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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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Cointelegraph spoke to Michael Dean, BipCoin developer, about the future of censorship-proof domains.

BipCoin to Provide “Censorship-Proof DNS,” Succeed Where NameCoin Failed

Joël Valenzuela

2016-12-23T14:00:00+00:00

1559

Onename made a big announcement on September 12 at the Blockstack Summit 2015. Co-founder, Muneeb Ali, revealed during his keynote presentation that the Namecoi...

Onename Drops Namecoin, Switches to Bitcoin

2015-09-14T10:22:35+01:00

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What will the Internet look like in 10 years? Or 50? If the Internet's rapid evolution so far is any indication, it won't be the Internet we know today.

How Cryptocurrency Can Decentralize the Internet, Fight Corruption

2015-08-05T12:33:11+01:00

635

Users of Vaultoro are now able to purchase physical gold with Bitcoin and 35+ altcoins, including Dogecoin, Litecoin, Namecoin, Monero and others. The bitcoin g...

How to ‘Avoid Fiat Entirely’ When Buying Gold, Altcoins

2015-06-05T13:10:24+01:00

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Namecoin, the first fork of Bitcoin, is an information transfer and protection system which uses namecoins (NMC) as its currency.

2015-05-23T17:55:00+01:00

697

Distributed identity database Onename, has announced Passcard, a new identification method for the digital era that holds the ambition of becoming our "all acce...

Passcard Wants To Be Our 'All Access Pass to Everything' for Digital Age

2015-05-12T15:05:12+01:00

1066

Daniel Ternyak, CEO and founder of the “no nonsense” .bit domain name registrar GetDotBit, launched his project on April 23.

GetDotBit Has Registered Over 700 Decentralized .Bit Domain Names, and Counting

Cheryl Hulseapple

2015-05-10T10:49:58+01:00

2395

If not for DNS (domain name systems), very few people would be able to visit Cointelegraph.com. They'd have to know that our server's IP address is something li...

Can Netki Do For Bitcoin What DNS Did For The Internet?

Amanda B. Johnson

2015-05-08T09:04:00+01:00

1361