Hi there,
I represent a large news publisher who is interested in registering our DNS on ENS.
Whilst running our legal team through the process, they were displeased to see that our domain had already been registered to a “.eth” address on ENS - quoting that ICANN and Nominet exist in .com and .co.uk instance to remove domains we own the rights of the brand for.
I’m aware that we cannot remove the license once held in the wallet, however ENS could prevent extension of the squatter contract if it mismatches from our DNS authenticated address.
Worked example:
mynewssite.com; wallet=xyz (authenticated via DNSSEC txt)
mynewssite.eth; wallet=abc (unauthenticated)
At point of expiration/renewal, only wallet xyz is able to complete the contract for mynewssite.eth; this is a notably simpler check than what exists with the DNSSEC check as I see it. Alternatively, you could use the DNSSEC process to validate .eth domain at point of renewal.
This ask exists because someone is squatting our domain for close to 1k ETH. It’s the opinion of our legal team that the average consumer may not appropriately understand the difference between the .com and .eth domains on ENS when looking to authenticate our wallet.
Please do not hesitate to reach out to me with any questions.
Cheers,
Adam