Verisign has made a new "proposal" over expiring domain names. I've
mirrored a copy of it at:

http://www.loffs.com/images/VRSN_WLS.pdf

(Adobe Acrobat is required to view it, feel free to mirror it
elsewhere, as it was obtained from another website)

Given the wording of the document, with its rapidly approaching dates
for implementation, it seems more like an attempt to sneak through a
'done deal' negotiated in secret, rather than just be a discussion
document. It's scheduled to run for a full year at least (looks like 2
years to me, as a "Waiting list" order in the final month would still
last a year).

In summary, it's just a Snapnames-like service, wholesaled to other
registrars, with a WHOLESALE cost of $40 per name, PLUS the $6
registration fee (wholesale) for the new registrant. If a name doesn't
expire, the Waiting List Service buyer gets nothing. Other registrars
would charge a markup on top of the wholesale costs. Quality names
would no longer be deleted as they are now.

This is a pure cash grab -- Verisign's profitability has been in
question, with the lower than expected growth in registrations. With an
expected market of 5% of the 30 million domain names, that's roughly
$60 MILLION dollars per year to Verisign, for doing essentially
nothing.

Verisign presents this as a "win-win" for everyone, but I don't see it
that way. If Verisign is extracting an additional $60 million/year (on
top of the $180 million/year it already gets as maintainers of the
registry) from the system, someone is losing out -- consumers. Also,
many registrars would lose out, as they can make more money using the
existing state of affairs (registrars will be nothing more than bulk
resellers of a commodity, with low margins, while Verisign scoops up an
additional $40 per name.

There is NO WAY that it's costing Verisign $60 million/year to
implement the batch drop system, as it exists now. If they think it
does, I'll offer to take responsibility for it for only $30
million/year, saving them lots of money! :)

I'm hopeful that others see this for what it is, and protest strongly
to the appropriate authorities (ICANN, etc.). If someone can provide
email addresses, that would be great (I've never sent email to ICANN --
this will be a first).

Also, if Tucow/OpenSRS would reiterate its position stated at:

http://www.byte.org/rc-deletes/

(i.e. VGRS Obligations proposal), that might help.

Verisign is the embodiment of greed, attempting to overstep its
authority over these expiring names in order to pad its earnings, at
the expense of consumers and other registrars. The only solution I see
is an order from ICANN, in keeping with the VGRS obligations proposal
by Tucows/OpenSRS, that they be forced to delete all expiring names for
re-registration by ANYONE and ANY REGISTRAR at the standard $6/year
wholesale cost, using the batch system that exists now. The registry
monopoly doesn't exist so that Verisign can maximize profits at the
expense of others.

If they really think there is a problem with excessive automated
processes, those processes can be easily throttled. OR, there can be a
slight surcharge for names registered via the batch pool (e.g. make it
$10 instead of $6). 

I'm looking forward to comments.

Sincerely,

George Kirikos
http://www.kirikos.com/


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