Altcoins

NMC – Namecoin

—

by

admin
in

Namecoin LogoNMC – Namecoin

Namecoin is one of the first alternate cryptocurrencies based on bitcoin (sha-256) which offers additional features.

Namecoin = bitcoin + domain name services. Namecoin uses .bit domain name pool.

Windows QT wallet download:
http://namecoin.info/files/namecoin_win_vQ.3.72.zip

Official website: http://namecoin.info/

Always use the latest Namecoin client version from the official website to avoid issues.

Namecoin most important features:

  • Securely register and transfer arbitrary names (keys), no possible censorship!
  • Attach values (data) to the names (currently up to 520 bytes, will be extended)
  • Trade and transact namecoins, the digital currency NMC
  • Name/value pairs are stored in the blockchain attached to coins
  • Names are acquired through new transaction types – new, first-update and update
  • Names expire after 12000 blocks unless renewed with an update
  • No two unexpired names can be identical

Sample usages of Namecoin:

  • DNS: domain_name => domain_zone_configuration (also for i2p, Tor)
  • TLS: https like encryption and secure identification by Namecoin domain/ID/name
  • Alias/Identity: user_name => user_public_identity (email, name, gpg key, BTC-adress, etc)
  • Timestamping: document_hash => document_infos (name, hash, owner, etc)
  • Broadcasting / Messaging
  • Web of trust
  • Bonds, shares
  • Voting
  • Torrent tracker

Total coins: 21 million Namecoins (the same as bitcoin). Each Namecoin is divisible down to 8 decimal places.

Namecoin currently uses the .bit domain. As of January 2014, 123616 .bit domains have been registered.

Remember to use the lastest client version! Download it from official Namecoin site http://namecoin.info/

Comments

9 responses to “NMC – Namecoin”

  1. IXC – iXcoin | Altcoins

    […] is the first Bitcoin clone, created in May 2011 just a few weeks after the distributed DNS Namecoin. The iXcoin fork of Bitcoin was created by Thomas Nasakioto in May […]

    Reply
  2. craig elliott

    Why don’t you report to the boss the f b I will be around tomorrow.

    Reply
  3. mark

    Ive mined name coins, whats their value?

    Reply
  4. stancubog

    I think the Namecoin is about to die, because of the shrinking interest. There are better coins out there which are better.

    Reply
  5. Emerson

    Existe valor para essa moeda, comparando com o BTC, ou US$
    Estou em duvida sobre valores das moedas IXD e DVC tb, se alguem tiver informações à respeito delas, agradeço muito.

    Desde já Obrigado.

    Reply
  6. Opal Coin

    I was thinking that Namecoin will be worth much more!

    Reply
  7. All Buy,Sell AltCoinsCurrency | kismatcoin

    […] NMC – Namecoin […]

    Reply
  8. Grahmm Nash

    Yeah mine a bunch of em since they should be wortth over 7 million dollars US. Perhaps if we put some dead people’s faces on some people will line up around the block to buy Name Bits….
    NEW AND IMPROVED NOW WITH DNS!!

    Reply
  9. Classic Vintage Altcoins | Altcoins

    […] NMC – Namecoin […]

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *


This site uses Akismet to reduce spam. Learn how your comment data is processed.

Get ready to revolutionize your shopping experience with the incredible power of altcoins! Transform your digital assets into instant buying power at your favorite retailers. Now you can truly live the crypto lifestyle by getting gift cards for Amazon, Walmart, Doordash, Best Buy, Netflix, Apple, and many more, all with the altcoins in your digital wallet.

Altcoin Gift Cards

Buying gift cards with altcoins has become an increasingly popular way for cryptocurrency enthusiasts to bridge the gap between digital assets and everyday purchases. Platforms now exist that allow users to directly purchase gift cards for major retailers like Instacart, Kroger, Safeway, Uber Eats, Giant Eagle and many more using a variety of altcoins.

Top Altcoin Exchanges

Binance
ByBit
BitGet
Mexc
CoinEx

Latest posts

Buy altcoins with a credit card

Non-KYC cryptocurrency exchange offer a way to trade digital assets without providing personal identification, preserving user privacy and financial autonomy.

These platforms are important for individuals who value their anonymity, seek protection from data breaches, or live in regions with restrictive financial policies.

By allowing users to transact without extensive verification, non-KYC exchange empower people to maintain control over their personal information and financial activities.

by CurrencyRate.Today

Cryptocurrency debit cards offer an innovative bridge between digital assets and everyday spending, providing crypto enthusiasts with a practical way to use their holdings in the real world. These cards allow users to seamlessly convert their altcoins into fiat currency at the point of sale, enabling them to make purchases anywhere traditional debit cards are accepted. This convenience eliminates the need to constantly transfer funds between crypto wallets and bank accounts, making it easier to integrate altcoins into daily financial activities.

For altcoin enthusiasts, these cards represent a significant step towards mainstream adoption, as they can now effortlessly pay for groceries, dining, travel, and more using their preferred digital currencies. By offering the familiarity of a debit card with the benefits of cryptocurrency, these cards provide a user-friendly solution that combines the best of both traditional and digital finance worlds.

Get a cryptocurrency debit card