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NameCoin News

NameCoin is a storing system based on Bitcoin technology. The NameCoin cryptocurrency has many similarities with Bitcoin. For example, NameCoin’s value can’t be regulated and depends only on supply and demand, so it doesn’t have any fixed exchange rate. Besides that, NameCoin mining can be done the same way as Bitcoin, and the limit of issued coins is 21 million. The main differences of NameCoin and Bitcoin is the possibility of storing data within its own blockchain transactional database and the need of registering a unique domain name with a .bit address. The main issues appear with its choice of name because it can already be taken. Because of the domain name, it is almost impossible to turn off the system, as it would mean turning off the whole Internet.

Top News

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Michael Dean is host of the Freedom Feens podcast, but more importantly, he was one of the earliest (and loudest) advocates of Namecoin as a decentralized DNS s...

Why Namecoin Didn't Take Off: A Cautionary Tale

Amanda B. Johnson

2015-05-01T17:17:49+01:00

5045

FreeSpeechMe is a free and open-source browser plug-in that lets Firefox users do what was previously rather difficult to achieve: surf dot-bit (.bit) domains. ...

This Firefox Plug-In Lets You Easily Surf the Dot-Bit Web

Amanda B. Johnson

2015-04-29T15:37:53+01:00

1178

The Internet is one of the most underestimated inventions. At the very moment when it seems it has come to a point beyond which it can offer something new, the ...

History of Cryptocurrency, Part I: From Bitcoin’s Inception to the Crypto-Boom

2015-04-11T12:11:00+01:00

8333

Cryptostorm, the VPN (virtual private network) service providers, revealed to Cointelegraph that they’ve been using Bitcoin and Namecoin to power their portal t...

Cryptostorm VPN Unites White and Dark Webs, Supports Namecoin, Tor and I2P Domains

2015-03-31T16:24:00+01:00

987

Dutch bitcoin and altcoin brokerage Anycoin Direct expands its instant buying and selling service to an additional fourteen – predominantly Eastern European – c...

Bitcoin Brokerage Anycoin Direct Expands to an Additional 14 European Countries

Aaron van Wirdum

2015-03-24T12:02:13+00:00

1530

Cryptocurrency enables you to “be your own bank,” and banks are more than just a place to put your money—they're also a place from which to borrow. Pure-Central...

Pure-Central Facilitates Peer-to-Peer Crypto Lending

Amanda B. Johnson

2015-01-13T09:11:35+00:00

674

ShapeShift releases the Shifty Button, a tool allowing online merchants to start accepting payments in 11 different cryptocurrencies, including Bitcoin and lead...

ShapeShift Releases New Tool Allowing Merchants to Accept Payments in 10+ Cryptocurrencies

2015-01-07T12:42:37+00:00

1019

Belizean cryptocurrency exchange platform 247exchange.com adds Sofort Banking as one of its payment methods, allowing its customers to make instant purchases of...

Belize-based Digital Currency Exchanger Enables Instant Payments From Over 400 Banks in Europe

2014-10-03T18:28:54+01:00

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