Review on Namecoin by Игор Василев
Namecoin thinking project
Namecoina syn. Bitcoin is a cryptocurrency acquired through software. The Namecoin project is based on the Bitcoin code. The proof algorithm is also used for the same work. Unlike Namecoin Bitcoin, registration information is stored within the blockchain database. Internet Freedom of Speech Censorship Resistance. Profitable for investment. The project is different from other blockchain projects. Purchase dowen names for personal information. It has also taken its first steps for a decentralized web. Namecoin is distinguished by having unparalleled security. That is, services and encryption have great security methods that adapt to a company that can be used in any ecosystem. Being a feasible project helps to facilitate market operations. And a fair project to always protect its privacy.
Pros
- Take advantage of several of the methods the ecosystem offers
- The platform is great
Cons
- It needs to be updated from time to time
