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Bangladesh
1 Level
1075 Review
2891.25 Karma

Review on Namecoin by Robiul Islam

Revainrating 3 out of 5

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. To buy domain names without leaving personal data to ICANN is an important first step towards the decentralized internet. Namecoin eliminates Domain Name System surveillance, domain names are transcribed into blockchain and to buy a domain name is low cost, privacy has a high level with Namecoin, all these aspects are very important. Namecoin is a one of the best blockchain projects in this moment.



Updated 5 years ago
Rating has not been changed
They need to have a marketing department. NMC is the first altcoin and it needs to be marketed as such. Look so small volume and price going down. Price of NMC on exchanges is currently $0.81 right now nobody going to buy!

They released Electrum-NMC v3.3.6. This release including improved name management GUI, improved anonymity, improved code quality, and experimental Android and AppImage support.



Pros
  • • Decentralized TLS (HTTPS) certificate validation, backed by blockchain consensus. • Access websites using the .bit top level domain. • Human-meaningful Tor .onion domains. • Cheap Domain Names. • Privacy has a high level . • Domain names are transcribed into blockchain. • Domain name renewals are Free.
Cons
  • •Official forum isn't updated on a regular basis. •Multisig, Offline signing.