I haven't seen this idea anywhere, but it'd be great if Namecoin hindered domain squatters.
One way you could hinder them is geometrically increasing cost of registering additional domains from existing accounts.
Examples:
- Adam wants to set up his personal site. It costs him X to register.
- Bob wants to set up his personal site, and 3 hobby sites. It costs him X + 2X + 4X + 8X = 15X or (2^4 - 1)X.
- Carl the domain squatter wants to register 100 domains. It costs him (2^100 - 1)X. This could be defeated by changing Carl's business name, or other details, which creates extra hassles for him.
Edit: Didn't know that registering new accounts is near 0 effort. Guess that nixes this idea.
One way you could hinder them is geometrically increasing cost of registering additional domains from existing accounts.
Examples:
- Adam wants to set up his personal site. It costs him X to register.
- Bob wants to set up his personal site, and 3 hobby sites. It costs him X + 2X + 4X + 8X = 15X or (2^4 - 1)X.
- Carl the domain squatter wants to register 100 domains. It costs him (2^100 - 1)X. This could be defeated by changing Carl's business name, or other details, which creates extra hassles for him.
Edit: Didn't know that registering new accounts is near 0 effort. Guess that nixes this idea.