Namecoin is now the safest "alternate cryptocurrency"? - page 2.

cruikshank

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Quote from: Thndr on October 11, 2011, 11:44:02 AM

Well it'll still be an alternate currency, however with the price differences it'll be the lower value currency.

Basically Bitcoin would be Gold, and Namecoin would be silver.

It also sounds a part of an Abbott and Costello joke: http://www.youtube.com/watch?v=sShMA85pv8M
"What is the name of it?" "NameCoin!" "Yes, what is the name of the coin though?!"

MaGNeT

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Quote from: Thndr on October 11, 2011, 11:44:02 AM

Well it'll still be an alternate currency, however with the price differences it'll be the lower value currency.

Basically Bitcoin would be Gold, and Namecoin would be silver.

I always liked silver Wink

Thndr

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Well it'll still be an alternate currency, however with the price differences it'll be the lower value currency.

Basically Bitcoin would be Gold, and Namecoin would be silver.

ElectricMucus

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Well it stopped to be 'alternate' at this point. I can see it to be widely accepted by the bitcoin community (whats left of it by then) in 1-2 months.

MaGNeT

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I was thinking about this when I took a look at http://allchains.info

There is about 1.5 Thash/s mining-power available for Namecoin and it's still growing while bigger pools implement merged mining.
Slush is already offering "merged mining" and it seems to work.

At first, I guess this will bring down the value of Namecoin because, now difficulty is low, there are too many Namecoins created atm.
But when difficulty goes sky high and safety increases, doesn't it look like a very safe coin to pay with or invest into?

Other chains got +51% attacks, but am I right if I say Namecoin is out of the dangerzone and can almost be compared to Bitcoin safety-level?

Please share your thoughts!

Topic: Namecoin is now the safest "alternate cryptocurrency"? - page 2. (Read 3339 times)