Fergie's Tech Blog

ICANN's 'Add Grace Period' Being Abused

BJHacker writes on Kuro5hin:

Of more than 35 million domain names registered in May 2006, less than 3 million were legitimate! The remaining 92% were dropped within five days without incurring registration fees.

A loophole in the ICANN regulations permits domain registrars to delete a registration within five days a receive a full refund. This has led to a growing practice dubbed Domain Name Kiting.

posted by Fergie @ 7/26/2006 08:24:00 AM