DN.com caused quite a stir by going offline and leaving many to wonder what was going on. They just made an announcement on Namepros that the website is back up. Cynthia posted the following:
The good news is www.DN.com is now accessible again!
We sincerely apologize for all the problems caused in the last three working days. During the last couple of days, users’ transactions and withdrawals were all processed timely as usual. During the past days, we have noticed how much the domaining community care about DN.com, thank you all for that! We are now geared to deliver even better service to the entire domaining community.
Please understand that taking down www.DN.com temporarily was a prerequisite move if we wanted to modify the entity. We did this to coordinate with the lawful procedures.
For you to understand it better, we’d like to explain the exact procedures that we need to go through. We hope everyone can take an objective perspective over this. The official term is called “备案（bei an）”. “备案（bei an)” is to register the website and the company with the government’s network authority, in which procedure we report to the government about what the website’s business is and which company the website belongs to. It is because of our development plan, that we are changing the entity from “Hangzhou Midaizi Network Co., Ltd.”(also the mother company of 4.cn) to “Hangzhou YunBiao Intellectual Property Agency Co., Ltd.” Both companies belong to John Xu, 4.cn owner.
There was no suprise that all Chinese domainers understood what we’re going through, while our foreign friends find it absurd. For that, we apologize for not explaining it in advance.
What difference does 备案（bei an）make?
As an escrow service company, we attach great importance to the compliance, legality and regulation. 备案（bei an）means our website’s security is fully guaranteed by the government, which is great news for domain traders.
As a quite newborn domain name escrow service provider, DN.com was launched on 4th Sep, 2014. Till now, we are still growing and learning lessons. During these days, we are sincerely grateful for all the kindness and support we have received from the domaining community, and we are open to all comments and suggestions. DN.com’s mission is to serve the domaining community and we’re working on it hardly. Thank you for all your patience and business, we hope for a better future.
Now it makes sense.