> how does a web3 domain name solve the domain problem any better than just buying a domain?
Was that your question? The answer is simple: once you lease (ENS only works with leases, just like traditional domain registrars, so I'll void the term "buy") a web3 domain, there is no one that can unilaterally take it away from you.
> Ah, ok, so this is all in theory.
Not exactly. It's possible, but impractical. If you are willing to accept the really poor UX and the lack of general adoption, you could build such a system today.
> The answer is simple: once you lease (ENS only works with leases, just like traditional domain registrars, so I'll void the term "buy") a web3 domain, there is no one that can unilaterally take it away from you.
This is all in the context of someone who didn't pay their domain renewal, and so it lapsed a few weeks later. How would this system behave differently?
Was that your question? The answer is simple: once you lease (ENS only works with leases, just like traditional domain registrars, so I'll void the term "buy") a web3 domain, there is no one that can unilaterally take it away from you.
> Ah, ok, so this is all in theory.
Not exactly. It's possible, but impractical. If you are willing to accept the really poor UX and the lack of general adoption, you could build such a system today.