Yes, that would be a good thing on both counts! Isn't it more renting the name rather than owning it, since a monthly fee still needs to be paid, no? 😁 🙏 💚 ✨ 🤙
!DIY
!LUV
Yes, that would be a good thing on both counts! Isn't it more renting the name rather than owning it, since a monthly fee still needs to be paid, no? 😁 🙏 💚 ✨ 🤙
!DIY
!LUV
If they're Web3 domain names where you truly own the digital property, then you would no longer need to pay a monthly fee. 🤔
I saw a blockchain offering decentralized domain names where a tiny fee is to be paid every year just to tell the nodes on the network that the owner of the domain name still wants to keep the name working, and that fee is drastically lower than the price of an "ordinary" name. 🤓
!DIY
!LOLZ
lolztoken.com
...then I don't want to know how bad asworstos is.
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@tydynrain, I sent you anAh, OK, I see. That reminds me of the domains that can be registered through Handshake, a decentralized, blockchain-based DNS service.
That seems pretty silly to me to do the same thing with web3 domains as is done with web2 domains. That doesn't really make me have any interest in looking into it...lol! 😁 🙏 💚 ✨ 🤙
!DIY
!LOLZ
The tiny yearly fee I am referring to is just for those Web3 domain names to continue operating, such that when it is not paid, it still remains with its owner indefinitely (until sold). 🤔😎
!PIZZA
!DIY
OK, that makes more sense, and makes them a bit more appealing then! I'd need some way to practically use a web3 domain before I decided to buy one. 😁 🙏 💚 ✨ 🤙
!DIY
!PIZZA
I think that (tiny) recurring fee is !INDEED still necessary to avoid overloading the network with a lot of inactive Web3 domain names. 🤔😅
!DIY
Yes, I can see the usefulness of that implementation. Does that mean that if the fee is not paid that the domain is released to someone else? 😁 🙏 💚 ✨ 🤙
!DIY
!INDEED
The Web3 domain name, if the recurring (tiny) fee is not paid, temporarily stops working (sending visitors to the target website), but stays with its current owner. 🤓
Anyway, looks like your "autocorrect" changed "then" to
that
after "paid". 🤯😅You can query your personal balance by
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they’re so full of themselves.
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