.eu Fiasco 700K .squatted/speculative/abusive eu domains registered?

The true number of bogus .eu registrars is not known but indications are that it is over 700. The mathematics of the disaster that EUrid facilitated are simple.

700 Bogus Registrars

Each registrar has to prepay 10000 Euros.

A new .eu registration costs each registrar 10 Euros.

With the minimum prepayment, each registrar can register 1000 domains.

700 bogus registrars * 1000 domains = 700,000 .eu domains.

So if each bogus registrar managed to register 1000 domains in the landrush, then the number of squatted or speculative .eu domains could be upwards of 700,000. That’s quite a significant percentage of the number of registered .eu domains.

700 * 1000 = 700000.

That’s the potential size of EUrid’s problem if each bogus registrar managed to use their prepayment.

Tags: IrishBlogs,.EU, EU Corruption, Domains, .eu Fiasco, Internet Statistics , Eurid, domainnames
, .EU fraud

Written by John McCormac on April 23rd, 2006 with comments disabled.
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