Hacker News Reader

Something similar to what Let's Encrypt did to the SSL Certificate market. Before they came along, SSL root certificate were way over priced and overnight, the market simply disappeared.

The same should happen to gTLDs.

IIRC, the cost is ~$200k one time and ~$25/yr. Shitcoins get magnitudes higher crowd funding. Not impossible to do at all.

On a technical level, this is very simple - just change the list of DNS root servers on all "participating" machines to point to your own new nameservers.

But then you have the problem: Who manages your community controlled domains? Who keeps track of who owns which domain?