Topic: Namecoin questions. (Read 579 times)
I believe all the coins are waiting for a miracle these days
As it turns out, just having a "bit" address in itself is not so interesting, from a user perspective. Yes, it's censorship resistant, but the fraction of people having to deal with censorship of their domain is very small. There has been some buzz in Silicon Valley about onename.io, and Namecoin gets mentioned quite frequently. But in terms of actual development there is not so much going on. Actually in cryptocurrencies the sum total of all new ideas is much smaller than one might assume. Most ideas don't work out for many reasons. The overall idea of BitDNS is extremely important. The actual Namecoin implementation less so, but the fact that the concept was proven to work is a milestone. I would encourage anyone to read the original BitDNS thread and think about these ideas. https://bitcointalk.org/?topic=1790.0
Thanks, the BitDNS thread is surely on my list of stuff to read! Thanks again for your input!
As it turns out, just having a "bit" address in itself is not so interesting, from a user perspective. Yes, it's censorship resistant, but the fraction of people having to deal with censorship of their domain is very small. There has been some buzz in Silicon Valley about onename.io, and Namecoin gets mentioned quite frequently. But in terms of actual development there is not so much going on. Actually in cryptocurrencies the sum total of all new ideas is much smaller than one might assume. Most ideas don't work out for many reasons. The overall idea of BitDNS is extremely important. The actual Namecoin implementation less so, but the fact that the concept was proven to work is a milestone. I would encourage anyone to read the original BitDNS thread and think about these ideas. https://bitcointalk.org/?topic=1790.0
Yeah, there isn't a lot of discussion about Namecoin these days despite it still being in the top 10 cryptos by market cap. I know it was one of the first altcoins to be developed and launched (if not the first) and even the great Satoshi himself had some influence in its development. I was going to make a thread asking pretty much the same thing, except mine was going to be titled "Why does nobody talk about Namecoin?" but now I won't post it seeing as this thread already exists.
Perhaps the namecoin channel on freenode would be the right place to ask, or just e-mailing the developers directly or going onto some of the namecoin forums.
I'm curious as to where namecoin is headed.
Yeah, there isn't a lot of discussion about Namecoin these days despite it still being in the top 10 cryptos by market cap. I know it was one of the first altcoins to be developed and launched (if not the first) and even the great Satoshi himself had some influence in its development. I was going to make a thread asking pretty much the same thing, except mine was going to be titled "Why does nobody talk about Namecoin?" but now I won't post it seeing as this thread already exists.
*bump*
anyone has some more info or insight?
thanks
anyone has some more info or insight?
thanks
According to coinmarketcap, Namecoin has a market capitalization of $ 23,641,881 (I guess it's just last price multiplied with available coins... anyway...)
It's ranked as coin number 8 at coinmarketcap, which means its relatively actively traded.
From what I can see here, there's some activity in terms of development:
https://github.com/namecoin/namecoin/branches
I see updates from March and May, so there seems to be work done on Namecoin.
However, I hear very little about it.
I see there's some activity here:
http://www.reddit.com/r/namecoin
http://forum.namecoin.info/
https://twitter.com/search?q=namecoin (not a good signal to noise ratio)
But mostly, it's quite silent about namecoin in comparison to many other coins.
So forgive me my ignorance, as I love the concept, but what's the general sentiment around here?
Is Namecoin actively developed and growing its userbase, or is it a dead end project?
What's the status of namecoin registered domains, and what about content and usage of those domains ? Is it increasing, decreasing or flatlining?
There's been a slow decline in the Namecoin price all year (http://www.cryptocoincharts.info/v2/pair/nmc/usd/btc-e/alltime), but it has flatlined for a while, and has recently slowly increased again. Is this increase due to mere speculation, or is there more substance associated with it?
What's the consensus of namecoins future? Is it dying, or is it thriving? I remember it was one of the first altcoins that brought interesting features onto the table.
It's ranked as coin number 8 at coinmarketcap, which means its relatively actively traded.
From what I can see here, there's some activity in terms of development:
https://github.com/namecoin/namecoin/branches
I see updates from March and May, so there seems to be work done on Namecoin.
However, I hear very little about it.
I see there's some activity here:
http://www.reddit.com/r/namecoin
http://forum.namecoin.info/
https://twitter.com/search?q=namecoin (not a good signal to noise ratio)
But mostly, it's quite silent about namecoin in comparison to many other coins.
So forgive me my ignorance, as I love the concept, but what's the general sentiment around here?
Is Namecoin actively developed and growing its userbase, or is it a dead end project?
What's the status of namecoin registered domains, and what about content and usage of those domains ? Is it increasing, decreasing or flatlining?
There's been a slow decline in the Namecoin price all year (http://www.cryptocoincharts.info/v2/pair/nmc/usd/btc-e/alltime), but it has flatlined for a while, and has recently slowly increased again. Is this increase due to mere speculation, or is there more substance associated with it?
What's the consensus of namecoins future? Is it dying, or is it thriving? I remember it was one of the first altcoins that brought interesting features onto the table.
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