IIRC there was really little fanfare...este, discussion on that topic. It was later
on approved with little to no objection.
One "major" reason pointed out by some of those involved was to protect the
registrars from potential losses due to chargebacks and other fraud orders. I
don't recall if this is still applicable today, but people have up to 6 months or
so to dispute their credit card charges for a registration order.
That's what I remember, anyway. Anyone feel free to correct me where I'm
possibly wrong.
Not surprised many of them registrars are eyeing those premium domains. Why
shouldn't they?
Last I checked their site, ItsYourDomain doesn't offer any grace period after a
domain name expires. Then again, they charge a little more than what, say,
Go Daddy does, so really no point using them.
Adding an extra code to manage your domain names (e.g. change DNS) isn't
really a bad idea, although it is a PITA. Probably along something like what
Yahoo does (makes you re-enter your password before changing your details)
might be better for extra security.
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