You have to weigh that against investing, even in just a HYSA, that 10 year outlay. Not a big deal if you only have a couple domains but it can add up quickly.
This isn’t an 11% hike to the total cost of the domain it’s more like .2% on a typical $10 fee.
Be careful with novelty TLDs, these aren't capped and some owners take full advantage of it to extort clients: they offer really cheap domains for the first few years, and then massively hike the price. Some businesses can't afford a domain change and are forced to pay up.
Generally, my advice would be to stick to country code TLDs.
>Generally, my advice would be to stick to country code TLDs.
Why? Unless you're talking about the country code of the same country you are operating in, (mis)using ccTLDs is basically gambling your domain's survival on the generosity of the country or even the very survival of the country itself. See Mali taking back .ml domain for a recent example.
Just stick to .net, .org or maybe .com for stability sake with only slightly higher but capped pricing.
I look at the five year or ten year registration rate. Also, I register it for the max duration possible, which is five or ten years, so at least I won't get extorted in that time.
Cool. Novelty domains for well established dot coms. Now go build a startup that you expect to build up and still own yourself 10 years from now using a .xyz domain.
It is why I don't use .xyz, but there are others that are cheap, e.g. .top. Moreover, one can always get additional domains later for the public image.
Enterprises are increasingly blocking a lot of the random TLDs. So unless you want your service and site to be inaccessible for people with deep pockets, avoid most TLDs.
ICANN requires accurate personal information from you which is worse than what a Google account requires. A competitor to ICANN could be more private by not requiring a dox of everyone who wants a domain.
Ownership costs of the domain names is certainly NOT the correct tool control the problem of domain squatting. Some players like rich individuals or big companies will still have enough wealth to squat as many domains as they like. Meanwhile, others with legitimate needs like citizens of low-income countries and small enterprises, will be priced out of the market.
Keep in mind that domain names aren't used just for naming web sites or services. It's a distributed metadata distribution system with several other uses like mail server config, numerous TXT record types, WKD etc. If you take the stance that only the affluent should be allowed to access those services, it will defeat the purpose of the entire system.
The real problem with the DNS is that its design makes it amenable to economic exploitation. It's true that the system takes economic resources to maintain. I'm fine with paying that cost and don't believe that it would make domain names unaffordable. But ICANN and the others are certainly demonstrating increasingly rent seeking behavior lately.
In my country's TLD there were a lot of domains that were parked when it was free to register and then they became available.
PoW is a great proven way to combat fraud also.
Right now attackers can create a new domain and a new identity for 10USD, whether a phishing domain or a malicious brand.
That said, there's a lot of TLDs nowadays, and arguably what made .com popular was this precise price combination, which should only be adjusted for inflation, and arguably to adjust for exhaustion of names.
If you want to experiment with TLDs with higher cost of entry, go ahead and find another TLD, or setup an LLC with your domain and distinguish yourself from your competitors.
You don't NEED to. If a TLD has a bad reputation, like TLDs that sell for less than .COM prices usually have, then you can just block users from those domains entirely.
"Sorry, please use another address".
Odds are you are not missing much from a user@cryptoaicompany.xyz if they couldn't spend 10$ in a decent domain.
Wrong, with large userbases you're going to lose business doing that, many real businesses using novelty TLDs, at least in the industry I'm working in now. Plus I think it should be illegal from an net neutrality perspective to treat different TLDs differently and to outright deny service.
Those projects are funded from auctions around 2012 and fund management since, which is a fund separate from ICANN's own accounting. Some people really, really wanted .blog or whatever, and the proceeds of the resulting auctions went into a fund that was to be spent on… I'm not well informed, but the money for at least one of those projects came from that fund. The others may too. https://domainincite.com/20440-wordpress-reveals-it-bought-b... Domain Incite also has other articles covering this subject area, some with profanity, all well-informed.
These price hikes have a simple reason: ICANN's per-year per-domain fee was not adjusted by inflation and most of the expenses do grow with inflation. No matter how well or badly ICANN spends its money, at some point a flat price was going to run into inflation-bound expenses and lose.
Feel free to criticise the Māori project, or ICANN's arguably wasteful meetings, or whatever you want, but please don't confuse the money in that fund with the budget for ICANN's operations.
Really need to add (2 cents) to the title. There are people in the comments who think it's 11% of the domain purchase price.
Any reason to think that the ultimate effect of this fee hike won't be the increased cost of domain names? That too, more than 11% perhaps?
A domain costs ~$10. ICANN used to take 18 cents and now it's 20 so maybe domains will cost $10.02.
> Any reason to think that the ultimate effect of this fee hike won't be the increased cost of domain names?
Any reason to think that it would be more than 2 cents?
I don't know. I was genuinely asking for the reasoning. I'm not familiar with the cost breakup.
So they multiply that 3.8M by the number of registrars active, and then divide the total amount based on what they feel is fair for all registrars?
One reason to pay the rent 10 years at a time, for domains you want to "keep"
You have to weigh that against investing, even in just a HYSA, that 10 year outlay. Not a big deal if you only have a couple domains but it can add up quickly.
This isn’t an 11% hike to the total cost of the domain it’s more like .2% on a typical $10 fee.
This looks to be a 2c price increase.
The ICANN fee is rising from 18c/yr to 20c/yr
The other fee that rose recently and is more significant, (around 8USD/yr) is set by Verisign, who operates the popular TLD .com
This is a price hike to gTLD providers by ICANN.
lol "11%" i guess sounds a lot bigger than "two cents".
Always use the cheapest TLDs. There is no reason to give ICANN more money. It works the same.
Be careful with novelty TLDs, these aren't capped and some owners take full advantage of it to extort clients: they offer really cheap domains for the first few years, and then massively hike the price. Some businesses can't afford a domain change and are forced to pay up.
Generally, my advice would be to stick to country code TLDs.
>Generally, my advice would be to stick to country code TLDs.
Why? Unless you're talking about the country code of the same country you are operating in, (mis)using ccTLDs is basically gambling your domain's survival on the generosity of the country or even the very survival of the country itself. See Mali taking back .ml domain for a recent example.
Just stick to .net, .org or maybe .com for stability sake with only slightly higher but capped pricing.
I look at the five year or ten year registration rate. Also, I register it for the max duration possible, which is five or ten years, so at least I won't get extorted in that time.
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There are a few companies that you might know of that use it, like https://block.xyz/ and https://abc.xyz/
Cool. Novelty domains for well established dot coms. Now go build a startup that you expect to build up and still own yourself 10 years from now using a .xyz domain.
Good luck.
It is why I don't use .xyz, but there are others that are cheap, e.g. .top. Moreover, one can always get additional domains later for the public image.
Check out this official site: https://abc.xyz/
Enterprises are increasingly blocking a lot of the random TLDs. So unless you want your service and site to be inaccessible for people with deep pockets, avoid most TLDs.
Bluesky's moderation team contact email is on .xyz
That's a baseless generalization. I love .top and I use it for regular services. Just because scammers use it doesn't mean that others don't.
I think it would be interesting if Google were to compete against the ICANN monopoly with their own DNS system.
Unless ICANN is selling information about us, that sounds like a huge downgrade.
ICANN requires accurate personal information from you which is worse than what a Google account requires. A competitor to ICANN could be more private by not requiring a dox of everyone who wants a domain.
Don't bother asking why they're raising the prices. They'll just say "Because ICANN".
Reminds me of the "WESAYSO" company in the 1990s sitcom Dinosaurs.
Reminds me of Apple's "Sosumi" system sound.
Cartel.
Prices raised due to the tariff on strings. /s
Sorry, but I want those transaction fees to go up. A LOT. Like one or two orders of magnitude.
There are far too many domains that are "parked" because those transaction fees are so low. Add an extra zero and most of those domains will unlock.
No thanks, I have two domains for my personal use and they shouldn’t cost me like two hundred bucks a year, that’s insane to pay a middleman for that.
Yeah, like, what’s the marginal cost for, say, a thousand additional domain names? Nothing.
Ownership costs of the domain names is certainly NOT the correct tool control the problem of domain squatting. Some players like rich individuals or big companies will still have enough wealth to squat as many domains as they like. Meanwhile, others with legitimate needs like citizens of low-income countries and small enterprises, will be priced out of the market.
Keep in mind that domain names aren't used just for naming web sites or services. It's a distributed metadata distribution system with several other uses like mail server config, numerous TXT record types, WKD etc. If you take the stance that only the affluent should be allowed to access those services, it will defeat the purpose of the entire system.
The real problem with the DNS is that its design makes it amenable to economic exploitation. It's true that the system takes economic resources to maintain. I'm fine with paying that cost and don't believe that it would make domain names unaffordable. But ICANN and the others are certainly demonstrating increasingly rent seeking behavior lately.
Yeah, but the money should go anywhere but the parasitic hive of lawyers known as ICANN.
In my country's TLD there were a lot of domains that were parked when it was free to register and then they became available.
PoW is a great proven way to combat fraud also.
Right now attackers can create a new domain and a new identity for 10USD, whether a phishing domain or a malicious brand.
That said, there's a lot of TLDs nowadays, and arguably what made .com popular was this precise price combination, which should only be adjusted for inflation, and arguably to adjust for exhaustion of names.
If you want to experiment with TLDs with higher cost of entry, go ahead and find another TLD, or setup an LLC with your domain and distinguish yourself from your competitors.
"Hackers" buy weird TLDs in bulk for less than $2 and you need to deal with them regardless. This is just gib money pls from ICANN.
You don't NEED to. If a TLD has a bad reputation, like TLDs that sell for less than .COM prices usually have, then you can just block users from those domains entirely.
"Sorry, please use another address".
Odds are you are not missing much from a user@cryptoaicompany.xyz if they couldn't spend 10$ in a decent domain.
Wrong, with large userbases you're going to lose business doing that, many real businesses using novelty TLDs, at least in the industry I'm working in now. Plus I think it should be illegal from an net neutrality perspective to treat different TLDs differently and to outright deny service.
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It's 2 cents per year bro
Can I ask you for 2c per year in exchange for absolutely nothing?
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Those projects are funded from auctions around 2012 and fund management since, which is a fund separate from ICANN's own accounting. Some people really, really wanted .blog or whatever, and the proceeds of the resulting auctions went into a fund that was to be spent on… I'm not well informed, but the money for at least one of those projects came from that fund. The others may too. https://domainincite.com/20440-wordpress-reveals-it-bought-b... Domain Incite also has other articles covering this subject area, some with profanity, all well-informed.
These price hikes have a simple reason: ICANN's per-year per-domain fee was not adjusted by inflation and most of the expenses do grow with inflation. No matter how well or badly ICANN spends its money, at some point a flat price was going to run into inflation-bound expenses and lose.
Feel free to criticise the Māori project, or ICANN's arguably wasteful meetings, or whatever you want, but please don't confuse the money in that fund with the budget for ICANN's operations.
Thanks for the correction. I see now that this is also covered here: https://www.icann.org/grant-program-en/#faqs
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Turns out you indeed can. https://news.ycombinator.com/item?id=44171652#44175257
you can fucking swear here
I swear your font color is different
It's what happens when a comment gets downvoted. It's got nothing to do with swearing, which is perfectly allowed indeed.