WEBVTT - Verisign and the .com Top Level Domain

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<v Speaker 1>Welcome to tech Stuff, a production from iHeartRadio. Hey there,

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<v Speaker 1>and welcome to tech Stuff. I'm your host, Jonathan Strickland.

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<v Speaker 1>I'm an executive producer with iHeart Podcasts and how the

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<v Speaker 1>tech are you. Recently here in the United States, Senator

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<v Speaker 1>Elizabeth Warren and Congressman Jerry Nadler have called for an

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<v Speaker 1>investigation into a company called VeriSign. So why did they

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<v Speaker 1>do that? Well, they say that VeriSign has engaged in

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<v Speaker 1>predatory pricing their words. And what is VeriSign's business, Well,

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<v Speaker 1>among other things, vera sign is the one and only

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<v Speaker 1>entity acting as a registry for some top level domain names,

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<v Speaker 1>and we're going to break all that down so that

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<v Speaker 1>it's easier to parse. But let me preface this by

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<v Speaker 1>saying this is complicated stuff, not just technically, but from

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<v Speaker 1>like an organizational perspective. This is really complex and there's

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<v Speaker 1>gonna be a lot of talk about the responsibilities of

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<v Speaker 1>a registry in this episode and how things have kind

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<v Speaker 1>of shifted around since the days of arpenet into the Internet.

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<v Speaker 1>So what I'm saying is that there's a lot more

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<v Speaker 1>to this than what I'm going to cover. In fact,

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<v Speaker 1>I'm not even going to get into things like the

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<v Speaker 1>DNS wars or the Root Registry wars, or any of

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<v Speaker 1>that stuff, because it would require a full series of

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<v Speaker 1>episodes all by themselves. So if what I'm talking about

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<v Speaker 1>today is interesting to you and you want to learn more,

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<v Speaker 1>let me tell you there is a wealth of information online.

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<v Speaker 1>You can just do some searching around for things like

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<v Speaker 1>DNS wars, for example, and learn all about how people

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<v Speaker 1>were trying to establish standards in price. This is, you know,

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<v Speaker 1>before you actually arrive at standards and practices, it can

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<v Speaker 1>be a little bit like the wild West out there,

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<v Speaker 1>and that was certainly the case with early organization of

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<v Speaker 1>information on the Internet infrastructure. But let's talk about devices

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<v Speaker 1>and names now. The naming of computers is a difficult matter.

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<v Speaker 1>It isn't just one of your holiday games. You may

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<v Speaker 1>think at first, I'm as mad as a hatter when

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<v Speaker 1>I tell you a computer as a name that's really

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<v Speaker 1>a bunch of numbers. You know. I was really going

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<v Speaker 1>to try and channel ts Elliott through the whole episode,

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<v Speaker 1>but it kind of fell off quickly there, So I

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<v Speaker 1>guess there goes my chance of having this episode be

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<v Speaker 1>turned into a musical by Androloid Weber. But yeah, in

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<v Speaker 1>the early days of arpinnet, when a bunch of computer

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<v Speaker 1>scientists were kind of sussing out how to create a

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<v Speaker 1>system in which different computers would be able to communicate

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<v Speaker 1>with one another and send and receive files and all

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<v Speaker 1>that kind of stuff. One of the many challenges required

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<v Speaker 1>that each computer have a unique name or address assigned

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<v Speaker 1>to it. Otherwise you would have to rely on maybe

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<v Speaker 1>a direct computer to computer connection to send information from

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<v Speaker 1>computer A to computer B. And that works if you're

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<v Speaker 1>just talking about two computers. Right, If you just need

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<v Speaker 1>to directly connect two machines together, no big deal. I mean,

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<v Speaker 1>it is a big deal. But you could do that.

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<v Speaker 1>You could create a physical connection and create standards that

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<v Speaker 1>would allow one computer to talk to another. Keep in mind,

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<v Speaker 1>different computers communicate in very different ways, so you'd have

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<v Speaker 1>to kind of build a translator in on either side

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<v Speaker 1>so that the computers could understand the information being sent

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<v Speaker 1>back and forth. But more than that, if you add

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<v Speaker 1>more computers to this, so that you don't just have

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<v Speaker 1>computer A and B, but you have C through Z

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<v Speaker 1>and then all the numbers, well you get into a

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<v Speaker 1>system that's far more complicated. Right. You can't just directly

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<v Speaker 1>connect Computer A to all five thousand other machines that

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<v Speaker 1>are on the network. That would be impossible. You would

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<v Speaker 1>just have a massive cables that would be a real

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<v Speaker 1>tripping hazard if nothing else, Plus where would you plug

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<v Speaker 1>them all into. So sooner or later, you're going to

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<v Speaker 1>have a huge mess on your hands that needs to

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<v Speaker 1>be solved through some other means. And thus it makes

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<v Speaker 1>more sense to create an infrastructure in which each computer

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<v Speaker 1>has a unique name or address. So if Computer one

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<v Speaker 1>wants to talk to Computer five hundred, will both computers

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<v Speaker 1>have their own unique addresses, and that facilitates this connection

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<v Speaker 1>between the two, so that Computer one is communicating only

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<v Speaker 1>with Computer five hundred and not just blasting out information

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<v Speaker 1>to four hundred ninety nine machines only one of which

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<v Speaker 1>actually is relevant. You don't want it to be a

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<v Speaker 1>party line. So those unique addresses would allow this to happen.

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<v Speaker 1>And computers two through four hundred ninety nine plus anything

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<v Speaker 1>above five hundred one or five oh one. And further,

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<v Speaker 1>none of those are going to accidentally get the information

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<v Speaker 1>meant to just go between these other two computers one

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<v Speaker 1>in five hundred. So I'm not going to dwell too

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<v Speaker 1>much on the old NCP days. NCP stands for Network

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<v Speaker 1>Control Protocol. That is a topic that will require a

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<v Speaker 1>deeper dive in itself in order to talk about network infrastructure.

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<v Speaker 1>But it's a predecessor to what we have today. So instead,

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<v Speaker 1>let's turn our attention to an approach that would succeed

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<v Speaker 1>the old NCP rules, and that would be TCP IP.

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<v Speaker 1>We usually write that as TCP slash IP. These are

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<v Speaker 1>two sets of rules that are the Transmission Control Protocol

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<v Speaker 1>and the Internet protocol. Remember, protocol is really just a

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<v Speaker 1>fancy word to say rule set. This is the process,

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<v Speaker 1>the rules that you follow in order to achieve whatever

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<v Speaker 1>the thing is you're trying to achieve. Now, the transmission

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<v Speaker 1>control protocol is incredibly important. This is where we get

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<v Speaker 1>into stuff like packet switching with you know, headers and

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<v Speaker 1>error checking and all that kind of stuff. The basic

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<v Speaker 1>functionality that allows Internet traffic to work as it does.

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<v Speaker 1>So instead of sending, say an enormous file all in

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<v Speaker 1>one big chunk, you divide it up into packets, which

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<v Speaker 1>makes it far easier to deliver to your destination even

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<v Speaker 1>if a pathway shuts down. So, like let's say that

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<v Speaker 1>you have a route planned where the information is going

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<v Speaker 1>from computer one to computer five hundred, but then one

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<v Speaker 1>of the computers along that route shuts off. Well, if

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<v Speaker 1>you're sending one big file and it hasn't finished transferring yet,

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<v Speaker 1>then you've got errors, you've got an incomplete file. You're

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<v Speaker 1>gonna have to start all over again. If you divide

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<v Speaker 1>that file into lots of teeny tiny little packets and

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<v Speaker 1>you send all those packets across the network, and not

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<v Speaker 1>all of them are taking the same path. They're all

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<v Speaker 1>going to the same destination, but they're taking different ways

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<v Speaker 1>to get there, then it's far more likely that all

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<v Speaker 1>that information is going to arrive at its destination and

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<v Speaker 1>get reassembled into whatever the original fileile was. That's the

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<v Speaker 1>basics of how internet transfers work. But we're more interested

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<v Speaker 1>in focusing on the other set of rules, the IP,

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<v Speaker 1>the Internet protocol. These are the rules that involve attaching

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<v Speaker 1>addresses to information so that the system can tell where

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<v Speaker 1>the information is coming from and where it is going to.

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<v Speaker 1>It's kind of like the physical postal address that you

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<v Speaker 1>would put on a piece of mail so that the

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<v Speaker 1>post service could accurately deliver your letter, or in the

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<v Speaker 1>event that it's undeliverable could return the letter to you.

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<v Speaker 1>You know, like, if it turns out the address your

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<v Speaker 1>grandma gave you was fake and she's currently on the

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<v Speaker 1>run from the authorities, I might be projecting a little here.

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<v Speaker 1>Stay safe, Grandma. While the first part of tcp IP

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<v Speaker 1>published way back in nineteen seventy four, the IP address

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<v Speaker 1>stuff doesn't really come into play for another decade, mostly

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<v Speaker 1>because it took years to establish a stable version of

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<v Speaker 1>TCPIP that was reliable enough to reply the older NCP rules.

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<v Speaker 1>These things aren't like an overnight switch. As it turns out,

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<v Speaker 1>this included the creation of IP addresses, something that I'm

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<v Speaker 1>sure you have heard about. The original set of rules

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<v Speaker 1>for addresses came about with IPv four, and those involved

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<v Speaker 1>a thirty two bit address. That means that the IPv

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<v Speaker 1>four could represent nearly four point three billion different addresses,

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<v Speaker 1>but I should add that lots of addresses were withheld

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<v Speaker 1>for various reasons. Also, four point three billion wouldn't be

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<v Speaker 1>enough addresses. It was clear that while it was more

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<v Speaker 1>than sufficient for the arpinet days and the early Internet days,

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<v Speaker 1>over time we would eventually run out of addresses to

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<v Speaker 1>assign to devices, and we would need a different solution

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<v Speaker 1>that ultimately would arrive with IPv six, but again, that's

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<v Speaker 1>another topic for a different time. The IPv four address

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<v Speaker 1>format consists of four numbers, and each number is separated

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<v Speaker 1>from the others by a period. Each number could range

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<v Speaker 1>between zero and two hundred and fifty five. Each set

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<v Speaker 1>of numbers is an octet, which means it is made

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<v Speaker 1>up of eight bits or a byte of information, so

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<v Speaker 1>you get four bytes or thirty two bits total. Viola,

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<v Speaker 1>I'm sorry, voila. Gotta just refer to that in my

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<v Speaker 1>notes here. The address can also be thought of as

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<v Speaker 1>two parts. One part represents the network prefix and the

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<v Speaker 1>other part is the host number. So the network prefix

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<v Speaker 1>would be the same for all devices connected to the

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<v Speaker 1>Internet through that same network. The host numbers would be

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<v Speaker 1>unique to the individual devices connected to that network. Also,

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<v Speaker 1>if the device is only visible to the local network,

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<v Speaker 1>it could have a locally unique number that potentially isn't

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<v Speaker 1>globally unique. That means some other device somewhere else on

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<v Speaker 1>the Internet could have that same address. Now, if the

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<v Speaker 1>device is visible to the world at large, then it

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<v Speaker 1>needs its own unique number or else than there's confusion

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<v Speaker 1>because you would have more than one device with the

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<v Speaker 1>same address, which would be kind of like if someone

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<v Speaker 1>in your town somehow has the same address as you,

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<v Speaker 1>but lives in a different part of town entirely. Like

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<v Speaker 1>let's say there's for some reason, two different Oak Streets

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<v Speaker 1>and they have similar numbering conventions for the houses, and

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<v Speaker 1>you live in one twenty three Oak Street on one

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<v Speaker 1>side of town, and someone else lives in one twenty

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<v Speaker 1>three Oak Street on the other side of town, and

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<v Speaker 1>you both would end up getting mail for each other

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<v Speaker 1>on a pretty frequent basis. That would be the same issue.

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<v Speaker 1>So you have to have unique addresses otherwise the whole

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<v Speaker 1>function of the Internet starts to break down. Now, the

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<v Speaker 1>IPv four approach was great and that it made it

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<v Speaker 1>possible for machines to connect to other specific machines across

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<v Speaker 1>a network of networks, which is what the Internet is.

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<v Speaker 1>But while machines could do this fairly simply, it was

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<v Speaker 1>a real bear for human beings because you know, remembering

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<v Speaker 1>a sequence of four numbers for everything that you want

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<v Speaker 1>to send mail to or you want to go visit

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<v Speaker 1>a website on the World Wide Web, that would be

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<v Speaker 1>a huge headache, right, Like, what was this one, two, seven,

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<v Speaker 1>dot like it would just be a nightmare. So what

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<v Speaker 1>was needed was a means to translate those numbers into

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<v Speaker 1>some other format, a format that would be much easier

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<v Speaker 1>for human beings to work with. And thus we enter

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<v Speaker 1>the concept of domain names, which were created as part

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<v Speaker 1>of the Domain Name System, which came into being around

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<v Speaker 1>nineteen eighty three or so. The domain name system would

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<v Speaker 1>allow users to rely on addresses made up of words

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<v Speaker 1>and letters instead of seemingly random numbers. The machines are

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<v Speaker 1>still communicating through numbers. The domain names and addresses are

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<v Speaker 1>just a layer that's easier for humans to work with,

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<v Speaker 1>kind of like programming languages, same sort of thing. It's

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<v Speaker 1>a level of abstraction that's easier for us to handle

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<v Speaker 1>than if we get down to the actual machine code.

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<v Speaker 1>And so there was already precedents for this kind of

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<v Speaker 1>approach using something that humans can work with. Machines can't

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<v Speaker 1>natively work with that format, but you can have it

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<v Speaker 1>interact or relate to machine code or in this case,

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<v Speaker 1>IP addresses that would allow for machines to be able

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<v Speaker 1>to actually make sense of the information. So those domain

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<v Speaker 1>names and addresses, it's just a layer, and each of

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<v Speaker 1>those corresponds to a numeric address. The domains themselves have

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<v Speaker 1>multiple parts. Now, one of those parts is what we

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<v Speaker 1>call the top level domain or TLD. This is what

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<v Speaker 1>we're concerned with when it comes to VeriSign. The TLD

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<v Speaker 1>is the extension that follows the dot at the end

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<v Speaker 1>of a basic URL. So, for example, years ago, I

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<v Speaker 1>wrote for the website HowStuffWorks dot Com. Well, that dot

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<v Speaker 1>com part is the top level domain. The comm stands

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<v Speaker 1>for commercial, and the dot com domain was meant for

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<v Speaker 1>commercial organization. It's also far and away the most popular

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<v Speaker 1>of the top level domains. The house stuff Works bit

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<v Speaker 1>of the address would be what we would call a

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<v Speaker 1>second level domain. The www bit at the beginning of

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<v Speaker 1>the web URL would be a subdomain. But it's the

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<v Speaker 1>top level domains we're really concerned about when we're talking

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<v Speaker 1>about vera sign. So we'll talk more about what that

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<v Speaker 1>means in just a moment, But first let's take a

0:13:28.360 --> 0:13:40.960
<v Speaker 1>quick break to thank our sponsors. All right, So, in

0:13:41.080 --> 0:13:43.920
<v Speaker 1>order to get a domain for a website, you have

0:13:43.960 --> 0:13:49.200
<v Speaker 1>to purchase your domain from a registrar. Registrars are the

0:13:49.559 --> 0:13:55.160
<v Speaker 1>companies responsible for selling and assigning a domain to a customer.

0:13:55.360 --> 0:13:59.079
<v Speaker 1>So if you want a top level domain where your

0:13:59.080 --> 0:14:03.800
<v Speaker 1>top level domain is, well, ultimately your registrar has to

0:14:03.800 --> 0:14:07.800
<v Speaker 1>get that from a registry. These are two different services,

0:14:08.080 --> 0:14:13.280
<v Speaker 1>they're similar, and in fact VeriSign itself historically has operated

0:14:13.320 --> 0:14:17.800
<v Speaker 1>as both, though that changed many years ago. At this point,

0:14:17.840 --> 0:14:22.960
<v Speaker 1>we'll get to that. So if you wanta dot com domain, ultimately,

0:14:23.200 --> 0:14:26.360
<v Speaker 1>once you go up the chain, the supply chain for

0:14:26.760 --> 0:14:30.560
<v Speaker 1>domain names, VeriSign is the stopping point for that. VeriSign

0:14:30.680 --> 0:14:37.440
<v Speaker 1>is the only company that ultimately oversees the registration of

0:14:37.560 --> 0:14:41.200
<v Speaker 1>dot com domains. So how did that happen? How is

0:14:41.240 --> 0:14:45.480
<v Speaker 1>it that a single company became the gatekeeper for the

0:14:45.640 --> 0:14:48.760
<v Speaker 1>dot com TLD. Well, we've got a lot more history

0:14:48.800 --> 0:14:51.080
<v Speaker 1>to get through before we can actually answer that, because

0:14:51.120 --> 0:14:54.600
<v Speaker 1>this is complicated stuff, and this history also gets a

0:14:54.600 --> 0:14:57.000
<v Speaker 1>bit fuzzy because in real life it could be hard

0:14:57.040 --> 0:15:00.040
<v Speaker 1>to point out a firm date and say definitively this

0:15:00.240 --> 0:15:04.680
<v Speaker 1>is when it began. But let's try and muddle our

0:15:04.720 --> 0:15:08.320
<v Speaker 1>way through this. So the DNS, the domain name system,

0:15:08.600 --> 0:15:12.520
<v Speaker 1>becomes a thing around nineteen eighty three, a decade before

0:15:12.560 --> 0:15:14.840
<v Speaker 1>most folks would even have heard of the Internet at

0:15:14.840 --> 0:15:17.320
<v Speaker 1>that point, Because I would argue it was the World

0:15:17.360 --> 0:15:19.800
<v Speaker 1>Wide Web that introduced a lot of people to the

0:15:19.840 --> 0:15:22.400
<v Speaker 1>concept of the Internet, so much so that for a

0:15:22.400 --> 0:15:25.720
<v Speaker 1>lot of folks the two are synonymous, although the World

0:15:25.720 --> 0:15:28.480
<v Speaker 1>Wide Web is just one set of services that exists

0:15:28.600 --> 0:15:32.840
<v Speaker 1>on top of the Internet. Before the DNS, engineers working

0:15:32.920 --> 0:15:36.120
<v Speaker 1>on ARPINET had established a sort of catalog to keep

0:15:36.160 --> 0:15:40.800
<v Speaker 1>track of network infrastructure, sockets, addresses, and other words. John

0:15:40.880 --> 0:15:44.680
<v Speaker 1>Postel and Joyce K Reynolds were chiefly responsible for keeping

0:15:44.720 --> 0:15:49.160
<v Speaker 1>track of IP addresses from the earliest days, which is

0:15:49.240 --> 0:15:51.760
<v Speaker 1>pretty wild because this was just kind of a side

0:15:51.880 --> 0:15:56.120
<v Speaker 1>quest to their main responsibilities. It wasn't their job to

0:15:56.200 --> 0:15:58.800
<v Speaker 1>do this, they did it in addition to their jobs.

0:15:59.200 --> 0:16:03.800
<v Speaker 1>Somewhat orally, a department that ultimately became known as the

0:16:03.840 --> 0:16:09.040
<v Speaker 1>Internet Assigned Numbers Authority or IANA would start to take

0:16:09.160 --> 0:16:13.600
<v Speaker 1>form now according to various RFCs, which stands for Request

0:16:13.640 --> 0:16:17.640
<v Speaker 1>for Comments. RFCs are in large part the documentation the

0:16:17.760 --> 0:16:21.880
<v Speaker 1>historical documents that help us keep track of how the

0:16:22.360 --> 0:16:26.840
<v Speaker 1>Internet gradually took shape, and they are hard to follow

0:16:27.280 --> 0:16:30.400
<v Speaker 1>if you're not an engineer, and I'm not. They are

0:16:30.840 --> 0:16:33.920
<v Speaker 1>a challenge to follow because they weren't necessarily written to

0:16:34.040 --> 0:16:39.600
<v Speaker 1>be like a historical documentation, they were an ongoing discussion

0:16:39.680 --> 0:16:43.080
<v Speaker 1>among the various people working on the systems to keep

0:16:43.200 --> 0:16:47.840
<v Speaker 1>up with what's going on and to share developments. Anyway,

0:16:48.320 --> 0:16:51.720
<v Speaker 1>the first appearance of ia in A in an RFC

0:16:51.840 --> 0:16:55.280
<v Speaker 1>documentation was somewhere in the late nineteen eighties. But those

0:16:55.400 --> 0:16:59.480
<v Speaker 1>very same documents that mention ia in a by name

0:16:59.640 --> 0:17:03.400
<v Speaker 1>for the time say essentially that the department, or the

0:17:03.400 --> 0:17:07.000
<v Speaker 1>functions at least were as old as arpinnet itself. The

0:17:07.040 --> 0:17:10.000
<v Speaker 1>engineers just hadn't documented an official name for it for

0:17:10.080 --> 0:17:13.800
<v Speaker 1>a couple of decades now. In addition to Postel's work,

0:17:14.600 --> 0:17:19.000
<v Speaker 1>an engineer named Elizabeth Feinler developed a directory of numerical

0:17:19.080 --> 0:17:21.760
<v Speaker 1>addresses reference through a list of host names and a

0:17:21.800 --> 0:17:27.720
<v Speaker 1>document titled hosts dot txt. Feindler would manually add host

0:17:27.800 --> 0:17:32.439
<v Speaker 1>names and their assigned numeric addresses to the directory, and

0:17:32.920 --> 0:17:35.879
<v Speaker 1>it was Feinler's department that gradually developed the idea for

0:17:35.960 --> 0:17:38.400
<v Speaker 1>domain names to make it easier for humans to work

0:17:38.440 --> 0:17:41.879
<v Speaker 1>with the system instead of having to do this cross referencing,

0:17:42.040 --> 0:17:44.840
<v Speaker 1>where you know, you look up a host name, like

0:17:44.920 --> 0:17:48.040
<v Speaker 1>you know what host name you want to send information to,

0:17:48.320 --> 0:17:49.879
<v Speaker 1>so you look it up in this directory so you

0:17:49.880 --> 0:17:52.359
<v Speaker 1>can find the IP address you need to use in

0:17:52.440 --> 0:17:56.000
<v Speaker 1>order to send the information there. Well, that's already complicated

0:17:56.119 --> 0:17:58.400
<v Speaker 1>enough just on its own, but it was getting far

0:17:58.480 --> 0:18:03.199
<v Speaker 1>more complicated as more machines were joining the network. You know,

0:18:03.280 --> 0:18:05.959
<v Speaker 1>each time a new machine joins the network, it adds

0:18:06.000 --> 0:18:09.879
<v Speaker 1>to the complexity of the overall system. That complexity would

0:18:09.920 --> 0:18:14.120
<v Speaker 1>grow considerably throughout the nineteen eighties and nineteen nineties. Now,

0:18:14.160 --> 0:18:18.439
<v Speaker 1>for a long time, those machines joining the networks were

0:18:18.560 --> 0:18:25.240
<v Speaker 1>either from research institutions, universities and colleges, or government agencies,

0:18:25.240 --> 0:18:28.080
<v Speaker 1>including the military, And in fact, the military and large

0:18:28.119 --> 0:18:31.399
<v Speaker 1>part was funding a lot of the work going into this.

0:18:31.800 --> 0:18:36.000
<v Speaker 1>Keep in mind, you know, ARPINET started as a defense project,

0:18:36.200 --> 0:18:39.320
<v Speaker 1>right DARPA what is today called DARPA. Back in the day,

0:18:39.359 --> 0:18:41.760
<v Speaker 1>it was called ARPA. So it all started as a

0:18:41.800 --> 0:18:45.520
<v Speaker 1>defense thing, and for the longest time, the government oversaw stuff.

0:18:45.600 --> 0:18:50.040
<v Speaker 1>But gradually that would start to shift as more, you know,

0:18:50.440 --> 0:18:54.040
<v Speaker 1>non government folks were starting to get involved in the network.

0:18:54.359 --> 0:18:58.439
<v Speaker 1>John Postel continued to oversee the process of assigning names

0:18:58.480 --> 0:19:02.119
<v Speaker 1>and addresses up to the late nineteen nineties, which is

0:19:02.119 --> 0:19:04.720
<v Speaker 1>pretty phenomenal because by then you're getting into the dot

0:19:04.760 --> 0:19:09.240
<v Speaker 1>com days. But around ninety seven, the United States government

0:19:09.320 --> 0:19:15.200
<v Speaker 1>stepped in. The National Telecommunications and Information Administration or NTIA

0:19:15.280 --> 0:19:17.760
<v Speaker 1>we'll talk about them later, which itself is part of

0:19:17.760 --> 0:19:20.720
<v Speaker 1>the US Department of Commerce, sought to create a new

0:19:20.840 --> 0:19:25.280
<v Speaker 1>nonprofit organization that would oversee functions such as assigning DNS

0:19:25.320 --> 0:19:28.640
<v Speaker 1>addresses and that kind of thing. In late nineteen ninety eight,

0:19:28.920 --> 0:19:33.200
<v Speaker 1>it created the Internet Corporation for Assigned Names and Numbers

0:19:33.320 --> 0:19:37.680
<v Speaker 1>or ICON i CAN if you prefer ICA n N.

0:19:38.080 --> 0:19:44.800
<v Speaker 1>Now i CAN assumed the responsibility of overseeing the DNS

0:19:45.119 --> 0:19:49.600
<v Speaker 1>functions of IANA IAANA. So lots of acronyms in this too.

0:19:49.600 --> 0:19:52.119
<v Speaker 1>I'm apologizing for that, but you know I wasn't the

0:19:52.119 --> 0:19:54.720
<v Speaker 1>one who came up with him. So John Postel was

0:19:55.200 --> 0:19:58.119
<v Speaker 1>meant to be the chief technology officer for i CAN,

0:19:58.359 --> 0:20:01.720
<v Speaker 1>but sadly he passed away following a surgical procedure and

0:20:01.800 --> 0:20:06.240
<v Speaker 1>he died about a month after i CAN was first incorporated. Okay,

0:20:06.320 --> 0:20:09.359
<v Speaker 1>but now we have to talk about another organization that

0:20:09.520 --> 0:20:11.920
<v Speaker 1>was operating at the same time as all the stuff

0:20:11.960 --> 0:20:14.800
<v Speaker 1>I just mentioned. This is where Elizabeth Feindler comes back

0:20:14.800 --> 0:20:18.280
<v Speaker 1>into it, and this would be the Network Information Center

0:20:18.800 --> 0:20:23.840
<v Speaker 1>the NIC or NICK, later known as INTERNICK. This organization

0:20:23.920 --> 0:20:27.080
<v Speaker 1>grew out of the Stanford Research Institute, which is now

0:20:27.119 --> 0:20:30.879
<v Speaker 1>known as SRI International. And I'm just going to refer

0:20:30.960 --> 0:20:33.800
<v Speaker 1>to it as INTERNICK as a matter of convenience, but

0:20:33.840 --> 0:20:37.000
<v Speaker 1>it actually didn't get that name until like the nineteen nineties.

0:20:37.160 --> 0:20:39.119
<v Speaker 1>I'm just going to use that name rather than switching

0:20:39.160 --> 0:20:40.960
<v Speaker 1>back and forth because we're already going to have so

0:20:41.000 --> 0:20:44.280
<v Speaker 1>many different names and acronyms in this and initialisms. So

0:20:44.680 --> 0:20:47.880
<v Speaker 1>internick was kind of like a reference library. It maintained

0:20:47.880 --> 0:20:50.760
<v Speaker 1>a directory of address numbers and published them to the

0:20:50.800 --> 0:20:55.359
<v Speaker 1>network at large, and it handled actual registration requests. So

0:20:55.600 --> 0:20:59.880
<v Speaker 1>this was Elizabeth Feindler's group. Stanford oversaw Internet until night

0:20:59.840 --> 0:21:04.720
<v Speaker 1>teen ninety one, and at that point the department changed hands.

0:21:05.119 --> 0:21:08.680
<v Speaker 1>And this is bringing us ever closer to VERI sign.

0:21:08.720 --> 0:21:12.080
<v Speaker 1>We're not there yet, but we're getting closer. So the

0:21:12.160 --> 0:21:16.520
<v Speaker 1>company that would take over Internet in nineteen ninety one

0:21:16.720 --> 0:21:21.040
<v Speaker 1>was called Network Solutions. Now, technically the US government gave

0:21:21.080 --> 0:21:24.800
<v Speaker 1>the job of overseeing Internet to another company called Government

0:21:24.840 --> 0:21:29.000
<v Speaker 1>Systems Incorporated, But then Government Systems turned around and subcontracted

0:21:29.040 --> 0:21:32.440
<v Speaker 1>the work to Network Solutions. This is a great business

0:21:32.440 --> 0:21:34.080
<v Speaker 1>to get in. By the way, if you can be

0:21:34.119 --> 0:21:38.520
<v Speaker 1>a business that lands huge contracts and then you subcontract

0:21:38.600 --> 0:21:42.320
<v Speaker 1>that work to someone else and you just keep the difference, man,

0:21:42.480 --> 0:21:46.040
<v Speaker 1>what a racket. Not saying that government systems was a racket,

0:21:46.040 --> 0:21:50.000
<v Speaker 1>but golly sure, I sure could get into that biz anyway.

0:21:50.040 --> 0:21:53.160
<v Speaker 1>So Network Solutions got its start in nineteen seventy nine

0:21:53.280 --> 0:21:56.000
<v Speaker 1>as a consulting company in the tech sector, and in

0:21:56.080 --> 0:21:58.919
<v Speaker 1>nineteen ninety three it won a bid to become the

0:21:59.040 --> 0:22:04.400
<v Speaker 1>exclusive register nation services provider for non military entities wishing

0:22:04.440 --> 0:22:07.800
<v Speaker 1>to register a domain on the Internet. It won this

0:22:07.920 --> 0:22:12.400
<v Speaker 1>bid by being using by following a very very sound strategy,

0:22:12.520 --> 0:22:15.800
<v Speaker 1>being the only company that actually bid for the gig. Now,

0:22:15.840 --> 0:22:18.480
<v Speaker 1>this meant that Network Solutions was the one and only

0:22:18.640 --> 0:22:21.160
<v Speaker 1>place someone could go to if they wanted to register

0:22:21.359 --> 0:22:25.040
<v Speaker 1>a TLD that was in the dot org, dot net

0:22:25.080 --> 0:22:30.280
<v Speaker 1>and dot com categories. Network Solutions had a monopoly on

0:22:30.359 --> 0:22:33.520
<v Speaker 1>that business. Now, I call it a business, but in truth,

0:22:33.600 --> 0:22:37.000
<v Speaker 1>at the time it wasn't really a business because Network

0:22:37.040 --> 0:22:41.159
<v Speaker 1>Solutions was not allowed to charge for domain name registrations.

0:22:41.840 --> 0:22:46.080
<v Speaker 1>Yet it was still a free service ultimately provided by

0:22:46.080 --> 0:22:51.000
<v Speaker 1>the government, so the government was essentially paying this company

0:22:51.040 --> 0:22:54.439
<v Speaker 1>Government Systems, which in turn was paying Network Solutions to

0:22:54.600 --> 0:22:59.680
<v Speaker 1>oversee this process. But they weren't turning people into customers.

0:22:59.720 --> 0:23:03.680
<v Speaker 1>They were providing a service for free that was government funded.

0:23:04.119 --> 0:23:09.240
<v Speaker 1>In nineteen ninety five, another company called Science Applications International

0:23:09.280 --> 0:23:13.760
<v Speaker 1>Corporation or SAIC, or as I prefer to call them, PSYCH,

0:23:14.680 --> 0:23:18.840
<v Speaker 1>they acquired Network Solutions for four point seven million dollars.

0:23:19.440 --> 0:23:23.600
<v Speaker 1>Keep that number in mind, because holy cats, will that

0:23:24.080 --> 0:23:27.919
<v Speaker 1>be a world of difference in just five years. Further

0:23:28.000 --> 0:23:32.280
<v Speaker 1>into this history, not long after PSYCH took over control

0:23:32.440 --> 0:23:38.400
<v Speaker 1>of Network Solutions, the National Science Foundation or NSF, gave

0:23:38.560 --> 0:23:42.399
<v Speaker 1>PSYCH and therefore Network Solutions, the power to charge a

0:23:42.520 --> 0:23:47.080
<v Speaker 1>fee for registering domain names. This is where things start

0:23:47.119 --> 0:23:50.479
<v Speaker 1>to shift, where now it is a business. Before it

0:23:50.520 --> 0:23:52.840
<v Speaker 1>was a service that was government funded. Now it's a

0:23:52.880 --> 0:23:56.560
<v Speaker 1>business where Network Solutions can charge a fee in order

0:23:56.600 --> 0:23:59.920
<v Speaker 1>to register a domain name to customers. Not at that point,

0:24:00.160 --> 0:24:03.520
<v Speaker 1>Network Solutions began to charge applicants a one hundred dollars

0:24:03.760 --> 0:24:06.439
<v Speaker 1>and for one hundred dollars you could register a domain

0:24:06.520 --> 0:24:09.520
<v Speaker 1>name for a period of two years, and after two

0:24:09.600 --> 0:24:12.879
<v Speaker 1>years you would need to renew your registration. Thirty percent

0:24:13.000 --> 0:24:16.200
<v Speaker 1>of the fee that Network Solutions charged would end up

0:24:16.240 --> 0:24:19.800
<v Speaker 1>going to the National Science Foundation in SF to help

0:24:20.040 --> 0:24:24.200
<v Speaker 1>fund other services. But this rubbed people the wrong way

0:24:24.680 --> 0:24:28.679
<v Speaker 1>because it was a single service provider. Here there was

0:24:28.720 --> 0:24:32.200
<v Speaker 1>no competition. You couldn't go anywhere else to register a

0:24:32.320 --> 0:24:37.520
<v Speaker 1>top level domain URL or address. So in nineteen ninety

0:24:37.560 --> 0:24:40.880
<v Speaker 1>seven a lawsuit argued that Network Solutions was in fact

0:24:41.000 --> 0:24:45.440
<v Speaker 1>a monopoly and because thirty percent of the fees being

0:24:45.480 --> 0:24:48.480
<v Speaker 1>paid to Network Solutions were going to a government agency,

0:24:48.520 --> 0:24:53.080
<v Speaker 1>that amounted to illegal taxation. So Network Solutions ended up

0:24:53.400 --> 0:24:56.280
<v Speaker 1>ending its payments out to the NSF. It could still

0:24:56.400 --> 0:25:01.639
<v Speaker 1>charge for registration, but that thirty percent would go to NSF. Thankfully,

0:25:02.000 --> 0:25:05.240
<v Speaker 1>that also meant that at least initially, the cost for

0:25:05.440 --> 0:25:08.399
<v Speaker 1>registering a domain dropped by thirty percent, so it became

0:25:08.440 --> 0:25:12.520
<v Speaker 1>seventy dollars for two years before you needed to renew.

0:25:12.960 --> 0:25:16.600
<v Speaker 1>So in nineteen ninety eight, i CAN was given the

0:25:16.640 --> 0:25:21.240
<v Speaker 1>authority to oversee the dns, and i CAN chose Surprise

0:25:21.280 --> 0:25:25.480
<v Speaker 1>Surprise Network Solutions to continue to have this exclusive holdover

0:25:25.600 --> 0:25:29.920
<v Speaker 1>dot net, dot Oregon, dot Com TLDs. So for Network Solutions,

0:25:29.920 --> 0:25:33.440
<v Speaker 1>nothing really changed other than i CAN became the new

0:25:33.520 --> 0:25:38.199
<v Speaker 1>authority overseeing this rather than specifically the NSF. Not that

0:25:38.280 --> 0:25:41.960
<v Speaker 1>the NSF would be uninvolved, but you get the point,

0:25:42.200 --> 0:25:44.840
<v Speaker 1>all right. So this holds true for a couple of years.

0:25:44.840 --> 0:25:47.639
<v Speaker 1>We skip ahead to two thousand. It's the heady days

0:25:47.680 --> 0:25:51.520
<v Speaker 1>of the dot com boom, before the bubble had actually burst,

0:25:51.720 --> 0:25:54.880
<v Speaker 1>and numerous companies would find themselves struggling to stay in business.

0:25:55.080 --> 0:25:59.159
<v Speaker 1>But that's when Network Solutions got a new owner, and

0:25:59.240 --> 0:26:03.159
<v Speaker 1>this is where or VeriSign finally comes into play. So

0:26:04.000 --> 0:26:07.560
<v Speaker 1>VeriSign got its start back in nineteen ninety five, so

0:26:07.640 --> 0:26:09.840
<v Speaker 1>it was a relatively young company. It was only five

0:26:09.920 --> 0:26:12.280
<v Speaker 1>years old when it made this move, and it had

0:26:12.320 --> 0:26:16.120
<v Speaker 1>started off as a provider of certification services, and by

0:26:16.119 --> 0:26:20.520
<v Speaker 1>that I mean Internet certification services. So you know that

0:26:20.680 --> 0:26:23.880
<v Speaker 1>when you sign on to a website and you see

0:26:23.880 --> 0:26:28.639
<v Speaker 1>that little padlock symbol up in your urlbar, that padlock

0:26:28.680 --> 0:26:32.600
<v Speaker 1>symbol indicates that the site you're visiting is protecting the

0:26:32.760 --> 0:26:36.880
<v Speaker 1>data traffic between you and that website through encryption, meaning

0:26:36.920 --> 0:26:40.520
<v Speaker 1>that if anyone else snooped in on your data transfers

0:26:40.600 --> 0:26:43.400
<v Speaker 1>to that website, all they would get was encrypted data,

0:26:43.440 --> 0:26:46.199
<v Speaker 1>which wouldn't mean anything to them, at least assuming the

0:26:46.280 --> 0:26:50.800
<v Speaker 1>encryption is really good. The padlock shows that the protection

0:26:50.960 --> 0:26:56.880
<v Speaker 1>is certified, meaning some other authority has analyzed and certified

0:26:57.160 --> 0:27:00.920
<v Speaker 1>that the process is secure. VeriSign one of the companies

0:27:00.920 --> 0:27:04.840
<v Speaker 1>that provided that kind of certification, thus ensuring that digital

0:27:04.960 --> 0:27:08.159
<v Speaker 1>commerce could occur safely over the internet. Keep in mind,

0:27:08.520 --> 0:27:12.040
<v Speaker 1>back in nineteen ninety five, commerce online was a new

0:27:12.200 --> 0:27:16.840
<v Speaker 1>and scary idea. People were understandably reticent to just plug

0:27:16.880 --> 0:27:19.520
<v Speaker 1>their credit card numbers into a computer. You never knew

0:27:19.560 --> 0:27:22.480
<v Speaker 1>who might get hold of that information. So companies like

0:27:22.600 --> 0:27:25.639
<v Speaker 1>VeriSign would end up playing a really important part in

0:27:25.760 --> 0:27:30.160
<v Speaker 1>establishing a safe and secure infrastructure to allow online commerce

0:27:30.240 --> 0:27:33.680
<v Speaker 1>to actually become a thing. And business must have been

0:27:33.920 --> 0:27:38.960
<v Speaker 1>pretty darn good, because in two thousand, VeriSign made a

0:27:39.160 --> 0:27:44.680
<v Speaker 1>huge move and acquired Network Solutions from Psych for the

0:27:44.880 --> 0:27:50.400
<v Speaker 1>princely sum of twenty one billion with a B dollars. Now,

0:27:50.440 --> 0:27:55.480
<v Speaker 1>remember Psych Saic had purchased Network Solutions for less than

0:27:55.600 --> 0:28:00.280
<v Speaker 1>five million with an M dollars back in nineteen ninety five,

0:28:00.480 --> 0:28:04.440
<v Speaker 1>then sold it five years later for twenty one billion dollars. That,

0:28:04.680 --> 0:28:07.240
<v Speaker 1>my friends, is a heck of a return on investment.

0:28:07.680 --> 0:28:11.040
<v Speaker 1>But it's not as clear as all that it's not

0:28:11.440 --> 0:28:14.159
<v Speaker 1>as amazing a turnaround as that. I mean, it is

0:28:14.160 --> 0:28:18.280
<v Speaker 1>an amazing turnaround, But to be honest, SAIC had actually

0:28:18.280 --> 0:28:21.080
<v Speaker 1>been selling off portions of its ownership, like it had

0:28:21.119 --> 0:28:24.440
<v Speaker 1>been selling off percentages of its stake in Network Solutions

0:28:24.480 --> 0:28:27.920
<v Speaker 1>to other parties since it had acquired the company in

0:28:28.000 --> 0:28:33.000
<v Speaker 1>nineteen ninety five. So while SAIC saw an enormous payout

0:28:33.440 --> 0:28:36.200
<v Speaker 1>due to this acquisition, it wasn't as impressive as it

0:28:36.240 --> 0:28:39.200
<v Speaker 1>would have been if, in fact, it held full ownership

0:28:39.240 --> 0:28:42.000
<v Speaker 1>of Network Solutions at that point. But you get the idea,

0:28:42.320 --> 0:28:45.600
<v Speaker 1>you know, four point seven million to twenty one billion

0:28:45.720 --> 0:28:49.840
<v Speaker 1>in five years phenomenal. It also says a lot that

0:28:50.080 --> 0:28:55.320
<v Speaker 1>the original version of Network Solutions was essentially a government

0:28:55.440 --> 0:28:59.960
<v Speaker 1>funded and thus government restricted business, So it was also

0:29:00.120 --> 0:29:03.000
<v Speaker 1>a very different world in ninety five than it was

0:29:03.000 --> 0:29:05.320
<v Speaker 1>in two thousand. All Right, we're going to take another

0:29:05.400 --> 0:29:07.960
<v Speaker 1>quick break. When we come back, we'll talk more about

0:29:08.400 --> 0:29:22.600
<v Speaker 1>VeriSign and the current concerns surrounding the company. All right,

0:29:22.640 --> 0:29:25.160
<v Speaker 1>we're back. So before the break, we talked about how

0:29:25.440 --> 0:29:28.640
<v Speaker 1>VeriSign comes in and buys Network Solutions, and by the

0:29:28.680 --> 0:29:32.960
<v Speaker 1>transitive property of ownership, VeriSign becomes the new exclusive keeper

0:29:33.200 --> 0:29:37.000
<v Speaker 1>of the dot com, dot net and dot org TLD's

0:29:37.120 --> 0:29:40.160
<v Speaker 1>top level domains. That's when the Security is in Exchange

0:29:40.200 --> 0:29:44.239
<v Speaker 1>Commission where SEC took an interest in VeriSign. So for

0:29:44.280 --> 0:29:49.280
<v Speaker 1>a while, Network Solutions had been operating two distinct but

0:29:49.440 --> 0:29:54.080
<v Speaker 1>related businesses. Business number one was to serve as a registry.

0:29:54.240 --> 0:29:58.240
<v Speaker 1>Now essentially, a registry serves as a database, and it

0:29:58.280 --> 0:30:04.800
<v Speaker 1>could sell top level main addresses wholesale to registrars. Registrars

0:30:05.120 --> 0:30:10.720
<v Speaker 1>could then sell domain names or domain name registrations to customers. However,

0:30:11.200 --> 0:30:15.360
<v Speaker 1>Network Solutions was also acting as a registrar itself, so

0:30:15.400 --> 0:30:19.680
<v Speaker 1>it's both a registry and a registrar. The SEC felt

0:30:20.000 --> 0:30:23.600
<v Speaker 1>this was way too much power concentrated into a single organization,

0:30:23.680 --> 0:30:27.720
<v Speaker 1>and it could use its monopolistic holdover the dot com,

0:30:27.760 --> 0:30:32.880
<v Speaker 1>dot net and dot org TLDs to create predatory pricing.

0:30:33.400 --> 0:30:38.600
<v Speaker 1>So VeriSign sold off its registrar business and held onto

0:30:38.640 --> 0:30:42.680
<v Speaker 1>the registry part. Now, VeriSign could sell top level domains

0:30:42.680 --> 0:30:46.080
<v Speaker 1>wholesale to registrars, and the registrars in turn could sell

0:30:46.120 --> 0:30:49.720
<v Speaker 1>those two customers. So effectively, this meant VeriSign sold off

0:30:49.880 --> 0:30:54.160
<v Speaker 1>part of Network Solutions to another company called Pivotal Equity Groups.

0:30:54.200 --> 0:30:56.880
<v Speaker 1>So we'll say by by to Network Solutions from this

0:30:56.960 --> 0:31:01.520
<v Speaker 1>point forward. Just know that the services that Networkstions provided,

0:31:02.080 --> 0:31:06.840
<v Speaker 1>at least regarding being a registry, are now verisigns. So

0:31:07.040 --> 0:31:10.200
<v Speaker 1>VeriSign would remain the sole organization ultimately in charge of

0:31:10.240 --> 0:31:13.680
<v Speaker 1>those dot com TLDs. And that's where the current situation

0:31:13.840 --> 0:31:16.760
<v Speaker 1>comes back into play. So at the heart of the

0:31:16.800 --> 0:31:20.480
<v Speaker 1>issue is a change in the rules that VeriSign has

0:31:20.520 --> 0:31:22.920
<v Speaker 1>to follow when it comes to how much it can

0:31:23.000 --> 0:31:26.840
<v Speaker 1>charge customers for registering TLDs. Keep in mind this is

0:31:26.880 --> 0:31:30.560
<v Speaker 1>because the government, the US government, has been heavily involved

0:31:30.560 --> 0:31:34.840
<v Speaker 1>in this from the beginning. Initially, the predecessor to averisign

0:31:35.040 --> 0:31:40.440
<v Speaker 1>was not allowed to charge for registering top level domain names.

0:31:40.560 --> 0:31:44.120
<v Speaker 1>You couldn't do it. It was all government provided. But the

0:31:44.360 --> 0:31:48.480
<v Speaker 1>slow transition from the Internet being a government owned and

0:31:48.640 --> 0:31:55.400
<v Speaker 1>operated entity to a global market entity unto itself meant

0:31:55.440 --> 0:31:59.040
<v Speaker 1>that things had to change. So there were still rules

0:31:59.200 --> 0:32:04.080
<v Speaker 1>in place to keep VeriSign or its predecessor from charging

0:32:04.080 --> 0:32:08.520
<v Speaker 1>out the wazoo. Because being a single company in charge

0:32:08.560 --> 0:32:13.880
<v Speaker 1>of this this particular commodity, the dot com TLDs, there

0:32:13.920 --> 0:32:17.960
<v Speaker 1>needed to be some restrictions otherwise, because the dot com

0:32:18.000 --> 0:32:21.720
<v Speaker 1>domain names are so valuable, you would end up getting

0:32:21.800 --> 0:32:25.760
<v Speaker 1>charged ridiculous amounts of money in order to register your

0:32:25.840 --> 0:32:28.960
<v Speaker 1>domain name. You might still get that, but that's because

0:32:29.000 --> 0:32:33.400
<v Speaker 1>the registrar, not the registry. So at the heart of

0:32:33.440 --> 0:32:36.960
<v Speaker 1>the current matter is a change in the rules that

0:32:37.080 --> 0:32:39.880
<v Speaker 1>VeriSign has to follow when it comes to how much

0:32:39.880 --> 0:32:43.680
<v Speaker 1>it charges its customers for registering TLDs. Now, according to

0:32:43.760 --> 0:32:49.560
<v Speaker 1>a letter from Senator Warren and Representative Nadler, quote, VeriSign

0:32:49.760 --> 0:32:53.479
<v Speaker 1>is exploiting its monopoly power to charge millions of users

0:32:53.640 --> 0:32:57.440
<v Speaker 1>excessive prices for registering a dot Com top level domain.

0:32:57.800 --> 0:33:01.760
<v Speaker 1>VeriSign hasn't changed or in improved its services. It has

0:33:01.760 --> 0:33:06.280
<v Speaker 1>simply raised prices because it holds a government insured monopoly

0:33:06.560 --> 0:33:11.360
<v Speaker 1>end quote now. Essentially, during the previous Trump administration, the

0:33:11.440 --> 0:33:14.880
<v Speaker 1>government eased off a little bit on the restrictions it

0:33:14.960 --> 0:33:18.680
<v Speaker 1>had placed over how much VeriSign was allowed to charge customers.

0:33:18.960 --> 0:33:23.680
<v Speaker 1>So the company, once these restrictions were gone, increased its prices. Now,

0:33:23.720 --> 0:33:27.440
<v Speaker 1>according to the letter from the politicians I mentioned earlier,

0:33:27.680 --> 0:33:31.040
<v Speaker 1>that increase was around thirty percent, So the prices went

0:33:31.120 --> 0:33:35.080
<v Speaker 1>up by thirty percent but the services provided hadn't changed

0:33:35.120 --> 0:33:38.600
<v Speaker 1>in any material way, So you're paying thirty percent more

0:33:38.880 --> 0:33:42.480
<v Speaker 1>for the exact same service you had earlier. Nothing else

0:33:42.560 --> 0:33:46.480
<v Speaker 1>has improved or been fleshed out further. Again, this is

0:33:46.520 --> 0:33:50.000
<v Speaker 1>according to their letter, So essentially, Warren and Nadler are saying,

0:33:50.040 --> 0:33:52.440
<v Speaker 1>you're charging more for the same services, and because you

0:33:52.440 --> 0:33:55.280
<v Speaker 1>have a monopoly, there's nowhere else for customers to go,

0:33:55.720 --> 0:33:59.440
<v Speaker 1>so this amounts to price gouging. Now, as you might imagine,

0:33:59.640 --> 0:34:03.040
<v Speaker 1>various design objects to the way that this has been framed.

0:34:03.120 --> 0:34:07.040
<v Speaker 1>The company claims that a quote small, self interested group

0:34:07.080 --> 0:34:11.200
<v Speaker 1>of domain name investors end quote are behind all this.

0:34:11.719 --> 0:34:14.839
<v Speaker 1>That you know, this isn't a real public issue. It's

0:34:14.840 --> 0:34:18.080
<v Speaker 1>something that some people who have a vested interest in

0:34:18.120 --> 0:34:22.400
<v Speaker 1>the matter are pursuing because they have the potential to

0:34:22.440 --> 0:34:25.160
<v Speaker 1>make a lot of money if things change. But things

0:34:25.200 --> 0:34:29.040
<v Speaker 1>shouldn't change because they're not inherently unfair, according to VeriSign,

0:34:29.480 --> 0:34:33.480
<v Speaker 1>and also says that the complaints the politicians are raising

0:34:33.560 --> 0:34:39.640
<v Speaker 1>echo some so called inaccuracies around the TLD registry business. Also,

0:34:39.800 --> 0:34:43.600
<v Speaker 1>VeriSign says there are alternatives to dot com in the

0:34:43.600 --> 0:34:47.040
<v Speaker 1>TLD space, so that means that VeriSign's not operating a monopoly,

0:34:47.360 --> 0:34:49.799
<v Speaker 1>and I guess that's an argument. I mean, you could

0:34:49.800 --> 0:34:54.120
<v Speaker 1>say VeriSign does have a monopolistic holdover dot com domains.

0:34:54.440 --> 0:34:59.680
<v Speaker 1>That's indisputable. They do. They're the soul registry for dot com.

0:35:00.080 --> 0:35:03.439
<v Speaker 1>But it's also true that there are other registries out

0:35:03.480 --> 0:35:07.839
<v Speaker 1>there for other kinds of TLDs. So, for example, if

0:35:07.880 --> 0:35:11.160
<v Speaker 1>you wanted to register a domain that had a dot

0:35:11.280 --> 0:35:14.680
<v Speaker 1>tv as its top level domain, well then you would

0:35:14.719 --> 0:35:17.600
<v Speaker 1>have to go through go Daddy registry. By the way,

0:35:17.680 --> 0:35:21.799
<v Speaker 1>technically dot tv is an Internet country Code top level

0:35:21.800 --> 0:35:25.480
<v Speaker 1>domain and it's for TAVALU, but a lot of sites

0:35:25.560 --> 0:35:29.160
<v Speaker 1>use dot TV because TV can also mean television. Thus

0:35:29.239 --> 0:35:33.960
<v Speaker 1>you have things like dropout TV. Complicating matters is the

0:35:33.960 --> 0:35:37.480
<v Speaker 1>fact that I can ultimately has the authority to reject

0:35:37.520 --> 0:35:41.279
<v Speaker 1>price hikes in the Domain Name Registry Services space, and

0:35:41.760 --> 0:35:45.680
<v Speaker 1>this comes from the NTIA. So hang on, if I

0:35:45.880 --> 0:35:51.480
<v Speaker 1>can is able to reject price hikes, then where's the problem?

0:35:51.800 --> 0:35:55.120
<v Speaker 1>Because yes, you do have VeriSign as an entity that

0:35:55.160 --> 0:35:59.680
<v Speaker 1>has exclusive rights to the dot Com registry business. However,

0:36:00.360 --> 0:36:03.919
<v Speaker 1>if a nonprofit organization that's closely associated with the US

0:36:04.000 --> 0:36:08.560
<v Speaker 1>government ultimately has authority to reject price increases. Doesn't that

0:36:08.680 --> 0:36:12.920
<v Speaker 1>solve things? Well, not so fast, because back in twenty twenty,

0:36:13.400 --> 0:36:16.920
<v Speaker 1>VeriSign and i CAN signed an agreement in which VeriSign

0:36:17.040 --> 0:36:20.520
<v Speaker 1>was allowed to increase prices to a certain maximum and

0:36:20.640 --> 0:36:24.399
<v Speaker 1>in return, i CAN would receive twenty million dollars over

0:36:24.440 --> 0:36:27.200
<v Speaker 1>the course of five years. Now, Warren and Nadler are

0:36:27.239 --> 0:36:30.040
<v Speaker 1>saying this appears to be a case of collusion, where

0:36:30.040 --> 0:36:35.200
<v Speaker 1>these two organizations have colluded and created a mutually beneficial

0:36:35.520 --> 0:36:42.120
<v Speaker 1>relationship that is ultimately predating upon customers. So the customers

0:36:42.160 --> 0:36:45.960
<v Speaker 1>are unfairly burdened with price increases and they have no recourse,

0:36:46.360 --> 0:36:49.120
<v Speaker 1>they have no competing service they can go to to

0:36:49.160 --> 0:36:51.840
<v Speaker 1>get a dot com top level domain, and they're not

0:36:51.960 --> 0:36:55.880
<v Speaker 1>getting an improvement in their services now. As wireds Joel

0:36:56.080 --> 0:36:58.719
<v Speaker 1>khalely reported back in late November, I think it was

0:36:58.800 --> 0:37:03.759
<v Speaker 1>November twenty second, the National Telecommunications and Information Administration or

0:37:03.880 --> 0:37:08.800
<v Speaker 1>NTIA was set to renew this agreement with VeriSign after

0:37:08.920 --> 0:37:13.160
<v Speaker 1>a review on November thirty, and that meant with this

0:37:13.239 --> 0:37:16.600
<v Speaker 1>review that there would actually be a chance that new

0:37:16.719 --> 0:37:20.200
<v Speaker 1>pricing rules could come into play and that VeriSign would

0:37:20.200 --> 0:37:23.640
<v Speaker 1>be forced to lower prices, and that these rules would

0:37:23.640 --> 0:37:26.200
<v Speaker 1>actually be in effect for six years, which means they'd

0:37:26.239 --> 0:37:29.600
<v Speaker 1>actually remain in place for the entirety of the second

0:37:29.800 --> 0:37:34.960
<v Speaker 1>Trump administration, because that lasts four years. But nothing really

0:37:35.000 --> 0:37:38.359
<v Speaker 1>turned out that way, and why was that? Well, the

0:37:38.480 --> 0:37:43.160
<v Speaker 1>NTIA renewed the agreement with VeriSign and did nothing to

0:37:43.200 --> 0:37:46.920
<v Speaker 1>address the price issues, and in a release, the NTIA

0:37:47.000 --> 0:37:50.440
<v Speaker 1>said it really wished it could have done something. Cush gosh,

0:37:50.520 --> 0:37:53.120
<v Speaker 1>darn it, what a sticky wicket, which is not a

0:37:53.200 --> 0:37:57.279
<v Speaker 1>very satisfying conclusion to this story. As Andrew Allmann of

0:37:57.440 --> 0:38:03.320
<v Speaker 1>Domain name Wire put it, the nt IA essentially said, golly,

0:38:03.719 --> 0:38:06.279
<v Speaker 1>we really wish we could do something, but sadly, we

0:38:06.400 --> 0:38:09.920
<v Speaker 1>just don't have the authority to set dot com domain prices.

0:38:10.200 --> 0:38:14.440
<v Speaker 1>And here's the kicker, according to Aliman, quote, this statement

0:38:14.560 --> 0:38:18.920
<v Speaker 1>is strange because it is the NTIA that literally sets

0:38:18.920 --> 0:38:22.440
<v Speaker 1>a cap on dot com prices end quote. So yeah,

0:38:22.520 --> 0:38:25.480
<v Speaker 1>the government organization is saying we don't have the authority

0:38:25.520 --> 0:38:28.480
<v Speaker 1>to do the thing we're authorized to do. Now, Aliman

0:38:28.719 --> 0:38:32.840
<v Speaker 1>actually extends some understanding toward the NTIA. It's just that

0:38:32.920 --> 0:38:35.880
<v Speaker 1>perhaps the issue is really that because of the twenty

0:38:36.000 --> 0:38:40.160
<v Speaker 1>twenty agreement between VeriSign and I can the NTIA is

0:38:40.400 --> 0:38:43.600
<v Speaker 1>not able to set a cap on prices without actual

0:38:43.640 --> 0:38:48.760
<v Speaker 1>cooperation from VeriSign itself, and obviously VeriSign has a vested

0:38:48.800 --> 0:38:52.200
<v Speaker 1>interest in not creating lower price caps for its services.

0:38:52.520 --> 0:38:56.080
<v Speaker 1>Like a business is not gonna sit there and say, oh, yeah, yeah,

0:38:56.120 --> 0:38:59.440
<v Speaker 1>you're right, I should charge less for this thing that

0:38:59.520 --> 0:39:02.719
<v Speaker 1>you can own only get from me, and I have

0:39:02.800 --> 0:39:06.120
<v Speaker 1>all the leverage here, so obviously I should lower my prices.

0:39:06.280 --> 0:39:08.080
<v Speaker 1>So vera Sign said, you know what, we're going to

0:39:08.200 --> 0:39:13.319
<v Speaker 1>decline that at least that's that's the assumption that that's

0:39:13.360 --> 0:39:18.120
<v Speaker 1>why the NTIA was unable to put in new price

0:39:18.280 --> 0:39:23.239
<v Speaker 1>caps on the TLD registration business or registry business. The

0:39:23.320 --> 0:39:26.560
<v Speaker 1>NTIA did lament that the whole pricing situation is pretty

0:39:26.640 --> 0:39:29.880
<v Speaker 1>darn messed up from the wholesale side of the registry

0:39:29.920 --> 0:39:32.960
<v Speaker 1>business all the way downstream to the customer, and that

0:39:33.320 --> 0:39:35.600
<v Speaker 1>ultimately customers are kind of at the mercy of the

0:39:35.640 --> 0:39:38.520
<v Speaker 1>various companies within the industry. You know, gosh darn it,

0:39:38.560 --> 0:39:40.960
<v Speaker 1>if only the government had the authority to actually address

0:39:40.960 --> 0:39:45.160
<v Speaker 1>potentially unfair business practices. Anyway, that's where we stand now

0:39:45.239 --> 0:39:48.920
<v Speaker 1>with one company ultimately sitting on a vault of dot

0:39:48.960 --> 0:39:52.680
<v Speaker 1>com TLDs and considering it was Trump's first administration that

0:39:52.760 --> 0:39:56.200
<v Speaker 1>gave VeriSign more freedom to increase prices in the first place,

0:39:56.360 --> 0:39:58.400
<v Speaker 1>I imagine we're not going to see any efforts to

0:39:58.480 --> 0:40:01.960
<v Speaker 1>curb costs in the near future. So this is kind

0:40:02.000 --> 0:40:04.800
<v Speaker 1>of where we're at. And I thought it was interesting

0:40:05.120 --> 0:40:08.239
<v Speaker 1>that there was this move against verisigns so late in

0:40:08.280 --> 0:40:12.480
<v Speaker 1>the game, especially since ultimately you can trace the whole

0:40:12.920 --> 0:40:16.360
<v Speaker 1>history of this back to how the government handled the

0:40:16.400 --> 0:40:19.960
<v Speaker 1>Internet in the early days, Like this wasn't a private

0:40:20.040 --> 0:40:24.440
<v Speaker 1>company or even a publicly traded company that created the situation.

0:40:24.600 --> 0:40:27.400
<v Speaker 1>This was a situation created by the US government that

0:40:27.480 --> 0:40:30.920
<v Speaker 1>now the US government is like, h this isn't ideal.

0:40:31.360 --> 0:40:35.000
<v Speaker 1>Some might have seen this as a way for Democrat

0:40:35.200 --> 0:40:38.680
<v Speaker 1>leaders to try and stick it to the Trump administration

0:40:39.000 --> 0:40:42.760
<v Speaker 1>by getting some policy changes in at the last minute,

0:40:42.960 --> 0:40:45.439
<v Speaker 1>changes that would last six years, so that it would

0:40:45.520 --> 0:40:47.680
<v Speaker 1>kind of be a thorn in the side, or at

0:40:47.719 --> 0:40:50.840
<v Speaker 1>least a little thumb of the nose at Republican leaders

0:40:50.880 --> 0:40:53.000
<v Speaker 1>because they're going to be in charge for the next

0:40:53.200 --> 0:40:56.040
<v Speaker 1>several years. But it didn't work. Like that didn't that's

0:40:56.040 --> 0:40:59.560
<v Speaker 1>not how it turned out. So if that was an attempt,

0:40:59.640 --> 0:41:02.520
<v Speaker 1>it failed, and it just means that I think it's

0:41:02.560 --> 0:41:05.759
<v Speaker 1>going to be business as usual for the near future. Heck,

0:41:05.800 --> 0:41:08.560
<v Speaker 1>it might end up meaning that ultimately we have to

0:41:08.560 --> 0:41:12.920
<v Speaker 1>pay even more for the whole registration process, because if

0:41:13.000 --> 0:41:16.680
<v Speaker 1>varsign can increase prices again I'm sure it will, that

0:41:16.760 --> 0:41:20.560
<v Speaker 1>will pass costs down to the registrars, who will then

0:41:20.680 --> 0:41:24.640
<v Speaker 1>pass those costs down to customers because everyone needs to

0:41:24.680 --> 0:41:28.759
<v Speaker 1>make some scratch off of those transactions. And ultimately it

0:41:28.840 --> 0:41:31.440
<v Speaker 1>means that the consumer at the end of the line

0:41:31.600 --> 0:41:36.480
<v Speaker 1>ends up bearing the expense. So fun times. But that's it.

0:41:36.880 --> 0:41:40.960
<v Speaker 1>That's a quick explanation and a very very high level

0:41:41.040 --> 0:41:44.640
<v Speaker 1>explanation of what's going on on the business side of

0:41:45.040 --> 0:41:48.759
<v Speaker 1>domain names. As I said, it is far more complicated

0:41:48.800 --> 0:41:51.200
<v Speaker 1>than what I've talked about here, both on a technical

0:41:51.280 --> 0:41:55.120
<v Speaker 1>level and from a corporate level or an administration level,

0:41:55.280 --> 0:41:59.200
<v Speaker 1>And if you are interested, there are numerous resources out

0:41:59.239 --> 0:42:02.680
<v Speaker 1>there that go into far more detail about how the

0:42:02.719 --> 0:42:08.120
<v Speaker 1>domain name system took shape over years of tweaking and experimentation,

0:42:08.600 --> 0:42:13.399
<v Speaker 1>how the administration of the dns changed over time, and

0:42:13.800 --> 0:42:18.480
<v Speaker 1>the competing ideas that ultimately didn't make it, whereas the

0:42:18.560 --> 0:42:22.320
<v Speaker 1>DNS did. All of that is documented in different places online.

0:42:22.360 --> 0:42:25.200
<v Speaker 1>It is fascinating, but it's a huge amount of information

0:42:25.280 --> 0:42:27.920
<v Speaker 1>and far too much for me to tackle on an

0:42:27.960 --> 0:42:30.400
<v Speaker 1>episode of tech Stuff. But I hope you found this interesting.

0:42:30.680 --> 0:42:33.440
<v Speaker 1>I hope you're all doing well, and I'll talk to

0:42:33.440 --> 0:42:43.120
<v Speaker 1>you again really soon. Tech Stuff is an iHeartRadio production.

0:42:43.440 --> 0:42:48.440
<v Speaker 1>For more podcasts from iHeartRadio, visit the iHeartRadio app, Apple Podcasts,

0:42:48.560 --> 0:42:53.959
<v Speaker 1>or wherever you listen to your favorite shows.