[kictanet] In sudden announcement, US to give up control of DNS root zone

[Peter Ojiambo]

In a historic decision on Friday, the United States has decided to give up
control of the authoritative root zone file, which contains all names and
addresses of all top-level domain names...

Via Ars Technica

http://zite.to/1grTE5s

What are the greater implications of this decision?
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