Review on Namecoin by Enoch Ogbudu

Namecoin is a digital cryptocurrency which got its features from bitcoin software,that is why it uses the same proof of work algorith of bitcoin and it uses just 21million coins Namecoin can store information inside its own blockchain exchange data set. The first proposition for Namecoin called for Namecoin to embed information into bitcoin's blockchain straightforwardly. Expecting scaling hardships with this methodology, a common proof-of-work (POW) framework was proposed to protect new cryptocurrency forms of money with various use cases.Namecoin is an exploratory open-source innovation which further develops decentralization, security, restriction opposition, protection, and speed of specific segments of the Internet foundation like DNS and characters.



Namecoin is a key/esteem pair enlistment and move framework dependent on the Bitcoin innovation.

I recommend namecoin because it is a profitable investment based on my experience this past years.namecoin can be used to transfer and record arbitrary keys or names in a secured format.