Verisign typo-squats

I don't like this at all.
They are supposed to manage the dns, not turn it into a moneymaking machine for theirself. It wouldn't be so bad if they made millions without hurting anyone, but they will be making money at the expense of many other people who depend on the internet for their income. They will be filtering money out of many people's pockets, and funneling it into their own pockets.

Also, what changes will they make to their pages in the future? Who's going to complain when they make small changes in their favor?

They have been trusted to manage the DNS, ...to be in charge of using it in a manner fair to everyone. Now they have given one company the ability to profit from all unregistered domains. ...that company being theirself. How is that fair? How is it fair to profit from the traffic from a domain without paying for it? Now if that domain brings them in 10 cents during a year, it's profitable for them, because they pay 0 cents for it. With no registration costs, they can offer services from domain traffic, cheaper than anyone else can. How can anyone else compete with that? Where's the level playing field? It costs me about $10 a year to use the traffic from a domain, and I have to pay for it before I can find out if it's profitable. It costs them $0 a year, and they will know in advance which domains will be profitable, before they buy it. Plus they can sell their traffic for much less and drive me and many other people out of business. I may be forced to give up my domain, because it won't be profitable for me to renew it. If I don't renew it, and it expires, it will automatically be a profit maker for Verisign. This reminds me of Enron.
This is also unfair in another way. What if Verisign did this from the beginning? Can you imagine all the high traffic domains they or their friends would own by now? With the information they will have, on which domains get the most traffic, who do you think will register them? Who do you think will be buying the best traffic domains from now on? Do you think when they see a domain making them $1,000 a year, they will let it sit there, unregistered, taking the chance that someone else might register it? Many people work full time looking for good domains to buy. They do their research, pay the registration fee, and hope the domain has typein traffic. Now verisign, with their inside information, can easily put them out of business.

They are using the position they have been entrusted with to gain a huge unfair advantage over many businesses and people working from home. They have shown that they are not capable of managing the DNS fairly and should have that responsibility taken away, immediately!

This is big business taking over the internet at the expense of smaller players, not a responsible company managing the DNS.

[ Reply to This | Parent ]

Re:This is so Wrong!
by jberryhill on Tuesday September 16 2003, @03:26PM (#12222)
User #3013 Info

You are absolutely correct on the value of competitive intelligence being reaped by Verisign on what are the most valuable unregistered domains in terms of traffic.

It is not a mistake that this action precedes WLS.

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