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Forget TLDs, Keep Dot Suffix and Move On (CircleID)

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I have been working on URL, Web address, ID's and Namespace since quite a long time and I have my reservations about the present set up being a complete network. generic Top-Level Domains (gTLDs), country codes (cc), .co are all complicating the network, add to that the problem of address shortage plus other problem mentioned in comments and blogs at CircleID.

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