Silent Evolution of the domain-name industry

Jon Postel and his colleagues at the University of Southern California’s InformationSciences Institute accepted the challenge. Postel trusted Paul Mockapetris to come up with a final solution based on a few of the existing propositions. Mockapetris instead invented the Domain Name System (DNS) in 1983 and was officially implemented a couple of years later. Paul Mockapetris expanded the Internet beyond its academic origins by inventing the Domain Name System (DNS) in 1983.

Invention of First Domain Name

On March 15, 1985, Symbolics Inc., a computer manufacturer in Massachusetts, registered the domain name Symbolics.com, making it the first appropriately registered .com domain in the world. Before the Domain Name System, you would access different addresses on computer networks through a host’s numerical address. The number of registered domain names is increasing day by day as compared to earlier.

History of DNS(Domain Name System)

Before 1995, anyone who wanted a domain name could register it free of charge. That all changed when the National Science Foundation awarded tech consulting company Network Solutions the ability to charge for registration. Domain prices began at $100 for a two-year registration.AltaVista.com was the first most expensive domain name (1998) with a price of 3.3million.

Mockapetris’ idea was to divide the responsibility but maintain the principles of having one single database. In the case of one server going down, a different one could carry the operation. It also enabled people to make updates to their networks without breaking connections with others. The changes would be visible to everyone and wouldn’t impact any disruption.

Here, are the list of first top 10 domain names :

  1. symbolics.com — 15/03/1985
  2. bbn.com — 24/04/1985
  3. think.com -24/05/1985
  4. mcc.com — 11/07/1985
  5. dec.com — 30/09/1985
  6. northrop.com — 07/11/1985
  7. xerox.com -09/01/1986
  8. sri.com — 17/01/1986
  9. hp.com — 03/03/1986
  10. bellcore.com — 05/03/1986

Verisign noted that there had been an 0.8 percent overall increase in TLD registrations compared to the first quarter of 2019 and a 4.4 percent increase year-over-year.

Domain names are build by the rules and procedures of the Domain Name System (DNS). Domain names consist of subordinate levels (subdomains) of the DNS root domain, which is nameless. The first-level set of domain names are the top-level domains (TLDs), including the generic top-level domains (gTLDs), such as the prominent domains com, info, net,  and org, and the country code top-level domains (ccTLDs).

Rules, Regulations, and DNS Law

A person registering a domain name is called the registrant, the owner of the domain name, the agency which submits them to the said domain name is called the registrar. All the domain names must register with domain name registrars. There are several Agencies called Domain Name Registrars that are authorized by the governing bodies to register a domain name and keep track of all information like renewal, transfer, and address details of the registrant in respect of Domain name.

Companies that do bring a court action must present legal arguments on why a domain name registered to someone else should be canceled or transferred to an organization that wasn’t fast enough to register the name first. Historically, these disputes of trademark law or dilution law (which are discussed in more detail on the BitLaw section on trademarks on the Internet).

Great Players in the DNS Field

It’s not uncommon to spend well over $100,000 for a premium domain name. However, buying an extension itself takes one to a whole new ballgame.

Here are just a few examples: Google paid $25 million toAPP, the rights.

Word-press purchased for $19 million, and Amazon paid up to $10 million.BOOK and Verisign backed a $135 million winning bid for WEB.

The biggest registrar is Godaddy, and its revenue is $2.5G/yr, which includes a lot of non-registrar gains. So I’m guessing that the registry and registrar business is in the range of $3 to $5G (billion), growing slowly.

Meanwhile, Amazon’s cloud revenue this year is about $20G, Google Cloud, and Microsoft Azure both about $10G, each of which is likely to double by 2020. Facebook’s revenue is around $40G, and Google’s is $100G, jd.com (the Chinese e-commerce company) $55G. Amazon’s overall revenue is $180G, but most of that is stuff, not bits.

The overall Internet business is on the order of $1 trillion, with the domain business being less than 1% of that. So let us not get swelled heads.ICANN formed in 1998. It is a not-for-profit partnership of people from all over the world dedicated to keeping the Internet secure, stable, and interoperable. It promotes competition and develops policy on the Internet’s unique identifiers.

ICANN doesn’t control the content on the Internet. It cannot stop spam and deals with access to the Internet. But through its coordination role of the Internet’s naming system, it does have an impact on the expansion and evolution of the Internet.

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