I see the value in ownership of decentralized domains names (as opposed to the current centralized system where one leases from a registrar).
I find the features of ENS domains to be on the right track, but the fact there are renewal fees means (in my opinion) you never really own the domain. Of course it has other problems too [1].
So obviously my preference would be something built on top of the bitcoin blockchain because that tech is rock solid. And I feel like I heard Shinobi make a passing comment in a podcast somewhere this type of system might work on bitcoin.
I am aware of the unstoppable domains and stacks projects, but my gut tells me those are centralized solutions that may not be successful long term. I have not seen much technical documentation/discussion on either (please point me in the right direct if there is).
So are there other bitcoin projects out there attempting this? Or in the long run are domains names going to become irrelevant for reasons I’m overlooking?