Posts Tagged ‘ICANN’

5
May

Namecoin

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