As if a den of evangelical blockchain shills would run the domain name system any more ethically, responsibly, and transparently than the current bunch of old school shysters running it, if only they'd hand over the reigns of control to the new blockchain shysters and make them God. Slapping the "blockchain" buzzword on everything doesn't solve any problems, it just makes you look like yet another con-man.
https://en.wikipedia.org/wiki/Namecoin
>A 2015 study found that of the 120,000 domain names registered on Namecoin, only 28 were in use.
An empirical study of Namecoin and lessons for decentralized namespace design
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.698...
>Based on all the empirical evidence we present,
we are left to conclude that the Namecoin ecosystem is dysfunctional. The vast majority of registered names represent squatting and there is little
evidence of a secondary market for names. While
there could be many factors that explain the lack
of adoption, there appears to be clear room for improvements in the design to minimize squatting and
other problems. To this end, in Section 6, we explore the design space of decentralized namespaces
and make recommendations.
Why Namecoin Didn't Take Off: A Cautionary Tale
https://cointelegraph.com/news/why-namecoin-didnt-take-off-a...
>Cointelegraph: You used to be one of Namecoin's biggest cheerleaders. What happened?
>Michael Dean: So here's my opinion, which is really going to get me hated, but I think Namecoin as a decentralized DNS-type system is dead.
>[...] The biggest flaw is the clunky wallet that takes ten minutes to open. The other biggest flaw is that the near-zero expense of registering domains encouraged domain squatting. All the good names are taken. Someone registered every noun in the dictionary as Dot-Bit.
>And these squatters didn't even do it right. When you go to any of these squatted domains, they don't go to a place holder with a page that says "to buy your site in Dot-Bit, email me here and make me an offer." The sites just don't resolve! These people are unclear on the semi-scummy concept of domain squatting. In Namecoin, even that gets done wrong!
>Also, Dot-Bit is actually vulnerable to a hostile takeover from ICANN. If ICANN decided to support Dot-Bit and decide where things would resolve contrary to where the Namecoin wallet was resolving things, and corporate DNS servers sided with the ICANN (which they largely would), it would create consumer confidence chaos with the Namecoin system.