In 1983, Paul Mockapetris proposed a distributed database of internet name and address pairs, now known as the Domain Name System (DNS). This is essentially a distributed "phone book" linking a domain's name to its address, allowing you to type in something like todayifoundout.com instead of the IP address of the website. The distributed version of this system allowed for a decentralized approach to this "phone book." Previous to this, a central HOSTS.TXT file was maintained at Stanford Research Institute that then could be downloaded and used by other systems. Even by 1983, this was becoming a problem to maintain, which ultimately led to the Domain Name System. In these Wild West days of the internet when domain names first began to be registered for commercial use, with symbolics.com kicking things off when it was registered to Symbolics Computer Corp. on March 15, 1985, few people had any idea how big the internet was going to be in the coming decades. As a result, the value of domain names was underestimated to an almost comical degree. Examples of domain names that were snapped up in the halcyon days of the early 1990s by savvy internet denizens include Beer.com, (sold in 2004 for $7 million), Hotel.com (sold in 2011 for $11 million) and the subject of today's article- Sex.com. This particular domain was registered by one Gary Kremen for free thanks to the National Science Foundation footing the bill at the time. While Kremen has run or invested in a myriad of successful businesses since, he is perhaps best known today as the creator of Match.com, which presently brings in a few hundred million dollars per year. Although, funny enough, owing to his removal as CEO by an amazingly inept board who likewise demonstrated a spectacular lack of vision and undervaluation of the website, Match.com was sold for a mere $7...
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