We are going to introduce system to map names to CRW addresses (i. e., scripts). There is a scheduled softfork for this from block: 600000 . Please update your Crowncoin wallets and deamons to be able to use this feature. New builds will be ready for download from
www.crowncoin.org on Monday.
What are the steps to register your name.Launch your Bitcoin Wallet go to the help tab - debug window
Type this to the command line:
1.
getnewaddress
-> mxqptH4hnXrsBms2eGhmLsMjZRwKRdTGZP
2.
name_register my-cool-name mxqptH4hnXrsBms2eGhmLsMjZRwKRdTGZP
-> (some txid)
3.
setgenerate true 1
name_getaddress my-cool-name
-> mxqptH4hnXrsBms2eGhmLsMjZRwKRdTGZP
4.
sendtoname my-cool-name 5
-> (some txid)
You need to send some small fee to the Crowncoin network.
1-3 symbols - 500 CRW
3-15 - 250 CRW
15-30 - 100 CRW
30-50 - 50 CRW
50-100 - 25 CRW
*) Internally, this works by using OP_RETURN outputs for name claims /
registrations to store the relevant data. This can be compared
technically a bit to how Counterparty and Mastercoin work.
*) The system will be first come, first serve. I. e., everyone is free
to register any still unclaimed name, and the first to do so for any
name can set the corresponding CRW address.
*) Once registered, the mapping between name and address is fixed. (It
is possible to implement an update in the future that allows owners to
change their names, but that is not part of the current plan.)
