This could create an entirely new ecosystem within the currency itself. If I was JoeBobsBaitNTackle.com, I'd love to be able to purchase this alias if it's already taken up. The fear is someone just hoards the good names and it loses it's effectiveness.
If it's not a consideration, I understand. I just wanted to lay out a few thoughts.
5. Will there be some type of plugins for FireFox or IE to utilize the nxt alias:
Example: Candy links to www.myfavoritecandy.com
If not, will there be a custom browser that allows it?
4. It's by design to counteract cybersquatting.
5. All existing browsers will be supported via JavaScript code, but u can't do "type and go" without a plugin. Someone should create such plugins.
I understand and support mechanisms to stop cyber squatting. With that being said, I hope you consider other alternatives down the road to expand the system. While cybersquatting is an annoyance, giving people the ability to participate in free market exchange of registered names might also be an important factor for adoption.
Nothing prevents someone from coming in, registering all the nicks in this thread and basically shutting out options for other users. With the ability to sell names, at least the market can determine a fair price. As a truly decentralized currency, I would think the free market would outweigh the cybersquatting issues. Just my 2 cents.
Thank you for the reply, look forward to using this feature in the future.
I agree with the above....the more demand for an alias the more its value will increase so a decentralized market work very easily.
It would give another a reason for companies and individuals to use Nxt as a marketing tool thereby increasing real world usage.
If someone blocks a companies name then they would no recourse.