> -----Original Message----- > From: James M Woods <[EMAIL PROTECTED]> > Date: Tue, 08 Mar 2005 07:14:27 -0500 > Subject: Re: NSI-- What Arrogance! > To: Chuck Hatcher <[EMAIL PROTECTED]> > Cc: discuss-list@opensrs.org > > > Hi Chuck, > > We will require winning bidders to commit funds on the domain they won. We > will not interpret the registrar grace period as the grace redemption > period. The 70~75 days past a domains expiry will still be honored. > > I owe you folks some info as Russ pointed out (BTW stop holding your breath > we don't want you turning blue ;) > > Here are some time line examples that we are playing with. > > Day 0 (expiry) domain goes dark, current state (AKA Registrar Grace Period) > Day -15 (95% of domains that will be renewed do get renewed by this date) > Day -35 Auction! (2 to 5 day auction) (lots of other things are going to > happen at this stage as well > Day -40~45 Names with no bid get deleted and go into true Grace Redemption > (Current state) > Day -40~45 Names with a bid get explicitly renewed (Old registrants data > stored in escrow, escrow contact info is in the whois > > Bake for 30 days (AKA fake redemption period AKA Escrow period) > -During this time the previous registrant can still "redeem" their name > -Secure funds from winning bidder > -advise old registrant how much they get from the sale of the name
... snip ... I'm only peripherally following this. What happens if the previous registrant still wants their name?? Or is that what you mean by "redeem"? They just get it back and the auction is void. Tim
