Single letter domains

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There is currently an effort in the community to release the legacy restrictions on single character domain names, such as o.com (desired by Overstock.com), y.com desired by Yahoo!, and others who have written letters of support on this matter to ICANN.

Though there are some single character domains in existence to date, they are very few in number. Single character domain names, such as i.net and z.com that were delegated prior to the resrictions, and were allowed to remain allocated, while any new single character domains were held aside for one proposed scheme to distribute the load of the TLDs. All these other single letter/number combinations were reserved to the IANA on Dec 2, 1993.

The only documented information found on this justification for restriction and situation of grandfathering the existing names was in an archived email signed simply IANA, located in the rs.interinic.net ftp site under RFC/iana/assignments/one-letter-domains:

The IANA has reserved the one letter and number domains in COM, NET,
EDU and ORG, in case they are needed to support one proposed scheme to
distribute the load on the COM (and other top level domains).  It has
not been decided if the scheme these names were reserved for will be
used or not, and it probably won't be decided for several months.

IANA

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