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History
In 1993, the U.S. Department of Commerce, in conjunction with several public and private entities, created InterNIC to maintain a central database that contains all the registered domain names and the associated IP addresses in the U.S. (other countries maintain their own NICs (Network Information Centers) -- there's a link below that discusses Canada's system, for example). Network Solutions, a member of InterNIC, was chosen to administer and maintain the growing number of Internet domain names and IP addresses. This central database is copied to Top Level Domain (TLD) servers around the world and creates the primary routing tables used by every computer that connects to the Internet.
Each ICANN-accredited registrar must pay a fixed fee of US$4,000 plus a variable fee. The sum of variable registrar fees is intended to total US$3.8 million. The competition created by the shared registration system enables end users to choose from many registrars offering a range of related services at varying prices.
In 1993, the U.S. Department of Commerce, in conjunction with several public and private entities, created InterNIC to maintain a central database that contains all the registered domain names and the associated IP addresses in the U.S. (other countries maintain their own NICs (Network Information Centers) -- there's a link below that discusses Canada's system, for example). Network Solutions, a member of InterNIC, was chosen to administer and maintain the growing number of Internet domain names and IP addresses. This central database is copied to Top Level Domain (TLD) servers around the world and creates the primary routing tables used by every computer that connects to the Internet.
Each ICANN-accredited registrar must pay a fixed fee of US$4,000 plus a variable fee. The sum of variable registrar fees is intended to total US$3.8 million. The competition created by the shared registration system enables end users to choose from many registrars offering a range of related services at varying prices.