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Review on Namecoin by Ernesto Palma

Revainrating 3 out of 5

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 project thinking to preserve the privacy at all times, the users are given the possibility to be invisible in the network, being able to use diverse mechanisms of privacy that nowadays are really necessary to avoid being tracked one of its main use is in a commercial way but directed to the private public, its processes generate tokens that are used for the payment of its services, it is easy to buy and supported by intelligent contracts that are executed in each new order, being able to maintain a stable registry, Namecoin is a service that offers many security methods in the network could generate automatically keys, registry, encryptions, security methods that can be used in any ecosystem of operation and adapted to the general needs of a company.



Pros
  • It guarantees in a certain way the digital freedom, but buying and managing their services, using their ecosystem and applying the methods they offer to achieve digital confidentiality.
  • certain similarity of another great project, but taking the best and integrating it to their platform and improved in many ways.
Cons
  • It lacks some popularity in the big markets, it is necessary to improve its advertising and increase its liquidity in the processes of buying its currency.