Topic: [announce] Namecoin - a distributed naming system based on Bitcoin - page 43. (Read 596107 times)

Nice action today, riding LTC coat tails?

So far coins have risen on pumps by speculators / pumpers.

A coin can be pumped only when it can be cornered, when a pumper can buy up a substantial amount of the coin then not have to worry about sellers selling into their pump. There are literally hundreds of examples of utterly worthless coins that somebody has bought 70% of and which can be pumped and dumped in cycles for a reliable profit.

Namecoin is one of the original innovative coins, in fact after bitcoin it is probably the biggest innovation. Bitcoin showed the public a new economy that is safer from predatory types of gangs and Namecoin does the same but adds an internet to the economy.

So far all of the coins that have been pumped, all of them, are lower quality coins, but their markets are controllable, cornerable. Look at the chart for bitcoin and you will see a fairly honest technical picture, with a few exceptions where high level Chinese have released news to push the price down temporarily. If you look at the chart for a coin like Namecoin you will see a longterm erosion as short term speculators leave for lower quality more profitable coins. This decline would only be expected to end when crypto is at the cusp of a broader adoption and educated speculators expect a shift back into quality.

It looks like that phase is probably beginning.

why did this happen? whales?

So any news come out of the ICANN conference?

He said at least he was going to post his presentation slides.

is there really no light wallet?
and how big is the blockchain?

i dont want to buy coins without a lite wallet.

Unfortunately, no.  They have the basic code, but we need to do a hardfork first to make BIP9 (which is used to activate segwit) compatible with merge mining, so that the code is disabled for now.  Before we can proceed here, we need BIP65 (nVersion=4) to activate - currently running at 91% of the network hashrate, so close.

Pretty sure that all recent namecoin releases are fully-segwit enabled. It is just a matter of time before the miners switch over I suppose.

In the early days, name registrations had to actually burn a lot more coins (IIRC up to 50), so the real number is probably higher - but I have no number by how much.


If we ever run out (which I doubt will happen and I'm pretty sure you don't think so either), we could also just hard fork to increase the block reward.  That would have the same effect and might be a simpler solution; but anyway, that's not going to happen.

Well the Icaan meeting is over, and no price movement. Guess it was priced in already.

Trying to figure out if there is some practical use for this https://nameid.org/

There are nearly 10,000,000 name_new transactions on the blockchain. One single name_new tx burns 0.01 NMC. Therefore around 100,000 NMC have been burned.

Technically speaking these 100kNMC haven't been burned, they are just inaccessible. If we ever run out of NMCs because of a future large-scale usage of Namecoin we could do a hard fork and purge all the expired, abandoned, unused or erroneously issued name_new transactions. This would release those inaccessible NMCs to be reused. A hard fork requires the approval of the miners/mining pools, though.

https://decentralize.today/the-future-of-us-zeronet-ted2017-6c0fdc74705b#.d1co27c6s

Zeronet is giving a presentation @ TED2017

This should give quite a bit of positive exposure for Namecoin and .bit

NMC under $1 is a hell of a deal IMO

Question: How many NMC have been burned for domain registration to date?

appreciate the offer, but I think I'll hold!

just sunk some BTC into NMC too.

I'm anticipating good news when the ICANN Conference is over. 

You don't even need to build a new plugin, you just need to configure FoxyProxy plugin with the right settings .... I built something like that in 2011. There are other Namecoin specific plugins out there now I think.

Its honor to be part of Namecoin! Let be honest, I'm very excited for ICANN, also what deals it make with NMC and that they got intrested in namecoin from beginning. You been keeping up the good work and development of the project for very long and as we know hard work allways pays out . I wish NMC dev best luck from my heart, keep it up!

"Everything is subject to change. Being is always becoming."

Wishing the Namecoin team the best of luck after all their hard work and effort.

Someone mentioned it was added to some sort of alt19 fund of alts. Or something like that.

I just wish I could add a plugin to my browser to start accessing .bit domains. Something as simple as that.

People look up Bitcoin address balances on blockchain.info, why would it be difficult to do the same for .bit IP addresses the same way? Then map it to a plugin.

Greedy sheeps are following their greedy tycoons.

Why yesterday name is pump?
No news, but ghrow was be. Hmmm