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Namecoin
reviews

: 5
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Price$ 0.77
Volume$ 67,010.04

About Namecoin

Namecoin s a cryptocurrency that is mined with Bitcoin software as bonus. It is based on the code of Bitcoin and uses the same proof-of-work algorithm. Unlike Bitcoin, Namecoin can store data within its own blockchain transaction database. Namecoin offers several innovation, such as the ability to store data within its blockchain or merged mining. Namecoin's flagship use-case is the censorship resistant top level domain .bit, which is functionally similar to .com domains but independent of ICANN, the main governing body for domain names.

Reviews (5)

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Type of review

namecoin was born as a solution to the problems of privacy of users, and…

namecoin was born as a solution to the problems of privacy of users, and especially the problems of espionage of the United States. In this sense, namecoin was born to protect privacy based on the…See more

Namecoin (NMC): it is a project thinking for some blockchain solutions.

Namecoin (NMC): it is a project thinking for some blockchain solutions, its algorithm of operation allows a total decentralization, which helps to manage better the market operations, it is a…See more

Long market trajectory

The main use of Namecoin is to buy and renew domain names, bit. This DNS is decentralized, it is resistant to censorship and cannot be closed. This is a valuable option for websites that carry out…See more

Final thought, i think this project on blockchain is unique, Namecoin is very…

Final thought, i think this project on blockchain is unique, Namecoin is very important for to protect the privacy online, people must to buy domain names without leaving their data around the web…See more

Another fork

- Namecoin is Bitcoin's forks. For this reason, its specification is not much different from its protoplast - having similar transaction confirmation times, and even the same organic number of coins…See more