BitShares Forum

Other => Graveyard => KeyID => Topic started by: super3 on March 17, 2014, 04:05:46 pm

Title: Selling Feature of Bitshares DNS
Post by: super3 on March 17, 2014, 04:05:46 pm
Has been pointed out yet? I think the best feature of Bitshares DNS is propagation. With the current DNS system you can wait 24-48 hours to get your correct settings to go through. With a blockchain system this is whatever the block time is. Top level providers can simply replace their current systems with Bitshares DNS as a back end because it solves all the propagation and issues that they spend 90% of their time trying to fix.

Its an easy sell to the backbone providers.

Sent from my Nexus 5 using Tapatalk
Title: Re: Selling Feature of Bitshares DNS
Post by: Stan on March 17, 2014, 04:58:20 pm
Has been pointed out yet? I think the best feature of Bitshares DNS is propagation. With the current DNS system you can wait 24-48 hours to get your correct settings to go through. With a blockchain system this is whatever the block time is. Top level providers can simply replace their current systems with Bitshares DNS as a back end because it solves all the propagation and issues that they spend 90% of their time trying to fix.

Its an easy sell to the backbone providers.

Sent from my Nexus 5 using Tapatalk

Egad, Super3, brilliant!
Title: Re: Selling Feature of Bitshares DNS
Post by: HackFisher on March 17, 2014, 05:13:00 pm
+5%, looking forward Bitshares DNS

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Title: Re: Selling Feature of Bitshares DNS
Post by: super3 on March 17, 2014, 05:50:29 pm
To add to that I think it clear that the direct to consumer route for a DNS system will not work. Namecoin tried this and failed. Bitcoin users might be interested to install the software, but the other 99% percent of the consumer base won't care enough to install some plugins for some obscure domain name system. You can beat the network effect of the system the entire internet uses.

This would be my strategy if I was running Bitshares DNS:

1) Create Bitshares DNS to spec
2) Create a traditional company
3) Have that company create APIs that allow easy support with legacy DNS systems.
4) Make tons of money selling the APIs to backbone. You reduce the workload of backbone providers by 90%. You can save the hundreds of millions of dollars while getting Bitshares DNS out there. Blockchain based DNS system solved:


5) Suddenly now everyone supports the system with no effort on the part of the users

Title: Re: Selling Feature of Bitshares DNS
Post by: toast on March 17, 2014, 05:59:10 pm
That's a great point, ultimately this should be something we market to internet backbone companies. I still think getting the user-facing stuff done first is a good idea because it's so easy (just a browser extension) and will give the crypto community something to play with and hype up. With the force of a few hundred big players advocating for it it should be easier to make it "official" (whatever that means).
Title: Re: Selling Feature of Bitshares DNS
Post by: jwiz168 on March 17, 2014, 10:47:15 pm
Has been pointed out yet? I think the best feature of Bitshares DNS is propagation. With the current DNS system you can wait 24-48 hours to get your correct settings to go through. With a blockchain system this is whatever the block time is. Top level providers can simply replace their current systems with Bitshares DNS as a back end because it solves all the propagation and issues that they spend 90% of their time trying to fix.

Its an easy sell to the backbone providers.

Sent from my Nexus 5 using Tapatalk


Propagation is really important . It should be fast. Also another thing is the delegation of records. How is it to be created and organized?
Title: Re: Selling Feature of Bitshares DNS
Post by: alt on March 18, 2014, 01:15:02 am
It's best to disable case sensitive
and do you have some rules for the domain name string?
Title: Re: Selling Feature of Bitshares DNS
Post by: bytemaster on March 18, 2014, 05:26:29 am
To add to that I think it clear that the direct to consumer route for a DNS system will not work. Namecoin tried this and failed. Bitcoin users might be interested to install the software, but the other 99% percent of the consumer base won't care enough to install some plugins for some obscure domain name system. You can beat the network effect of the system the entire internet uses.

This would be my strategy if I was running Bitshares DNS:

1) Create Bitshares DNS to spec
2) Create a traditional company
3) Have that company create APIs that allow easy support with legacy DNS systems.
4) Make tons of money selling the APIs to backbone. You reduce the workload of backbone providers by 90%. You can save the hundreds of millions of dollars while getting Bitshares DNS out there. Blockchain based DNS system solved:

  • Domain Squatting
  • DNS Poisoning
  • Long DNS Propagation Times
  • No need for specialized hardware anymore. Just needs to be able to run the Bitshares Client.
  • Eliminates downtime and censorship

5) Suddenly now everyone supports the system with no effort on the part of the users

You missed the secure protection against man in the middle attacks.  (compromised SSL certs)
Title: Re: Selling Feature of Bitshares DNS
Post by: super3 on March 18, 2014, 05:45:46 am
To add to that I think it clear that the direct to consumer route for a DNS system will not work. Namecoin tried this and failed. Bitcoin users might be interested to install the software, but the other 99% percent of the consumer base won't care enough to install some plugins for some obscure domain name system. You can beat the network effect of the system the entire internet uses.

This would be my strategy if I was running Bitshares DNS:

1) Create Bitshares DNS to spec
2) Create a traditional company
3) Have that company create APIs that allow easy support with legacy DNS systems.
4) Make tons of money selling the APIs to backbone. You reduce the workload of backbone providers by 90%. You can save the hundreds of millions of dollars while getting Bitshares DNS out there. Blockchain based DNS system solved:

  • Domain Squatting
  • DNS Poisoning
  • Long DNS Propagation Times
  • No need for specialized hardware anymore. Just needs to be able to run the Bitshares Client.
  • Eliminates downtime and censorship

5) Suddenly now everyone supports the system with no effort on the part of the users

You missed the secure protection against man in the middle attacks.  (compromised SSL certs)
Indeed. You could do awesome things if you added Keyhotee to the mix. Using basic public-private key encryption you could create secure channels of communications between the server and user. Resistant to man in the middle attacks as you stated.
Title: Re: Selling Feature of Bitshares DNS
Post by: oco101 on March 18, 2014, 12:06:51 pm
To add to that I think it clear that the direct to consumer route for a DNS system will not work. Namecoin tried this and failed. Bitcoin users might be interested to install the software, but the other 99% percent of the consumer base won't care enough to install some plugins for some obscure domain name system. You can beat the network effect of the system the entire internet uses.

This would be my strategy if I was running Bitshares DNS:

1) Create Bitshares DNS to spec
2) Create a traditional company
3) Have that company create APIs that allow easy support with legacy DNS systems.
4) Make tons of money selling the APIs to backbone. You reduce the workload of backbone providers by 90%. You can save the hundreds of millions of dollars while getting Bitshares DNS out there. Blockchain based DNS system solved:

  • Domain Squatting
  • DNS Poisoning
  • Long DNS Propagation Times
  • No need for specialized hardware anymore. Just needs to be able to run the Bitshares Client.
  • Eliminates downtime and censorship

5) Suddenly now everyone supports the system with no effort on the part of the users

You missed the secure protection against man in the middle attacks.  (compromised SSL certs)
Indeed. You could do awesome things if you added Keyhotee to the mix. Using basic public-private key encryption you could create secure channels of communications between the server and user. Resistant to man in the middle attacks as you stated.
+1