One of the oft-made claims about Bitcoin and its blockchain transaction ledger is that they make transactions really cheap, so you can pay someone anywhere in the world for free, or close to it. But when you look closer, is that really true? Not by a long shot. Bitcoin transactions are stored in a large shared database called the blockchain. more
The Internet is about to go independent. After years of support and supervision, the U.S. Government is about to irrevocably relinquish its control over the Internet by transferring its authority to an independent corporation named ICANN. As part of this push, the current chairman of ICANN posted this article to the Wall Street Journal... What's truly amazing about this piece, is how well it's done... It was only after digesting this piece, that I remembered we are talking about ICANN here. more
Would you like to hear about how to treat your psoriasis? Where to get a cheap oil change? How to flatten your belly? Achieve a stronger sexual life? Cheap toner? Annuities? Herpes? Bed bugs? Free energy? Varicose-Veins? Herpes? Saggy skin? Arthritis? Overactive bladder? Drug addiction? Herpes? No? Well, that's too bad, because that you are going to hear about it whether you like it or not. Many of the messages about these and other subjects are being carried to you via new gTLDs. more
ICANN critics often focus on ICANN's expenditure. The organisation's overall budget had been growing for years prior to the new TLD program launch. However with the new TLD launch it mushroomed very quickly, with the organisation collecting $185k per application. With 1930 applications that gave them $357,050,000 ... ICANN's overall budget is big and how it decides to spend that money will always be subject to quite a bit of scrutiny. more
There is an intrinsic value proposition to new gTLDs. They mean to give users fresh naming possibilities and provide more meaningful Internet addresses. And to do so at much reduced prices. Reduced prices? Really? This is where eyebrows start being raised. How so? Well before the advent of new gTLDs, few suffixes offered any real ability to differentiate. Users thus looked to the second level, not the top level, for a way to get their web addresses to stand out from the crowd. So began a vicious circle of value going to the limited number of meaningful second level names since at TLD level, the only string with any real equity was .COM. more
On November 5, 2015 the Office of the U.S. Trade Representative (USTR) released the official text of the Trans-Pacific Partnership (TPP). That text consists of 30 separate Chapters totaling more than 2,000 pages, and is accompanied by four additional Annexes and dozens of Related Instruments. Only those who negotiated it are likely to have a detailed understanding of all its provisions, and even that probably overstates reality. more
In recent days it was revealed that analyst Zeus Kerravala, who had written a dozen-some articles, over many years, for Network World promoting Verisign's pro-.COM point of view and disparaging new top-level domains as a bad idea, was in fact a paid Verisign consultant. None of that was disclosed when Mr. Kerravala wrote these articles from January 2013 through October 2015. more
Governments often use small players as pawns in their global games of chess. Two weeks ago the European Court of Justice invalidated the EU-US Safe Harbor ("Safe Harbor") framework, turning Internet businesses into expendable pawns in a government game. But for the past fifteen years, Safe Harbor allowed data flows across the Atlantic -- fostering innovation and incredible economic development. more
Most of the ICANN community is headed to ICANN 54, the critical meeting in Dublin where some kind of an agreement on accountability reforms needs to be reached if the historic IANA transition is to take place. Only a few months ago, an open, multi-stakeholder process proposed to enhance ICANN's accountability by creating a very limited form of membership. It did not allow any individual in the world to become a member. It did not even allow any individual or organization with a domain name to become a member (as it should have). more
Participants in the recently released Global Consumer described new generic Top Level Domains (gTLDs) as being "innovative", "trustworthy", "interesting", "informative", and "cutting edge". With such impressive descriptions, it appears that the industry has made significant progress in reaching the tipping point. Although Q3 reflects growth, it also highlights the varying degrees of performance and need for further advancement in developing consumer awareness and in turn, the health of the industry. more
In a statement released today, Electronic Frontier Foundation (EFF) has criticized ICANN for not being proactive on privacy matters, saying the organization "can't seem to wrap its head around" the issue. more
Have you submitted your comments on the IANA Stewardship Transition Proposal? Do you believe the proposal of the IANA Stewardship Transition Coordination Group (ICG) for how to transition the Internet Assigned Numbers Authority (IANA) functions away from the U.S. government to the global community to be a solid proposal? Do you have points in the proposal you would like to emphasize? Do you have concerns? more
Sovereign nations around the globe have clearly defined borders, but as attendees were shown at a UN Conference several years ago, cybercrime is a borderless phenomenon. In 2011 Norton Security released statistics that showed that every 14 seconds an adult is a victim of cybercrime and the numbers are growing. As internet use grows, so does the amount and type of information streaming across the web. This information crosses transnational lines, public and private sectors. more
Google has a newly created parent, a holding company that is now its official owner. Of course, Google will keep using its extremely well-known name for its core search and related businesses. But the company now operates under an entity known as Alphabet -- to give its name with extension, Alphabet.xyz. Here specialists in gTLDs may be scratching their heads. Why .xyz? Why this little-known domain for one of the world's great corporations? more
As the leading consulting firm to the Domain Name industry, we work with many of the existing gTLDs, ccTLDs and new gTLDs. During our engagements we do a lot of listening (as well as work) and this gives us a unique perspective on the key challenges the industry is facing. Recently, we are hearing feedback from many leading registries and registrars about their need for more dynamic pricing and promotions and their concern that there may not be enough flexibility in their billing systems to speedily handle their promotion plans. more