It is a market of sellers for domains suggestive of Bitcoin, cryptocurrencies and blockchains. The Tokens.com domain name was sold for $ 500,000 in February. Cryptoworld.com sold for $ 195,000 in January. Eth.com sold for $ 2 million at the end of 2017. Blockchain.us wants $ 3.45 million, and Ethereum.com is asking for $ 10 million. In this climate, a domain like Crypto.com is probably worth millions of dollars. But Matt Blaze, who owns it since 1993, is not selling.
"No, my domain name is not for sale, yes, I'm serious, yes, I've probably already silenced you," he tweeted in September.
Blaze is an associate professor at the University of Pennsylvania and a renowned cryptography researcher who is credited with the phrase and the concept of "trust management", an important framework for modeling the authenticity and reliability of the parties in information security. . More recently, he has been heavily involved in the investigation of cybersecurity around voting machines, and testified before Congress in November. He did not respond to a request for comment, but apparently registered the domain quite easily. "People my age could simply register names like that when we were your age," he told security researcher Melissa Elliott on Twitter.
"It's really an incredible domain," said Niko Younts, who sold BitcoinWallet.com for $ 250,000 in 2014 and currently owns a portfolio of more than 1,000 cryptocurrency-related domains. "That word & # 39; crypto & # 39; is very powerful for industry leaders, and from a marketing perspective, it could literally be a $ 10 million domain."
Other domain sellers agreed. The pseudonymous administrator of Crypto Domains, who claims to have sold coingeek.com to millionaire and cryptocurrency enthusiast Calvin Ayre, says they would put a price "in the range of $ 5 to $ 10 million." New.life, another domain seller who also requested to remain a pseudonym, also has a crypto.com price of $ 5 million to $ 10 million. "Crypto.com is attractive because it defines a space in which billions of dollars change hands and the amount grows annually," Ron Jackson, publisher of Domain Name Journal, said in an email. "I think it's definitely a 7-figure domain name, it's weird to see $ 5- $ 10 million these days, but I would not be surprised if it reached $ 5 million."
That's a lot of money for everyone, and the offers have been coming. Blaze tweeted in January that an optimistic buyer had called his university to try to contact him. "Note to the idiot that bothered the receptionist in my department for wanting to buy my domain, it's not for sale," he wrote. "And if it were for sale, it definitely would not be for sale." Although the sparkling domain market reached its peak in December when the Bitcoin price reached $ 20,000, Blaze has been receiving inquiries for a while. "I just received an angry email from someone who wants to buy my domain (not for sale, by the way) insisting that I must sell it because it's capitalism," he tweeted last June. "If you want my bc domain, you are speculating about the crypto currency, just send me your bitcoins, I promise to lose them for you".
The "cryptography" in Blaze's domain name is a reference to cryptography, a long-standing stenography in the information security community. (See "do not roll up your own cryptography," a common aphorism that refers to the risk of developing new encryption methods instead of using established ones, as just one example.) People outside the cryptography community started using "cryptography" to refer to However, Bitcoin and its descendants, like an avalanche of cryptocurrencies, debuted during the last year.
This new colloquial use of "crypto" caused consternation in security circles. "On the Internet," crypto "has always been used to refer to cryptography," wrote cybersecurity journalist Lorenzo Franceschi-Bicchierai. "Think, for example, of the term & # 39; Crypto Wars & # 39 ;, which refers to the efforts of the government (originally the US government) to undermine and stop the adoption of unbreakable communication systems."
Blaze himself took a decisive blow in Crypto Wars in 1994 when he discovered that Clipper Chip, a device designed to allow the government to listen to anyone's phone calls, had a critical flaw that would allow criminals to evade its purpose. Your article on this, "Protocol Failure in the Custody Encryption Standard," is available at crypto.com.
I am pleased to announce the official https://t.co/377YZiqvtv ICO. To enter this limited opportunity, just send me cash. No amount too big or two small. Keep in mind that this is not an outdated "investment", it is much better than that. I just keep your money. Without sophisticated stationery.- Matte glow (@mattblaze) March 7, 2018
"I think that calling cryptocurrencies & # 39; crypto & # 39; is a bad choice, with bad consequences for both cryptography and cryptocurrencies," he wrote on Twitter. "That does not mean I'm a linguistic prescriber of any kind, and saying that the language evolves" or another type of talk does not invalidate my concerns. "
In response to this attitude and his refusal to sell his domain, Blaze has been told that he is myopic, that he does not deserve dominance, or that he is bitter about not having gone to the lucrative cryptocurrency train before. A Twitter user told Blaze that "he is underutilizing an incredible asset and disfiguring it with political nonsense that would make CNN proud" before adding "do not be afraid to ask for $ 30 + millions". Another Twitter user advised Blaze to retain a billion.
It would not bother me either, but you are underutilizing an incredible asset and disfiguring with political nonsense that would make CNN proud. Anyway, do not be afraid to ask for $ 30 + million for https://t.co/uTG3mU5cd6- Dan Sanchez (@DanSanchez) January 8, 2018
Earlier this month, Blaze added a disclaimer to its website. It says: "This site does not offer or offer services related to cryptocurrencies." He deals with cryptography, computer and network security, and technological policy research. Warning: many cryptocurrencies are scams, and I strongly discourage their use as investment vehicles. "
This is not the first time that Blaze has to defend his domain. In 2000, in the midst of the dotcom frenzy, a Delaware company calling itself Crypto.Com, Inc. began launching "a new keyless encryption technology for secure communications on insecure circuits." Blaze posted a statement on crypto.com calling the claims "extravagant." "And noting that he has no affiliation with the company, he also pointed out that the cryptographer Claude Shannon's test of the perfect secret, which showed an unbreakable cipher on" insecure circuits, "requires the use of a key, as you say, do not move your own cryptography. .