Anyone here familiar with the newly launched Ethereum Name Service (ENS)? All the registrations are handled on the blockchain. Would this error be possible on ENS?
ENS would not have this problem, however, you might as well write a name on a piece of paper and never show anyone. It is not the same thing.
ENS will never be resolvable via the global DNS namespace. Its like a parallel DNS namespace. I don't believe that any blockchain NS will ever marry with the global name resolution namespace. Handshake and Namecoin are alternatives too, and there was non-blockchain thing called NewNet that no longer exists.
Globally resolvable names need to have registration details, so when you register "cocacola", Coke can sue you for trademark infringement. They need to be revocable.
I'm saying it wont happen because they wont let it. Its a closed club, and its a big deal when new TLDs get added. Johnny ethereum isn't allowed in.
Unfortunately though, .eth already collides with the reserved 3 letter country TLD made for Ethiopia.
> It would be a centralized service with decentralized records.
That is the best way to describe ENS. Your .eth domain is still sitting on a single TLD managed by so called 'trusted' centralised key holders.