RFC - Decentralised Naming System II - continuous auction (by Seneca)

What about that little kid in India who created a brilliant video-site for SAFE. It registered safe:videotube and know has 100K users and makes some money. Next moment some big “Silk Road” site pays a lot of cash for that domain, and decides that before they link to the kids site, first they’ll post advertisement for their own service. So the kid is now screwed, it has advertisement on “his” website without anything he can do about it.

The great thing about SAFE should be that people have ownership for stuff like domains and are safe that nobody could steal them.