Knowledge (XXG)

Namecoin

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In July 2019, OpenNIC again voted on dropping the .bit namespace, citing "numerous problems with support of NameCoin domains" and recent animosity between the two projects. The vote passed. Namecoin developer Jeremy Rand welcomed the move, thanking OpenNIC and describing it as the "right decision".
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On block 19200 Namecoin activated the merged mining upgrade to allow mining of Bitcoin and Namecoin simultaneously, instead of having to choose between one or the other; this fixed the issue of miners jumping from one blockchain to another when the profitability becomes favorable in the former.
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In October 2013, Michael Gronager, main developer of libcoin, found a security issue in the Namecoin protocol, which allowed modifying foreign names. It was successfully fixed in a short timeframe and was never exploited, except for bitcoin.bit as a proof-of-concept.
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provider to allow logging into existing websites with Namecoin identities. The main site itself is accompanied by an open protocol for password-less authentication with Namecoin identities, a corresponding
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is expected to conform to the DNS namespace specification. As of 2015, the fee for a record was 0.01 NMC and records expired after 36000 blocks (~200 days) unless updated or renewed.
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joined the discussion in the BitcoinTalk forum and supported the idea of BitDNS, and a reward for implementing BitDNS was announced on the forum in December 2010.
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Enterprise Applications and Services in the Finance Industry: 7th International Workshop, FinanceCom 2014, Sydney, Australia, December 2014, Revised Papers
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Two years later, in June 2013, NameID was launched. NameID allows to associate profile information with identities on the Namecoin blockchain, and an
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Kirillova, Elena Anatolyevna; Pavlyuk, Albert Valentinovich; Mikhaylova, Irina Aleksandrovna; Zulfugarzade, Teymur E.; Zenin, Sergey S. (2018).
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Each Namecoin record consists of a name and a value. Each name is actually a path, with the namespace preceding the name of the record. The key
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In September 2010, a discussion was started in the BitcoinTalk forum about a hypothetical system called BitDNS and generalizing bitcoin.
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In December 2018, a proposal was tabled on the OpenNIC mailing list to drop support for Namecoin .bit domains., citing
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In the same month, OpenNIC was advised to drop support for .bit namespace owing to security concerns of Namecoin and
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from some .bit domains, as well as concerns about potential child pornography. The vote did not reach a consensus.
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Chang, Tao-Hung; Svetinovic, Davor (2016). "Data Analysis of Digital Currency Networks: Namecoin Case Study".
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A peer-to-peer network similar to handles Namecoin's transactions, balances and issuance through a based
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bitcoin.bit name operation is in tx-id 2f034f2499c136a2c5a922ca4be65c1292815c753bbb100a2a26d5ad532c3919
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A 2015 study found that of the 120,000 domain names registered on Namecoin, only 28 were in use.
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Kalodner, Harry; Carlsten, Miles; Ellenbogen, Paul; Bonneau, Joseph; Narayanan, Arvind (2015).
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Blocks and Chains: Introduction to Bitcoin, Cryptocurrencies, and Their Consensus Mechanisms
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in a public report as the most well-known example of distributing control and privacy in
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2016 21st International Conference on Engineering of Complex Computer Systems (ICECCS)
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Judmayer, Aljosha; Stifter, Nicholas; Krombholz, Katharina; Weippl, Edgar (2022) .
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The Blockchain Alternative: Rethinking Macroeconomic Policy and Economic Theory
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Proposed potential uses for Namecoin besides domain name registration include
362: 1375: 1314: 823: 2404: 2306: 2233: 2139: 1991: 1571: 745:"[announce] Namecoin - a distributed naming system based on Bitcoin" 618: 513: 275: 98: 2736: 2399: 2379: 2359: 2349: 2344: 2268: 2228: 2207: 2070: 2050: 2044: 2024: 2001: 1971: 1901: 1891: 1886: 1846: 1837: 1822: 1812: 1714: 454: 744: 2547: 2512: 2469: 2364: 2339: 2311: 2085: 1827: 1792: 691: 658: 543: 494: 343: 295: 2522: 2449: 2369: 2354: 2301: 2105: 2039: 1931: 1881: 1862: 1443: 974:"Could the Bitcoin network be used as an ultrasecure notary service?" 777: 645: 614: 1624: 1508:"Bitcoin, Lifecoin, Namecoin: The Legal Nature of Virtual Currency" 1135:"Drop OpenNIC (!2073) · Merge Requests · PRISM Break / PRISM Break" 377: 2552: 2490: 2474: 2434: 2419: 2374: 2090: 1915: 1783: 669: 512:
system was proposed to secure new cryptocurrencies with different
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algorithm. Like bitcoin, it is limited to 21 million coins.
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Understanding Bitcoin: Cryptography, Engineering and Economics
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Namecoin's flagship use case is the censorship-resistant
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Haferkorn, Martin; Quintana Diaz, Josué Manual (2015).
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Cryptocurrency, whose blockchain operates the .bit TLD
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value is found, at which point a block is created).
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Internet Corporation for Assigned Names and Numbers
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In Lugmayr, Artur (ed.). 972:Kirk, Jeremy (2013-05-24). 889:Dourado, Eli (2014-02-05). 2825: 686:' (and by extension other 2667: 2644:Initial exchange offering 2619:Decentralized application 2599:Cryptocurrency in Nigeria 1358:10.1007/978-3-319-28151-3 1297:10.1007/978-3-031-02352-1 1228:(in French). 2019-08-01. 96: 2649:List of cryptocurrencies 2536:Crypto service companies 2327:Cryptocurrency exchanges 590:website. The content of 2804:Cryptocurrency projects 1572:10.1109/ICECCS.2016.023 493:originally forked from 2584:Complementary currency 1690:Decentralized exchange 1675:Cryptocurrency tumbler 1471:Franco, Pedro (2015). 828:repositum.tuwien.ac.at 482: 423: 137: 2639:Initial coin offering 2594:Cryptocurrency bubble 2125:Basic Attention Token 1695:Decentralized finance 1680:Cryptocurrency wallet 483: 424: 138: 2634:Environmental impact 2604:Cryptocurrency scams 1566:. pp. 122–125. 1141:. 19 December 2018. 715:Alternative DNS root 470: 411: 125: 2289:Inactive currencies 326:Timestamping scheme 312: (13 years ago) 237: (13 years ago) 93: 2809:Domain Name System 1749:Proof of authority 1720:Non-fungible token 1700:Distributed ledger 1291:. pp. 47–49. 725:Non-fungible token 688:antivirus software 608:Domain Name System 497:software. It uses 478: 419: 310:17 April 2011 282:Development status 257: (3 years ago) 235:18 April 2011 224:Original author(s) 133: 2711: 2710: 2531: 2530: 2010: 2009: 1710:Lightning Network 1581:978-1-5090-5526-5 1488:978-1-119-01914-5 1453:978-1-4842-2673-5 1418:978-1-63081-013-9 1367:978-3-319-28150-6 1306:978-3-031-01224-2 448: 447: 89: 88: 81: 2816: 2776: 2775: 2774: 2764: 2763: 2752: 2751: 2750: 2740: 2739: 2728: 2727: 2726: 2719: 2699: 2698: 2687: 2686: 2675: 2674: 2659:Virtual currency 2609:Digital currency 2589:Crypto-anarchism 2481: 2234:HBAR (Hashgraph) 2217:Other currencies 1853:Ethereum Classic 1780: 1656:Cryptocurrencies 1649: 1642: 1635: 1626: 1621: 1620: 1618:Official website 1606: 1604: 1603: 1597: 1592:. Archived from 1552: 1546: 1545: 1539: 1534:. 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