Transaction

j"1LAnZuoQdcKCkpDBKQMCgziGMoPC4VQUckMö<div class="post"><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=1790.msg26234#msg26234">Quote from: kiba on December 02, 2010, 05:33:20 PM</a></div><div class="quote"><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=1790.msg26233#msg26233">Quote from: ribuck on December 02, 2010, 05:30:22 PM</a></div><div class="quote">It's the same as with bitcoins, it just makes the remaining names more valuable.<br/></div><br/>if sex.bitcoin is lost for example, it can't be used forever. And there is only one sex.bitcoin in the whole universe.<br/><br/>It doesn't necessary make other domain names more valuable. What it does though is make certain resource useless.<br/></div><br/>In theory you could also put a "lease" on that domain so that after a certain period of time defined within the network protocol the lease would expire. &nbsp;In this case, if somebody "lost" their wallet the domain could become available after the lease expires. &nbsp;It wouldn't necessarily make the domain worthless either, as the IP address associated with the domain would still be valid, and the domain would still resolve even after the wallet was lost, but if there was an issue where the person owning the domain switched to another network (and a different IP address) it could be a bit of a problem.<br/><br/>None of these are intractable problems, and IMHO much of this makes domain addresses much more secure than is the case at the moment with domain addresses you get from GoDaddy, Verisign, or ICANN directly. &nbsp;Social hacking and some other generally minor hacking by somebody with just some casual knowledge about computers is all that is really necessary at the moment to change most domain registrations or "steal" a domain.</div> text/html