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100-Year Domain Renewals?

timothy posted more than 10 years ago | from the alien-invasion-insurance dept.

The Internet 376

Ryosen writes "I received an email this morning from Network Solutions. Seems they are offering their current customers the ability to renew their domain names for 100 years. Is this is a realistic investment considering most companies don't last 100 years? Given that the Internet is a recent phenomenom, is it realistic to expect it to be the same in 100 years? Will Verisign be around that long? Does this make sense?"

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/. 2097 (-1, Offtopic)

Anonymous Coward | more than 10 years ago | (#8643561)

100 Yrs 0F FRIST PSOTING!!!

Re:/. 2097 (-1, Offtopic)

Anonymous Coward | more than 10 years ago | (#8643610)

More like 100 years of being off topic.

Um...no (3, Insightful)

mercan01 (458876) | more than 10 years ago | (#8643562)

I can't imagine this is a worthwhile investment for the myriad of reasons the submitter. Stick with the 10 year renewl option.

Re:Um...no (3, Insightful)

Anonymous Coward | more than 10 years ago | (#8643647)

For large companies, I suppose the management problems of renewing domain names (even once every 10 years) outweighs the cost.

Case 1:
There is a special department to handle this matter. All right, now there's no such need.

Case 2:
There's no special department to deal with domain name renewal. Once every few years, when everybody has forgotten the matter and suddenly somebody realises the domain is going to expire tomorrow. So now the problem would cease to exist within your lifetime (that's good enough, isn't it?)

Re:Um...no (5, Funny)

KamuSan (680564) | more than 10 years ago | (#8643805)

Imagine the problems they will have after 100 years. Do you think anyone will remember to renew the domainname 99 years from now?

Re:Um...no (2, Interesting)

cshark (673578) | more than 10 years ago | (#8643691)

I could see 30 year registration. That would make sense. But 100 years? Who says domain names will even exist 100 years from now?

Re:Um...no (4, Insightful)

pr0c (604875) | more than 10 years ago | (#8643739)

With deflation they are going to make a killing off of selling 100 year renewels to fools. Well that and the likleyhood of prices dropping.

10 dollars paid 100 years in advance.. think about it people.

Dead (1)

millahtime (710421) | more than 10 years ago | (#8643746)

I'll be dead in 100 years so what good will it do me. I'm not seeing a plus to being dead and owning a domain.

I think they know something we don't! (2, Funny)

Anonymous Coward | more than 10 years ago | (#8643563)

Maybe they are better informed than us /.'ers and everything is going to change in the near future rendering your 100 year domain useless.

Synical, me? Naaaa.

Re:I think they know something we don't! (1)

Saint Stephen (19450) | more than 10 years ago | (#8643681)

As long as this happens with 30 years they come out ahead.

Re:I think they know something we don't! (0)

Anonymous Coward | more than 10 years ago | (#8643817)

Kan't speel, you? Naaaa.

Color me surprised (-1, Offtopic)

Anonymous Coward | more than 10 years ago | (#8643564)

There is a reason this bunch of clowns get called Notwork Solutions you know.

Domain renewals for an entire Century. What a complete waste of time.

Makes a lot of sense for Verisign... (4, Insightful)

iapetus (24050) | more than 10 years ago | (#8643567)

Nice to be paid up front for a service you may well not end up providing.

For the users, it's pretty much equivalent to being able to buy your domain name for all time, with no risk of it somehow falling to a domain squatter because you failed to renew. If you've got the money to throw at that sort of peace of mind, then why not?

Snapnames (4, Insightful)

beakerMeep (716990) | more than 10 years ago | (#8643601)

Another interesting thing to consider -- as a recent snap names customer, (for a domain I feel I have the right to but don't own and dont want to pay ICANN $1000 to arbitrate) this would really negate the value of snapnames. In fact if the ower of the domain I want were to purchase 100 years I would certainly want my money back from snapnames.

Re:Makes a lot of sense for Verisign... (0)

Anonymous Coward | more than 10 years ago | (#8643835)

And what happens when Verisign goes under in few years?

One Winner (4, Interesting)

RobertTaylor (444958) | more than 10 years ago | (#8643568)

100 year registration is plain silly. Ten year ones currently are popular but really only to those who have very valuable names or dont want the hassle of re-registering names every year.

The idea of allowing a user to specify a date for renewals is best, for example April 1st could become the date all the domains for a company are renewed, rather than scattered dates throughout the year.

My Auction: Pan Tilt Moveable Ethernet Webcam, UK! [ebay.co.uk]

Re:One Winner (5, Insightful)

mumblestheclown (569987) | more than 10 years ago | (#8643666)

100 year registration is plain silly.

Really? Tell me, who exactly is working at IBM, Apple, Ford, Xerox, Boeing, etc who is the single person responsible for making sure that the domain gets re-registered say 10 years from today? Such a person might lose his job and/or be easily lost in the system by that time. Constructing an internal system to keep track of this costs well more than $1000, and in fact it costs probably a minimum of $200 of people-time to do such renewals even in a medium-large sized company.

Frankly, for all the stupid and evil things that NetSol does, this is a brilliant marketing move and more power to them. Not only does it get them desperately needed up-front cash, but they get paid above the odds and lessen the chance of some embarassing squatter incident involving a medium-large company in the near future.

Re:One Winner (0)

BSDKaffee (729432) | more than 10 years ago | (#8643680)

Can I file for an extension on my domain name please?

Re:One Winner (1)

Threni (635302) | more than 10 years ago | (#8643757)

> 100 year registration is plain silly.

I agree. Make them permanent. What does it matter? 1 year is pointless. You don't have to keep applying to keep the same phone number do you?

Re:One Winner (2, Informative)

robbieduncan (87240) | more than 10 years ago | (#8643775)

Yes (at least in the UK). If you stop paying your line rental (on a land-line) or stop your contract (on a mobile) then you loose your phone number after a while. If you reconnect you will get a different number.

Yeah, it makes sense... (4, Insightful)

terraformer (617565) | more than 10 years ago | (#8643569)

...for Network Solutions' bottom line. ;-) But in all seriously, this is the kind of short sighted, pump up stock crap I would expect from the MBA set. Take in a huge amount of money up front at a severe discount and then lose the regular income over the long haul. The only way this would work for netsol is if they invested most every dime of it in long term investments and were really conservative with it. The reality is, there will be a peny or two higher dividend this quarter.

Re:Yeah, it makes sense... (5, Interesting)

bitmason (191759) | more than 10 years ago | (#8643598)

I would be very surprised if Network Solutions can report this as lump-sum revenue in the quarter received. Like any subscription, I would assume that it has to be spread out over the length of the registration. If so, they're actually potentially giving up some nearer-term revenue for this (because there's a discount involved)--even though they're getting cash in hand.

It's not short sighted.... (5, Insightful)

raehl (609729) | more than 10 years ago | (#8643716)

You have to keep in mind that even at a paltry 6% return rate, the value of money doubles every 12 years - or about 8 times by the time 100 years rolls around. That's why these company's love these long-term domain renewal options - even if they charge you one half of what you'd pay over 100 years, they'll still, in the long haul, get 4 times as many real dollars out of you.

In business, it's always better to get money sooner over later. 100 years early isn't a "trick", it's almost theft.

Re:It's not short sighted.... (2, Informative)

S.O.B. (136083) | more than 10 years ago | (#8643834)

they'll still, in the long haul, get 4 times as many real dollars out of you.

I think you forgot about inflation. All you need is one or two decades with double digit inflation like we had in the 70's and you'll be lucky if the "real dollars" break even.

useful for 10 years ? (1, Interesting)

Anonymous Coward | more than 10 years ago | (#8643572)

Don't assume your domain will be useful for more than 10 years. Given that, if it still makes sense price-wise then go for it.

Lamers (3, Insightful)

optisonic (202402) | more than 10 years ago | (#8643574)

It looks to me like they are out of decent ideas to generate revenue and also want to give the impression that this service somehow is going to be around for that time period.

Face it, the current system will not last through leaps and bounds of technology that are coming. We are still in the stone age compared to what is ahead.

It would be better to take that money and buy ten years and invest the rest so it is actually doing something useful for you.

Best,
BJ

well why not? (4, Interesting)

gbjbaanb (229885) | more than 10 years ago | (#8643578)

the thing is, if you're a company like MS or IBM, spending $1000 on a domain is worth the tme it would otherwise take to get it renewed every 10 years. You don't know the paperwork, the invoicing, the bills, the accounts, the 'why do we need this domain' questions... buy it once for $1k, forget about it.

and, as far as Network Solutions is concerned, they get the full money, even if the client does go bust! Its win-win all round.

Re:well why not? (2, Insightful)

FalconZero (607567) | more than 10 years ago | (#8643618)

Precicely. It may also be that this is a product targeted at non-technical staff within companies. I know quite a few managment types that would jump at this kind of offer without even consulting someone on the technical background.

Re:well why not? (3, Funny)

shione (666388) | more than 10 years ago | (#8643631)

yea especially so for Microsoft. Who else remembers this: oh oh... [google.com]

Re:well why not? (1)

Foss (248146) | more than 10 years ago | (#8643651)

Agh! Beat me to it by three minutes!

Re:well why not? (1)

Foss (248146) | more than 10 years ago | (#8643639)

It's especially useful for companies that forget to renew domain names [slashdot.org] :)

Re:well why not? (0, Redundant)

Curunir_wolf (588405) | more than 10 years ago | (#8643707)

Especially for MS, as they are always forgetting [slashdot.org] to renew their domain names [doublewide.net] ...

Re:well why not? (1, Funny)

Anonymous Coward | more than 10 years ago | (#8643738)

One hundred years from now nobody at the company will know anything about renewing domain names, since they've never had to go through the process. They'll laugh at the renewal invoice, and think it is a scam.

Re:well why not? (2, Funny)

metamatic (202216) | more than 10 years ago | (#8643780)

Yeah, but if you're a company like IBM, it's worth $1000 not to have to do business with Network Solutions.

Renewal costs (5, Insightful)

bitmason (191759) | more than 10 years ago | (#8643581)

The submitter makes valid points. On the other hand, for a large company, we're really talking about very little money here and the internal administrative costs of dealing with a renewal are probably fairly significant. So , for a Ford or GM or whatever, it may well make sense to pay the few thousand dollars for their various primary domains and then not have to worry about it.

Re:Renewal costs (1)

Lattitude (123015) | more than 10 years ago | (#8643623)

But big companies have procedures in place that accomplish the same thing.

Re:Renewal costs (4, Insightful)

bitmason (191759) | more than 10 years ago | (#8643685)

Yes they have procedures, but it still costs money. And there have been any number of documented cases of companies losing their domains because they forgot to renew, notices weren't sent out, paperwork got snafued, etc. This isn't a service for an individual or a small business, but IMO makes a lot of sense for a large company. The financial downside of doing it is almost trivial in the scheme of things compared to some of the potential (however low probability) downsides of messing up a renewal.

Is it a good deal for the issuer as well? Hell, yes. Pre-pays are great--the longer the better. You lock in the customer and, for any of a variety of reasons, you may never need to provide the service (the customer goes out of business, you go out of business). Or registration costs could drop so far that this is the world's most expensive domain registration in 10 years.

Probably Not. (2, Insightful)

Jexx Dragon (733193) | more than 10 years ago | (#8643582)

I really don't think that would be useful. Not only will you be dead in 100 years, but the company issueing these names may not be. But, I guess its up to you, at least you wouldnt have to worry about someone trying to steal it.

it's a tradeoff... (4, Insightful)

psycho_tinman (313601) | more than 10 years ago | (#8643583)

For some people, heck for most, money can buy you conveniences.. This is just an additional service offered by them for a nice round number of years. They're just promising to take care of the hassle of domain renewal. At the end of the day, 10 year or 100 year renewal makes little difference. The person/organization which is organized won't need ANY renewal services, while others may opt for this service.

Some people pay money to buy tax software, while others hire an accountant and yet others do their taxes by themselves. It's the degree of customization and service which differs. Isn't that all there is to it ?

I'm not sure if the internet as we know it will exist in a 100 years, but then, people were arguing that snail mail would be extinct and there would be paperless offices throughout the planet. That hasn't happened yet. Let those who want this service spend some additional cash and buy themselves peace of mind, if they have the cash to spare and wish to do so.. Simple.

Where does the ownership go? (4, Insightful)

192939495969798999 (58312) | more than 10 years ago | (#8643584)

If network solutions dies, where do those ownerships go? That's a critical question, and one that this article is really asking. Suppose Microsoft steps in and buys the outstanding interest in Network Solutions... the results could be really disastrous. On the other hand, the government could step in and regulate ownership of domain names, and then it would be like getting a business license or something like that. One last thing - it's spelled PHENOMENON.

Re:Where does the ownership go? (1)

benasselstine (764316) | more than 10 years ago | (#8643669)

Oddly enough the phenomenom.com domain name is available for a 100 year renewal.

Re:Where does the ownership go? (3, Funny)

Tomahawk (1343) | more than 10 years ago | (#8643677)

One last thing - it's spelled PHENOMENON.


Do doo d' do do!


Do you really need Sandra Bullok and a few pink muppets to get the effect.

Re:Where does the ownership go? (1)

olderchurch (242469) | more than 10 years ago | (#8643781)

Thanks a lot! It will take me at least a week to lose that song. I will be singing it the whole day and people will start to give me funny looks.

Re:Where does the ownership go? (1)

will_die (586523) | more than 10 years ago | (#8643693)

They would just be treated like any other debt or obligation for any other company.
If purchased the new company would be obligated to provide service as detailed in the agreement when you pay the contract.
If network solutions went belly up and no one purchased it and its info, then you are probably in trouble like everyone else.
If the government decided to take over all control then depending on which government you might get a prorated money back or nothing at all.

Re:Where does the ownership go? (2, Interesting)

v1 (525388) | more than 10 years ago | (#8643750)

I asked my registrar (register.com) a similar question, and found out at least for them how it works. Apparently when you pay for your domain, they forward the registration fee to icann or whoever, so your domain is registered with them for however long. From there, you can transfer your domain to any registration service, usually free of charge.

I asked the rep then what is to stop me from registering my domain at the cheapest place possible for an extended time, (10 yrs etc) and then transferring it to register.com to take advantage of their free 800# support etc. She said that although that's abusive to them, it's allowed, and that some people do indeed do that to get their higher quality services without paying the higher registration fees.

This being the case, if NS goes under, you can just transfer administration of your domain name to another registrar. I suppose you can think of it like stock... you pay a broker to buy and manage stock for you. If the broker or his company goes away, it doesn't mean you've lost your stock - you just have to find another broker to continue providing you services for the stock you own. That, and you have the right to change who manages your stock at any time.

I remember something similar to it (5, Interesting)

lingqi (577227) | more than 10 years ago | (#8643587)

Just before the Nationalists fled mainland china to Taiwan, they pre-charged everyone something like 50-years worth of taxes.

Let's just say that for everybody that paid, it wasn't a very good investment.

(That said, it's not that people had a choice in the matter or anything)

Why pay $9.99/yr when you can pay less... (5, Insightful)

alpha1125 (54938) | more than 10 years ago | (#8643588)

You have godaddy.com [godaddy.com] which is alot cheaper. Others maybe cheaper...

With godaddy, you can subscribe for a few years, I know at least 6 years in advance. I can't remember if it's more.

With the money you tie up, you can invest, use the investment earnings to pay for more years or hosting. Or even better yet, free beer for your friends. :)

I'm not affiliated with godaddy, they're just my domain name registrar.

Re:Why pay $9.99/yr when you can pay less... (1)

adzoox (615327) | more than 10 years ago | (#8643662)

I was going to say the same thing but found your post - you deserve mod points. I use godaddy too. Thery are a division of dotster - which I really don't like - but their godaddy division seems to be run better. You get lots of little perks that you have to pay extra for elsewhere.

I will add this - it would be foolish to do this for another reason - what if you are bought out? What if your company name changes? Mine has changed from Gadzooks to adzooks to adzoox.

Re:Why pay $9.99/yr when you can pay less... (1)

Carthag (643047) | more than 10 years ago | (#8643687)

Is that Go, Daddy or God-Addy? I'm slightly disturbed by the first possibility :P

Re:Why pay $9.99/yr when you can pay less... (1, Interesting)

Anonymous Coward | more than 10 years ago | (#8643690)

Of course, if you just happen to check a domain name that interests you and then don't buy it immediately, they'll quickly snap it up for themselves. Good luck getting them to sell it back to you for $9.99 ...

100 years of tubgirl (0)

Anonymous Coward | more than 10 years ago | (#8643592)

Coolbeans, now I can check out tubgirl.com until the day I die.

not really realistic. (1)

gl4ss (559668) | more than 10 years ago | (#8643593)

of course, if it's cheaper than the renewals for say, 4-5 years then why not grab it and see how long it lasts.

-

i think im going to register (4, Funny)

FS1 (636716) | more than 10 years ago | (#8643596)

I thought about registering iamanidiot.com, but found it is already registered to network solutions. Oh well should have seen that coming.

What happesn if (2, Funny)

Fisher99 (580290) | more than 10 years ago | (#8643597)

your one of those small scam campanies who change their name every year?

This is hysterical... (4, Funny)

Noryungi (70322) | more than 10 years ago | (#8643599)

In other news today, I just found this in my inbox:
  • Increase the size of your love tool!
  • Cheap drugs from overseas! Our doctors will write the prescription!
  • Even better than Vi@gr@!
  • Win '000s of $$$ on Ebay!
  • Act now and protect your domain name for 100 years!


Or, in the immortal words of P.T. Barnum: " A sucker is born every minute ".

Re:This is hysterical... (0)

Anonymous Coward | more than 10 years ago | (#8643655)

Or, in the immortal words of P.T. Barnum: "A sucker is born every minute".

Actually, he didn't say that [historybuff.com] .

Colour me cynical but... (0)

JosKarith (757063) | more than 10 years ago | (#8643611)

...what is the chance in that 100 years that some large company decides that your MyName.ImNobodyReally.Com name would be a nice marketing gimmick and sues you for typosquatting?

If it makes sense to you... (1, Redundant)

DrInequality (521068) | more than 10 years ago | (#8643612)

If it makes sense to you, I've got a piece of the moon for sale [moonshop.com] !

Some idiot will buy it... (0, Redundant)

jonesvery (121897) | more than 10 years ago | (#8643613)

So basically what they're selling is "renew this domain automatically," except that you pay up front for *ahem* "100 years," at the *ahem* low, low discounted rate of $9.99 a year. Which is still more expensive than godaddy.com.

Well, some idiot will probably buy it. (Obligitory MS bashing) Wasn't MS having a problem with forgetting to renew domains? :)

Anything else? (1)

Hexydes (705837) | more than 10 years ago | (#8643614)

Was there anything in your e-mail about bridges for sale, or maybe ocean-front property in Arizona?

Re:Anything else? (0)

Anonymous Coward | more than 10 years ago | (#8643658)

They have ocean front property in Arizona! Sweet! Where can...

...oh...

...right...

...I knew you were joking.
Heh Heh.

Heh.

(walks away)

Thanks for getting George Strait stuck in my head (1)

Amata (554796) | more than 10 years ago | (#8643723)

(nt)

Innovating new product offerings (2, Insightful)

Que_Ball (44131) | more than 10 years ago | (#8643620)

While the company is not one most geeks would trust I do admire this move.
Other registrars are complaining about the control and lack of innovation by ICANN yet Verisign is finding ways to intruduce new products.

If nobody buys this service then it is a failed experiment but I suspect they will do a slow but steady business selling these virtually unlimited domains. I know many companies that went out and registered their domains with the longest expiration possible at the time. If a 100 year registration was available I'm sure at least one would have done it.

Of course in 100 years from now and your company has moved 6 times, phone numbers have been extended many times, email addresses in the form used now don't even exist anymore so all the contact info on your record is completely stale. Is someone going to remember to renew? Will the renewal notices ever have a hope of arriving?

Family Names (5, Interesting)

sandypants (73882) | more than 10 years ago | (#8643621)

For those of us with Family names as domain names, holding that domain name for 100 years.. while debatably evil.. does become a viable use. It can be passed on from generation to generation. A legacy kinda thing.

Re:Family Names (3, Insightful)

DjReagan (143826) | more than 10 years ago | (#8643793)

Do you really think that in 100 years domain names will exist in any way vaguely recognisable as what they are today? Sure, you could pass it on as a legacy, but your grandkids are going to wrinkle their noses and say "What is this .com thing stuck on the end?"

100 years of interest loss (2, Interesting)

kjba (679108) | more than 10 years ago | (#8643622)

just $9.99 a year. This is a savings of over 70% compared to paying annually

This does not even come near the truth. If one dollar that you're paying now is used in a hundred years, you would actually have $131 when taking interest into account (assuming 5% each year).

What a loss!

Re:100 years of interest loss (2, Funny)

boer (653809) | more than 10 years ago | (#8643695)

In other words, the $1000 now would be worth some $131500 in 100 years assuming 5 per cent annual interest rate, so effectively one is paying $1315 per year for the registration.

Re:100 years of interest loss (3, Informative)

Eye of the Frog (152749) | more than 10 years ago | (#8643706)

You're assuming that registration stays at a flat rate. What do you know you can buy today for the same price 100 years ago? Or even 10? You're also talking about $131 in one hundred years from now. That $131 will most likely carry close to the same weight as $1 does today. Compare what $100 buys you today and what it bought you in 1904.

Well you could make a great deal, look at Guinness (5, Interesting)

damgx (132688) | more than 10 years ago | (#8643628)

In 1759 Arthur Guinness, rather speculatively, took over a deserted brewery at Dublin's St James's Gate, moreover he leased it for 9,000 years at a rent of 45 per annum - obviously intending on staying awhile.

Source: [viewlondon.co.uk]

I guess he made a great deal don't you?

This is dirt cheap.... (2, Insightful)

Asprin (545477) | more than 10 years ago | (#8643632)


VeriSign is selling the functional equivalent of a lifetime registration.

You know, like US copyright law.

Sure, it's not for every domain, but $1000 for 100 years of not having to rely on the kindness of others [com.com] (who may even hate you [com.com] ) because the boneheads in your internet services division let your company's registration lapse is dirt cheap. It probably won't sell like hotcakes, but jalapeno poppers isn't out of the question. Speaking corporately, it's a lot cheaper than lawyers and bribes you'd need to fund to win your lost domain back. ;)

Re:This is dirt cheap.... (1)

frostman (302143) | more than 10 years ago | (#8643823)

Funny, I'm currently paying $8.50 for new .com/.net registrations...

...and even if I buy in bulk (100 years) Network Solutions still wants to charge me more.

Of course this is a good idea (2, Insightful)

dave420 (699308) | more than 10 years ago | (#8643633)

Keeping a domain for 100 years is a great idea. All it does is add to the value of the domain.

If you buy a domain for cheap, build up a decent web site (profitable would help), your 100-year lease on your domain becomes one hell of an asset.

Take the property market in the UK, for example. In London, most properties are "lease-holds", which means even though they're owned by private entities, when the lease-hold runs out (about 100 years), the property is given back to the Queen (so people can't just buy up all the expensive real-estate, and keep it). Most people use a long lease-hold as a selling point to buying their house. It guarantees you the house for as long as the lease-hold. It's the same with domains. You can't just look at the obvious financial aspects, but see how it pans out over time. A guarantee is sometimes worth more than the product itself.

www.microsoft.com isn't very useful if it's only yours for 2 minutes. A 100-year lease, however, would be worth billions.

Re:Of course this is a good idea (0)

Anonymous Coward | more than 10 years ago | (#8643648)

Yes but 100 years isn't that long. Look at Hong Kong. We had to give it back in the end..

From the book of Genesis... (4, Funny)

slycer9 (264565) | more than 10 years ago | (#8643636)

And thus Cain rose up and slew Abel for their father had given Abel his birthright, the domain name of Abraham.Com, and witheld FTP rights from Cain.

And God said unto Cain, 'Why aren't thou using the latest kernel as they brother?'..............

E-Obsolesence (1)

Mulletproof (513805) | more than 10 years ago | (#8643638)

Beyond the fact that whether the company will be around in 100 yesrs, do you think the internet will be around in a hundred years? It's very possible that what we see now is nothing but an evolutionary process that will give way to bigger and better things. Forget the company... Will .com mean anything in a hundred years, period??? 100 years is a lot of time for changes and revolutions to happen.

Re:E-Obsolesence (1)

phil reed (626) | more than 10 years ago | (#8643764)

Having just read a book by Richard Gott that discusses this sort of question, let's do a little math.

There is a 95% likelyhood that we are seeing the middle 95% of the Internet's lifetime. That means we have seen anything from the first 2.5% of the Internet's life span up to the first 97.5% of the Internet's lifespan. If we say (to make the numbers work out evenly) that the Internet was invented 25 years ago, then if we are present at the beginning of the Internet's life span, we can be 95% confident that will last for another 1000 years. If we are at the end of the Internet's life span, then it will last another 7.7 months. So, we can say with 95% certainty that we can expect the Internet to survive for something between the next 7.7 months and 1000 years.

Of course it makes sense (1)

MythMoth (73648) | more than 10 years ago | (#8643643)

The overhead of offering the option to Verisign is very nearly nil.

If some of their customers want to renew for 100 years at a stretch, it makes perfect sense to permit them to thrust the money into Verisign's pockets.

And for a company with a valuable domain name it's a lot safer to pay a relatively small amount of money up front and have zero risk of the domain expiring. Remember, Microsoft has accidentally let vital domain names lapse before now !

I loathe VeriSign as a company, but this is just plain common sense.

D.

Company Life? (5, Insightful)

Tomahawk (1343) | more than 10 years ago | (#8643663)

I don't think the problem is whether or not my company will last 100 years (or, for that matter, whether I will last for 100 years). I would ask whether Network Solutions would last for 100 years.

The max term of a domain name lease is 10 years. Network solutions provide this 100 year lease by automatically adding an extra year to your lease on a yearly basis. If Network Solutions suddenly disappear, then your lease it left at 10 years, and you loose the other 90 years that you paid for.

T.

big internet domain crash in 100 years ? (5, Insightful)

Atreide (16473) | more than 10 years ago | (#8643668)

in one century I do not think my corporate maintenance procedures created today will be available / archived
in one century I do not expect to be working any more, so procedures & knowlegde will be lost
in one century I do not expect to be able to find my Verising login/password neither my bill to renew my corporate domain name for another century

when you do not regularly work with nor do you maintain something it disapears from your thoughs.
In one century many corporations (if they live that long) will just forget to renew.
What happens if they do not renew in 100 years ? Do they disapear from the internet ? What can Verisign tell us ? Noone at verisign will be there in one century. There is really no engagment from a corp that will probably not be there in one century.
Besides, would you dare give your provider the responsability of calling you in one century to remind you you must pay ?
I would not dare that.

That total nonsense.

moreover, who can say if domain names will not be free in 30 years ? Therefore you would have paid 70 years more, will Verisign give you change ?

If that's serious news, it's probably more some kind of advertisement from Verisign than a real product. It means "we are confident we will be there in 100 years, you can trust us to register for any length of time".
Sorry mister VS I do not trust you.

What about the SAVINGS?! (1)

SySOvErRiDe (646513) | more than 10 years ago | (#8643673)

I mean like, it's $9.99 per year. That's like, your paying for only ninety-nine years as opposed to $10.00, you'd pay for the full one hundred years!

Remember "washpost.com" (2, Informative)

ortcutt (711694) | more than 10 years ago | (#8643674)

Remember a couple of weeks ago when the Washington Post lost its email connection because they forgot to renew the domain washpost.com. $9.99 * 100 = $999. That's a bit of money, but a whole lot less than it cost the WP to have no email for a day.

Here [internetnews.com] is an article on the event.

There is a sucker born every minute (0, Troll)

DukeLinux (644551) | more than 10 years ago | (#8643675)

This service is also being bundled with naming a star after your company as well. Who cares, it is the stupid customer who ultimately pays.

Depends how many people sign up (1)

vistic (556838) | more than 10 years ago | (#8643676)

If enough people sign up for this... and the company continued to care at all about their customers... then if, at some time, the current model becomes obsolete, the company may offer some kind of resolution... such as carrying over the current registration to the new system... or if the company is taken over by a major corporation, and the product discontinued, there may be some reimbursement.

If enough people do it, then they will fear making them angry by just cutting it all off.

Aaaah (1)

Daath (225404) | more than 10 years ago | (#8643682)

As foretold by Nostradamus!

(Mad props to Futurama!)

Does your domain match your copyright? (1)

Rich Klein (699591) | more than 10 years ago | (#8643688)

After you get your snazzy new 100-year copyright you just won't be happy with your frumpy old 10-year domain name ownership. 100-year domain name ownership is the perfect accessory!

Physical lease (5, Informative)

gruntled (107194) | more than 10 years ago | (#8643694)

In the United States, long-term structural businesses leases -- typically for an office or shop in any structure from a one-story to a skyscraper -- top out at 99 years, oftentimes because of state law. For instance, Alabama limits leases to a maximum of 99 years. So the 100 year domain name extension is in line with that rule-of-thumb.

Will we even HAVE domain names in 100 years? (1)

4ginandtonics (455958) | more than 10 years ago | (#8643696)

In 100 years we'll probably address everything with brainwaves or someting.

I can see this working nicely (1)

Felinoid (16872) | more than 10 years ago | (#8643702)

If I had a kid (and I won't.. really my nightmares involve me having to deal with myself. I don't want a kid like me around)
I'd reg his name as a domain name and give it to him when he is able to maintain his own website.

Only I would never do business with thies guys.

My plesant dreams involve companys like this going under.

Now I can have nightmares where they go under and my kid asks me what happend to his domain name...

No thanks.. (1)

Seven001 (750590) | more than 10 years ago | (#8643705)

Things on the internet change so often over the course of a year that I never register / renew domains for any longer than 1 year. You never know when you can find a better price to renew your domain at.

anyone remember.... (1)

Rhubarb Crumble (581156) | more than 10 years ago | (#8643713)

..."Free email for life"?

used to be the standard advertising slogan for webmail - didn't help much when 90% of the webmail outfits went bust.

100 (or 99) year leases make sense only at government level - hong kong and macao were leased for 99 years, as is guantanamo bay (the agreement was done before the communists took power, but they honoured the deal).

The real problem. (1)

jellomizer (103300) | more than 10 years ago | (#8643714)

Well the real problem of having a domain name for a hundred years can be a loss to a community. Lets say a really good shopping name like idealgifts.com [friendlyhome.com] was purchased for a hundred years. This is quite possible because the company has been around for 50 years that it is pretty solid. But what happens if it goes out of business? Because the Domain is not costing the family of the old business anything why not keep it because it is a good domain name. So say an other company comes up and can really use that name. It will have to fight to obtain that name from the family probably paying a lot of extra money then they should or can because they are a startup. 100 year domain names are only good for squatters.

Obligatory SouthPark reference (2, Funny)

D4MO (78537) | more than 10 years ago | (#8643737)

Ladies and gentlemen this is Chewbacca. Chewbacca is a Wookiee from the planet Kashyyyk, but Chewbacca lives on the planet Endor. Now think about that. That does not make sense. Why would a Wookiee, an eight foot tall Wookiee want to live on Endor with a bunch of two foot tall Ewoks? That does not make sense!

Re:Obligatory SouthPark reference (0)

Anonymous Coward | more than 10 years ago | (#8643830)

to sleep with the natives,

it fills his paedophillic tendencies

A related question then. (1)

/dev/trash (182850) | more than 10 years ago | (#8643774)

I see some registars allow you to register for 10 years. It's just as conceiveable that those registers won't be around in 10 years either. So 100 years seems okay with me.

Ive finally solved the equation (1, Funny)

t_allardyce (48447) | more than 10 years ago | (#8643783)

1. Charge lots of money for a 100 year domain.
2. Know in your head your not really going to be around that long.
3. Profit.

companies dont last a century.. (1)

radja (58949) | more than 10 years ago | (#8643787)

>Is this is a realistic investment considering most companies don't last 100 years?

families last a century. and while a company can easily change names, this is a whole lot harder for a family.

Just another example... (1, Insightful)

jbarr (2233) | more than 10 years ago | (#8643795)

...of responsibility being removed from people's lives. Really, how tough is it to renew a domain? If you can't manage a simple task like regularly renewing your domain, you deserve to have it snagged away from you. It's all a matter of priorities. If you don't view your domain as something valuable then you deserve the consequenses of being irresponsible with managing it.

Oldest family firm (1)

{8_8} (31689) | more than 10 years ago | (#8643803)

A quick googling reveals this [nzherald.co.nz] . Long-term domain name registration could conceivably be marketed to companies like Kongo Gumi, although I'm sure that in the real world this service will be abused.

Why not? (3, Interesting)

joeszilagyi (635484) | more than 10 years ago | (#8643816)

All the companies offer you long-term registrations at a slight discount. Register for one year, it's $15. Register for five instead, and it's $12 a year. Small discount, convenience for everyone, but most people won't take the registrar up on it since most people for a personal domain won't drop $60 in such a fashion outright. This is why with most services like this--including hosting, cell phones, insurances, etc., that "Joe Normal" pays by the month while "The Business" will pay quarterly or annually. It's less of a hassle for the business and a tax write-off anyway.

So why not offer 20, 50, or 100 years at $12/year? I'm sure MANY businesses will leap at this, since it's the equivalent of guaranteed online trademark protection for your single most valuable asset, your domain name and online identity.

100years, realy relay stupid (1, Insightful)

Anonymous Coward | more than 10 years ago | (#8643821)

Let me see, what did we have 30 years ago? Oh, we didnt have the internet? The Arpanet might had been working? Did they have DNS? Not that I know off (I could be wrong). Who can guess who the world look like in a 100 years, for 15 years ago I still had my Amiga with 2400baud modem, calling BulletinBoardSystems. No BBS that I used to call is around anymore, the BBS Systems (software) people used is no longer around or hasnt been ported from Amiga to Linux. The internet totaly killed the BBS world. Why wouldnt the internet as it looks like today work totaly diffrent in say 30 years? Scotty, Beam me over!
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