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So if you transfer a domain from one godaddy account to another, there's no authorization email sent? That's bullshit.
You should be sent an email requesting authorization for any and all account changes. An email requesting a secret password, a secret handshake, a secret decoder ring, whatever it takes to make domains harder to steal.
Sounds like it would be just as effective to stand in your back yard and shout "I hereby lock my domains" as checking that box is.
Hell, why not have on option to make domains non-transferable, no matter what anyone does, including the owner.
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