nsndndkddk

Guess that is why bigger clouds cost more. Partly! No free lunch.

The thing your missing is ICANN is headquartered in the US. The US political situation is dire and I think this could be a real danger for the internet at large. We might end up with disagreeing DNS worldwide at some point. E.g. if you hold a domain and have a non-authorized viewpoint so your DNS entry gets snuffed.

But from a practical point of view a decentralised system should not rely on domain name ownership. Any computer can generate a private/public key pair, which is all you need for identify.

Not a real issue if you design for HA. E.g. servers are in different AZ. Replica storage etc.