Richard Sexton shared a link.
21 November 2019 ·
Told ya.These guys make Netsol (who used to administer .org) look good.
Keep in mind ICANN took .org away from Netsol in case Netsol did something horrible.
It turns out ICANN has never ever done a single goddamn thing you can can call "good".
Internet world despairs as non-profit .org sold for $$$$ to private equity firm, price caps axed
THEREGISTER.CO.UK
https://www.theregister.com/2019/11/20/org_registry_sale_shambles/
Sale comes within months of DNS overseer pushing through controversial contract change
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7 comments Seen by 82
Gregory Seidman Time to replace ICANN and ISOC with decent stewards.

Richard Sexton 1) probably too late. they're entrenched now. 2) actually nothing forces any allegiance. In theory of evrybody primaried the root zone for themselves, icann would be irrelevant
Gregory Seidman ICANN and ISOC don't rule with the force of law but by convention and agreement. Any group can claim authority for root servers, and their success or lack thereof is entirely based on who accepts their authority. Yes, they are solidly entrenched and an attempt to change that may do more harm than good. I'd feel a lot more strongly if I felt that I were in a position to do something.

Richard Sexton Gregory Seidman There is no authority though. It's mere convention. We can do anything. Nobody will though, there's an institutional laziness about this. Plus it's the most corrupt part of the internet. The guy that invented the spreadsheet pointed out ICANN is a "rent extraction scheme that's 404'd haf the net". 1
Johnathan Vail are there alternate DNS roots and namespace?
Gregory Seidman https://en.wikipedia.org/wiki/Alternative_DNS_root...
EN.WIKIPEDIA.ORG
Alternative DNS root - Wikipedia

Richard Sexton Worth repeating:
Barry Shein: It's an interesting, I suppose, paradox.
PIR organizes as a public-spirited organization rather than for-profit.
One advantage is you have no shareholders (ok, one, ISOC), so avoid pressure to maximize value for its own sake and otherwise have to answer to shareholders (ok, one, ISOC.)
Then you use exactly that, no shareholders (ok, one, ISOC) to sell yourself to a private, for-profit equity firm without any need to answer to shareholders (ok, one, ISOC), or to risk various shareholder protection laws.
It really is a bit like killing your parents and then taking advantage of the fact that you're an orphan.
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