Evolution of Domain Name Speculation
Domain name speculation has evolved in parallel with the domain name system. In the early 1990s, the web and internet access were not as prominent as they are today. Domain names were still being registered, however, even though the focus was almost entirely on business. At that time much of the ccTLD landscape had yet to appear, and the growing public awareness of COM TLD was gathering momentum owing to the growth of the Dot-com bubble. This inevitably attracted the attention of those who saw potential value in domain names, and by this time many of the most valuable generic domain names like sex.com and business.com had been registered. The problem was that there was no clear legal position on what was purely domain name speculation and what was cybersquatting. The open nature of the TLDs meant that anyone could effectively register any domain name. This led to the development of the Uniform Domain-Name Dispute-Resolution Policy in 1999.
Read more about this topic: Domain Name Speculation
Famous quotes containing the words evolution of, evolution, domain and/or speculation:
“The evolution of sense is, in a sense, the evolution of nonsense.”
—Vladimir Nabokov (1899–1977)
“As a natural process, of the same character as the development of a tree from its seed, or of a fowl from its egg, evolution excludes creation and all other kinds of supernatural intervention.”
—Thomas Henry Huxley (1825–95)
“No domain of nature is quite closed to man at all times.”
—Henry David Thoreau (1817–1862)
“When speculation has done its worst, two and two still make four.”
—Samuel Johnson (1709–1784)