Most of the costs to provide digital services are salaries for the employees. You need engineers, support staff, lawyers, and some supporting roles like finance and security/compliance to meet the legal and contractual obligations of the service.
Sure, but remember that Verisign manages a total of 179 million domains. They also have less than 1,000 employees. Can they really have a salary cost of >$530K per employee? It's obviously the executive team that pockets most of that cost.
I'm curious. That's the class action from US residents. Would this thing effectively force Verisign to overcharge those purchasing .com domains from outside of the US (while lowering the price for those inside the US)?
The real class action case is that the huge stream of money flow is not cashing in Europe at all, not a cent. Who the f owns the infrastructure? If I buy a domain from and in Europe the money got to stay in Europe.
The real class action is the issue of a fascist government declaring antifascism terrorism, making all bank transfers void, seizing their domain (.org). They could do the same to ICC and ICJ, or anyone they dislike really. Most root-servers are located in America, too.
That some company is behind .com or some TLD and earning some money with that is a nothingburger.
Operators for gTLDs specifically .com .org .net serve large bases and operate under extensive contractual obligations, which can constrain arbitrary targeted enforcement. Than, some ccTLDs that have weaker mechanisms for appeal, leaving registrars and registrants exposed to discretionary decisions by the ccTLD operator or relevant national authorities
The internet needs an independent tld that’s not controlled by any entity, I see a lot of people over selling self hosting as the ultimate freedom, and while it’s great and better than relying in saas, you are still under the mercy of some entity and have a single point of failure in your setup. And before someone chimes in, onion aren’t practical.
It’s not just Verisign on .com; the entire gTLD system is corrupt (ccTLDs vary). .org and .info are probably even clearer examples.
>Verisign’s financial filings indicate it costs Verisign approximately $3 per domain to operate .com domains
to maintain a few hundred bytes in a database small enough to be served from a computer from the 90s?
Most of the costs to provide digital services are salaries for the employees. You need engineers, support staff, lawyers, and some supporting roles like finance and security/compliance to meet the legal and contractual obligations of the service.
Sure, but remember that Verisign manages a total of 179 million domains. They also have less than 1,000 employees. Can they really have a salary cost of >$530K per employee? It's obviously the executive team that pockets most of that cost.
.de costs me 1,14 € per year for comparison (using Netcup). Denic is also non-profit.
I wonder how much those operating costs would fall if you slashed salaries in half for all executives earning more than 4 million a year?
I'm curious. That's the class action from US residents. Would this thing effectively force Verisign to overcharge those purchasing .com domains from outside of the US (while lowering the price for those inside the US)?
Yes, same question here from my end, if anyone can answer. I had purchased some during those time frame here in EU. How does that work?
I just renewed domain name I own for maybe 20+ years, for $23/yr. This is nuts.
The real class action case is that the huge stream of money flow is not cashing in Europe at all, not a cent. Who the f owns the infrastructure? If I buy a domain from and in Europe the money got to stay in Europe.
The real class action is the issue of a fascist government declaring antifascism terrorism, making all bank transfers void, seizing their domain (.org). They could do the same to ICC and ICJ, or anyone they dislike really. Most root-servers are located in America, too.
That some company is behind .com or some TLD and earning some money with that is a nothingburger.
Operators for gTLDs specifically .com .org .net serve large bases and operate under extensive contractual obligations, which can constrain arbitrary targeted enforcement. Than, some ccTLDs that have weaker mechanisms for appeal, leaving registrars and registrants exposed to discretionary decisions by the ccTLD operator or relevant national authorities
I've always hypothesized this was going on. It'll be interesting to see the results.
The internet needs an independent tld that’s not controlled by any entity, I see a lot of people over selling self hosting as the ultimate freedom, and while it’s great and better than relying in saas, you are still under the mercy of some entity and have a single point of failure in your setup. And before someone chimes in, onion aren’t practical.
Are you saying onion isn't practical, or Tor isn't practical? They're not the same thing.
Great, I'm going to get a check for $0.01! Totally worth the millions the lawyers will get.