Aug, 2001 : VeriSign Takes Aim At Domain Name Speculators


📅 - VeriSign's Global Registry Services division is clamping down on domain name registrars who have been clogging the company's infrastructure in an effort to beat the competition to expired domain names.
According to Internet news service Computerwire.com, the Internet services and security firm's servers have been slowed to a crawl because many registrars have been hogging the company's bandwidth while trying to purchase newly-expired domains.
VeriSign typically informs the more than 80 ICANN-accredited registrars of "soon to drop" domains five days before they are released. The company returns a block of names to the public domain at 6:30am EST each day, which causes a daily rush of registrars trying to snap up the domains.
Ron Wiener, Chief Executive of SnapNames, a company which helps consumers register expired domains, told Computerwire.com that VeriSign was likely being hit with continuous traffic overload because of registrars staying logged in to the company's systems in anticipation of the "daily drop." He theorized that many companies and speculators with authorized access to VeriSign's Shared Registration System (SRS), which allows registrars to register and manage domains, have been logging in earlier and earlier each day to get a leg up on the competition.
This has clogged things at VeriSign's end, forcing the company to limit each of the more than 80 ICANN-accredited registrars to only four concurrent connections. A VeriSign spokesperson told Computerwire.com that the four connections for each registrar will come from a pool of "several thousand."

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URL source: http://www.thewhir.com/marketwatch/verisign814.cfm
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