Topic: [announce] Namecoin - a distributed naming system based on Bitcoin - page 44. (Read 597092 times)

Seems it'll be another few days, as one of the developers requested changes to the news post I wrote, so the review process has to be restarted.  Apologies for the delay on this -- I realize people are interested in hearing how things went.

While I'd love to see better public relations effort for Namecoin, our previous experiments with having technically non-proficient people do marketing on our behalf ended up doing more harm than good.  So I don't foresee that happening again.  Technically proficient people tend to perceive development as more productive (or just more fun) than marketing, so the technically proficient Namecoin community members haven't done a lot of marketing work.  I'd love to hear suggestions on how we could do a better job on this.

A summary of how things went at ICANN58 (including my slides) should be posted in circa 2-3 days.  (It's already written, I'm just giving the other Namecoin devs a few days to request any changes that might be needed.)  Sorry for the delay -- as with most free software projects, writing stuff in English tends to take a backseat to writing stuff in (insert programming language here).

Agree on that. Definitely need some marketing, website revamp, make it more user friendly. And a lot of social media exposure.

So will namecoin be activating segwit?Btw is there any bootstrap.dat?

The beta wallet is now the latest version https://www.namecoin.org/download/ and it's perfectly fine to use for users. In fact miners should use it or the previous 0.13rc1 to activate BIP65, only then they will release a new beta to enable BIP9, after that there will be a final release with the bitcoin softfork support that allows segwit enabled...


Blockchain folder is 4gb. **You can activate prune if you use the latest beta**. In fact if you update from an old wallet you will get twice the blockchain, and you'll have to manually delete the old blockchain from the root folder at appdata/roaming/namecoin/*.blk. the new blockchain format is inside two subfolders.

*Edited: Beta wallet is now on main download page.

I'm a little concerned about the new Core wallet. Will they be releasing one soon that isn't a pre-release test build? Perhaps there is information somewhere about this, but I can't seem to find it. 

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?