How to use Namecoin @NamecoinDotInfo #Crowdify #Tools

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Namecoin  is specially a cryptocurrencie service like Bitcoin, Dogcoin etc . But bit coin has a different method like it decide and it work with DNS system or domain system.Namecoin is divisible down to 8 decimal places.Namecoin currently uses the .bit domain. Dot bit domains are not currently awarded, hence to resolve domain names, one must have either a copy of the Namecoin “block chain” , or access to a public DNS server that participates in the Namecoin system.Namecoin uses modified Bitcoin software, and like Bitcoin there is a limit of 21 million Namecoins.




Merged Mining & Addresses-
Namecoin use peer to peer system to handle their network. Indeed, proofs of work for Namecoin are valid proof—of-work for Bitcoin and miners can mine both currencies at the same time,a practice known as merged mining. Virtually all Bitcoin miners merge-mine Namecoin as well.Proposed potential uses for Namecoin besides domain name registration include:Identity systems, Messaging systems, Personal namespaces, Notary or timestamp systems , Alias systems.Payments in Namecoin are made to addresses (based on digital signatures). Addresses are human readable strings of 33 numbers beginning with the letters N or M .This makes Namecoin pseudonymous, but not anonymous.


What Is Namecoin?-

Visit – Namecoin

Do you have any tips for using Namecoin? Please add them to this list. Please vote up or down any tips that are already here. Thank you!

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Tips for using @ Namecoin #Crowdify #GetItDone

Tips for using @ Namecoin #webtoolswiki

Do you know any Namecoin alternatives? Please add the names of each tool to this list and help others to find them and try them out. Please vote up or down any alternative so we find the most popular ones. Thank you!

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Your suggestions for alternatives to @Namecoin #webtoolswiki

Your suggestions for alternatives to @Namecoin #webtoolswiki


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