Has anyone created an easy to use name coin registration system so non-technical people can register names? It seems like that would be a good opportunity?
Can Namecoin obsolete ICANN (and more)?
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Re: Can Namecoin obsolete ICANN (and more)?
#32Has anyone created an easy to use name coin registration system so non-technical people can register names? It seems like that would be a good opportunity?
There is https://dotbit.me/ , but who knows how reputable that site is? Just as Bitcoin needed something like Coinbase, the Namecoin ecosystem needs a web wallet with reputable backing.
A non technical user shouldn't even have to own or even know about name coins.
They simply want a way to register a cheap, non-censorable domain, right?
I'm imagining someone would make a service that offers that.
Re: Can Namecoin obsolete ICANN (and more)?
#33Earlier quoted context omitted.
All the blockchain is local. The time taken to resolve a key->value pair is the time your software takes to decode information from your disk; it's nothing compared to DNS. Change propagation, on the other hand, is as long as blocks can travel from peer to peer.
Hmm - if your ISP has a good DNS, and has a cache hit on your DNS request, versus if you have to seek your HD, the DNS might be much, much faster. http://www.eecs.berkeley.edu/~rcs/research/interactive_laten... Round trip in same datacenter: 500,00ns. Disk seek: 4,000,000ns. You have to lean on the numbers pretty hard to make the DNS faster, but it's possible it could be faster than your local disk.
Re: Can Namecoin obsolete ICANN (and more)?
#34Can I register google.bit, facebook.bit, apple.bit, oracle.bit, and microsoft.bit for a total of $0.25? Can they do anything to get it back?
They could ask very nicely for ownership of them, or perhaps send you a court order depending on what country the both of you were located in. But unless you provide them with the private key or fail to renew your registration... nobody should ever gain control of any .bit domain.
A Kraken.com dev looking into the namecoin code found a flaw and declared on the Namecoin blockchain that "Namecoin died October the 15th 2013, coinslayer" by re-writing the DNS values for the very first .bit domain ever registered (which is bitcoin.bit).
The flaw allowed for some people to "steal" domain ownership, but a patch was put through and everything is back to normal now. As far as I know, all domains are back in the hands of the original registrars.
This link shows the entire debacle taking place: http://explorer.namecoin.info/n/1
Re: Can Namecoin obsolete ICANN (and more)?
#35I have been looking at *coins for a while and the implications of the blockchain-based concensus system are interesting. The system really maps the real world onto computers very well, in that it reduces what used to be technical issues to "political" issues. These systems work on concensus, and as such, require a significant amount of interested parties to work in the expected way. They are very much subject to netw…
"Enter The Blockchain: How Bitcoin Can Turn The Cloud Inside Out"
http://techcrunch.com/2014/03/22/enter-the-blockchain-how-bi...
What I'm interested in the most would be a new way to do Email. P2P and secure. I can't believe that most of us are still sending Email unencrypted but then again can you really blame us? PGP has failed not only in its main use case (trust in people, really?) but most of all in terms of usablity.
Re: Can Namecoin obsolete ICANN (and more)?
#36Re: Can Namecoin obsolete ICANN (and more)?
#37Whitepaper and FAQ are not quite up to date but you get the idea. From: https://github.com/nmushegian/dns/blob/master/whitepaper.md#...
- Namecoin issues new coins to miners as a reward for performing merged mining with the Bitcoin network. The namecoin supply is being inflated at nearly 30% per year for several more months, then over 10% for the next several years. Domainshares only ever shrink in supply, when fees are destroyed as implicit dividends.
- Namecoin attempts to service multiple namespaces at once. .p2p is highly specialized for servicing the .p2p TLD namespace. The use case is the same as Namecoin's "d/" namespace, which is used for the .bit TLD.
- Namecoin's name registration price is fixed at any given time and is independent of the name itself. Domainshares utilizes an auction-like mechanic to incentivize price discovery for names, making sure the final owner pays what it is actually worth. The majority of the final cost will have gone to the network as dividends by the time the auction is over, with a small fraction having gone to bidders as a reward for price discovery.
- As a result of the fact that domains are expensive and there are dividends on shares but not domains, there is a high opportunity cost to squatting: holding a domain without making good use of it.
Re: Can Namecoin obsolete ICANN (and more)?
#38Why is it called Namecoin and not something like Bitname or Bitdomain?
Some chose to refer to it as the dot-bit project as well.
I have never seen any arguments over the name.
namecoin == nmc == dot-bit
Re: Can Namecoin obsolete ICANN (and more)?
#39Yes. Very true. For anyone interested in the above statment i'd highly recommend checking out http://twister.net.co/ - a decentralized micro-blogging spin-off of bitcoin. Unbelievable innovation is happening!
Re: Can Namecoin obsolete ICANN (and more)?
#40There is a reason the root nameservers only delegate the act of name lookup at the top level. It's just not practical for them to have a complete list, and it's not even particularly desirable for users of it to have their list of names completely public (think internal servers).
It is possible to name a delegate nameserver through namecoin, I believe, but last I looked it was a bit iffy and it doesn't require any kind of authentication of results from the delegated nameserver a-la dnscurve.