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I think people are referring to this: http://en.wikipedia.org/wiki/Zooko%27s_triangle

> Zooko's triangle is a diagram named after Zooko Wilcox-O'Hearn which sets out a conjecture for any system for giving names to participants in a network protocol. At the vertices of the triangle are three properties that are generally considered desirable for such names:[1]

>

> Human-meaningful: The quality of meaningfulness and memorability to the users of the naming system. Domain names and nicknaming are naming systems that are highly memorable.

> Decentralized: The lack of a centralized authority for determining the meaning of a name. Instead, measures such as a Web of trust are used.

> Secure: The quality that there is one, unique and specific entity to which the name maps. For instance, domain names are unique because there is just one party able to prove that they are the owner of each domain name.



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