Review on Namecoin by Gunay Ovezova
Namecoin is actually a cryptocurrency derived from Bitcoin.
The project is a digital award funded by Bitcoin programming. This depends on the Bitcoin code and similar confirmation of the work calculation.
Unlike Bitcoin, project data can be stored in its own blockchain exchange data set. Namecoin offers several improvements, such as the ability to store data within a blocking or merged mining data.
Leading use of Namecoin, control. Security is a high-end .bit, similar to the .com regions, but ICANN is an independent, regional name management service.
One of the main features of this project is its impressive website. The project website also contains more details about the project. Users can take the opportunity to find answers to any questions on this page.
Pros
- The wallets can now be copied to match the namecoin mainnet.
- A thought-provoking project for some blocking solutions.
- The work algorithm allows you to move away from the common center.
Cons
- There is no certain popularity in big markets.
