I was told that Apple is already doing it on Safari. ie, instead of showing full URL, they show only the domain name. What is wrong in it ? Well, you will see this page address as https://adminweb.org , no matter in which page you are on.
Is it good ? A lot of people at Google thinks that it could have some effect on phishing. Both positively and negatively. That could be the reason they are in two minds and have not implemented the NO URL thing yet. It have obvious security concerns. But hey, there is nothing new. We do that all the time in apps. We don't even get to see the domain name in the apps.