Posts Tagged ‘basics’
by adminadam in home
See more at weusenamecoins.com.
Quick Rundown of Namecoin:
- Used primarily for domain name registration
- Domains registered using Namecoin cannot be censored or shut down by ICANN, any government, or any other private entity
- Host your own website or use an out-of-jurisdiction VPS for greater resiliency against take-down requests
- Can also be used as a currency, for tips, etc.
- 21 million Namecoins total to be produced
- Mined and secured just like Bitcoin
- Transaction history kept forever in Blockchain public ledger