Topic: Namecoin prices plummeting - opinions? - page 2. (Read 15594 times)
Their long term strategy didn't seem to account for the possibility of MS dropping support. Sounds like a lot of stories from around that time where it was so profitable to just coast on stock price increases that nobody worried too much about the longer term outlook. There probably are some parallels to namecoin in there, speculative investment is all well and good but what really matters at the end of the day is whether some user base can actually access the name service and find some content they consider worthwhile.
If Wiki topic on Realname anyhow true, they suffered from behavior of their partner, - Microsoft. But it is not fully clear.
Namecoin is essentially filling a need that does not yet exist. The US gov't has been meddling with the internet more and more and wants to control whatever they can.
But to look at it another way, the benefit of dns seizure immunity doesn't necessarily have to be a key selling point in order for there to be an appeal for namecoin domains. The internet as seen from Google becomes progressively stupider over time, overflowing with SEO fluff and populated by high schoolers testing out their arguing skills. There can be a certain appeal to a site/server being a little out of the way, even if doesn't relate to anything remotely illegal or controversial.This is real ... exclusivity through obscurity. Hard to find corners of the net are now .... well hard to find, not like the good old days ... out of site of the googly-eyed all-seeing monster is nice.
Namecoin is essentially filling a need that does not yet exist. The US gov't has been meddling with the internet more and more and wants to control whatever they can.
But to look at it another way, the benefit of dns seizure immunity doesn't necessarily have to be a key selling point in order for there to be an appeal for namecoin domains. The internet as seen from Google becomes progressively stupider over time, overflowing with SEO fluff and populated by high schoolers testing out their arguing skills. There can be a certain appeal to a site/server being a little out of the way, even if doesn't relate to anything remotely illegal or controversial. A browser plugin is not really possible as DNS is set much deeper in any operating system, and for a good reason. It's the registry in Windows, specific files under /etc in Linux and so on. If a browser would be able to change the DNS resolution process, the Internet would be a much more dangerous place. Hacks galore !!! I run a commercial e-learning site, and within a few months of operation, we already had cases of DNS hijacking of registered clients asking them to pay more money. If the browser would be allowed to be "creative" with DNS, a thousand problems can emerge.
Browsers already do this. When you enter a domain in the URL bar of the browser they can interpret this however they want. Sometimes they lookup the domain in DNS. Sometimes they use a search engine. Sometimes they use 'keywords'. Ten years ago there was a system called RealNames. This was a way for people to register a 'name' with a location. It was effectively a DNS replacement. Browsers built this in and you could go to sites by just entering the 'RealName'. At one point they had $130 million of funding. Namecoin is similar to this in concept but is decentralized. From the wikipedia entry:
Quote
In effect, to users of Internet Explorer, RealNames became a domain registry which was capable of registering names that worked without needing to belong to a top level domain such as ".com" or ".net". RealNames and its backers expected this to be a lucrative source of income, and it raised more than $130m of funding for its venture.
It would be interesting to learn from the RealName experience - why it didn't succeed.
Wondering when Silk Road will start accepting Namecoins as well as Bitcoins? A extra layer of abstraction wouldn't hurt ... how hard would it be to trace something simultaneously through btc and nmc blockchains back and forward like?
During their 41 conference in Singapore last week, ICANN approved the motion to allow new generic top level domains (gTLDs) to be registered with their organization. That means any 'established' company would be allowed to register .WAHATEVER domain name. If .bit gTLD is registered through ICANN how head-to-head collision with namecoin network will be resolved?
The easiest solution I can see is to simply become so large before this option is made available that others won't *want* to register a .bit address for fear of collisions. I'd imagine the TOR folks are having this problem too, since .onion won't be unique to the TOR network any more. It might be worth asking them how they're getting around it?
Namecoin is essentially filling a need that does not yet exist. The US gov't has been meddling with the internet more and more and wants to control whatever they can.
Remember lawmakers talking about 'tax' on email like 15 years ago? I think domain name seizures will become increasingly common (we already saw major poker sites and seizure of a botnet earlier this year) and the need for a P2P DNS will be realized.
Remember lawmakers talking about 'tax' on email like 15 years ago? I think domain name seizures will become increasingly common (we already saw major poker sites and seizure of a botnet earlier this year) and the need for a P2P DNS will be realized.
I probably have a pretty vague idea of the workings of DNS resolution or browser plugins but intercepting addresses at least seems like plugin level stuff (ad blocker, net nanny style plugins) even if the next stages are not. Would it help if some intermediate server was involved, selectable by some setting in the plugin like how you might subscribe to an ad blocking list? It might not satisfy purists or those concerned about maximum anonymity, but it would let those nontechnical grampa users at least get a taste of web 1.95 as it were. Also, users who happen to desire a certain degree of 'filtering' for whatever reason could choose a server that caters to that.
During their 41 conference in Singapore last week, ICANN approved the motion to allow new generic top level domains (gTLDs) to be registered with their organization. That means any 'established' company would be allowed to register .WAHATEVER domain name. If .bit gTLD is registered through ICANN how head-to-head collision with namecoin network will be resolved?
If the goal was just to have namecoin links in some standardized form (e.g. nmc://) work properly within the browser, do you really need to make low level changes just to do that?
It doesn't mean much if it's a different URI. The browser needs to be instructed to translate such a URI and then perform DNS resolution to find the target address. Therefore this would have the same results - and problems. Or should we rewrite DNS for our purposes?
I'm as frustrated as you are about the lack of a smart solution, but I don't lose my hope.
Guys, 99% of people don't even know what the hell a browser is either, and yet 45% of the people use Firefox or Chrome. How do you think that happened? Well that's simple, the nerds installed them on every computer they were asked to fix. Same thing could happen with a browser plugin or whatever that resolves .bit domains.
A browser plugin is not really possible as DNS is set much deeper in any operating system, and for a good reason. It's the registry in Windows, specific files under /etc in Linux and so on. If a browser would be able to change the DNS resolution process, the Internet would be a much more dangerous place. Hacks galore !!! I run a commercial e-learning site, and within a few months of operation, we already had cases of DNS hijacking of registered clients asking them to pay more money. If the browser would be allowed to be "creative" with DNS, a thousand problems can emerge.
If the goal was just to have namecoin links in some standardized form (e.g. nmc://) work properly within the browser, do you really need to make low level changes just to do that?
Bitcoin has the "care about it" factor. I just don't care about Namecoins.
Not even the creator of Namecoins cares about Namecoins...Interesting... more info?
Bitcoin has the "care about it" factor. I just don't care about Namecoins.
Not even the creator of Namecoins cares about Namecoins... Guys, 99% of people don't even know what the hell a browser is either, and yet 45% of the people use Firefox or Chrome. How do you think that happened? Well that's simple, the nerds installed them on every computer they were asked to fix. Same thing could happen with a browser plugin or whatever that resolves .bit domains.
A browser plugin is not really possible as DNS is set much deeper in any operating system, and for a good reason. It's the registry in Windows, specific files under /etc in Linux and so on. If a browser would be able to change the DNS resolution process, the Internet would be a much more dangerous place. Hacks galore !!! I run a commercial e-learning site, and within a few months of operation, we already had cases of DNS hijacking of registered clients asking them to pay more money. If the browser would be allowed to be "creative" with DNS, a thousand problems can emerge.
Actually my reason for jumping into Namecoin was that I truly believe it is the superior block chain. I'm convinced that if Bitcoin and Namecoin both had started at the same time nobody would know about Bitcoin today. The only thing that Bitcoin has going for it is popularity.
I agree with that, and the possibilities that namecoin offers apart from DNS is its biggest strength. An alternative currency like Bitcoin can and will be very volatile because people can't help hot thinking about it as money, whilst a generic naming service can be extremely valuable (and not only as money) as soon as a killer application is discovered for it.
And BTW, I agree with previous posters that it's only a couple of months old, let's give it a little more time. Think that DNS itself took several years to be finalized and standardized (and it's not considered complete yet).
seriously...bitcoin is sexier...
what would you guys prefer, bittorrent or nametorrent?
what would you guys prefer, bittorrent or nametorrent?
I gotta stop coming to this forum.
seriously...bitcoin is sexier...
what would you guys prefer, bittorrent or nametorrent?
what would you guys prefer, bittorrent or nametorrent?
Namecoin is not only for DNS.
The plan is to make it a generalized distributed namespace.
There are a lot of uses for that.
The plan is to make it a generalized distributed namespace.
There are a lot of uses for that.
Not really. Bitcoin has a lot sexier name.
"Namecoin" is awful.
"Namecoin" is awful.
Quite right, that's a very strong point in favor of Bitcoin. Totally forgot that a sexy name is one of the most important prerequisites for the widespread adoption of a new technology.
I'm convinced that if Bitcoin and Namecoin both had started at the same time nobody would know about Bitcoin today. The only thing that Bitcoin has going for it is popularity.
Not really. Bitcoin has a lot sexier name.
"Namecoin" is awful.
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