I am using namecoin to resolve bittorrent sync secrets in my distributed browser Syncnet: https://github.com/jminardi/syncnet It was fairly easy to integrate
Stupid question: does resolving a Namecoin domain name involve downloading the whole blockchain or is it handled by third party servers?
Related question: Is there a Bitcoin wallet where the blockchain resides on a server and the client is only used for signing transactions, with the server never seeing the public key, ever? That would be pretty damn useful.
Why not use the open source Clearskies instead of BTSync? https://github.com/jewel/clearskies
Did you intend to link to a repository of markdown files?
I don't know anything about the project but it looks like there is a working implementation of the protocol in ruby in that linked repository (just not in the master branch).
There is also an in-progress c++ implementation of the protocol in a different repo [1].
Even so, it's pretty clear that the thing isn't ready yet and even states that it shouldn't be used for anything other than test data.
Stupid question: does resolving a Namecoin domain name involve downloading the whole blockchain or is it handled by third party servers?
Related question: Is there a Bitcoin wallet where the blockchain resides on a server and the client is only used for signing transactions, with the server never seeing the public key, ever? That would be pretty damn useful.
There are several. Electrum is the most popular desktop one.
Related question: Is there a Bitcoin wallet where the blockchain resides on a server and the client is only used for signing transactions, with the server never seeing the public key, ever? That would be pretty damn useful.
There are several. Electrum is the most popular desktop one.
Participating in Datacoin sounds legally dangerous. All a miscreant needs to do is include into its blockchain some files that are illegal to possess, and everyone is potentially in trouble. It would be like this, but worse: http://www.dailydot.com/business/bitcoin-child-porn-transact...
Such link could be sent with a bank transfer too - I don't think you could then claim the bank holds and spreads the links to child abuse. Or could you?
That's an interesting scenario, and I don't know how much distinction is made between possession of illegal material and possession of a means of instantly retrieving it.
Datacoin has the storage capacity to include the actual images as part of the blockchain though, not just (probably quite ephemeral) links to such.
We are still working on the exact mechanics (open to suggestions!), but the simple first model is: - The price starts at 0 and people bid it up to the market value - If someone makes a bid B1, then someone makes a next bid B2 = B1 + D, then person 1 receives (B1 + D/2) and the remaining D/2 gets paid as fees to network (and thus become shareholder dividends) - This incentivizes people to bid up the price to what they…
So if I buy a cheap unused nonsense word domain (say wikipedia.org) and turn it into a valuable domain by making a popular website many people visit and link to, 'the network' gets to shake me down because wikipedia.org is worth $20,000,000 now instead of the $20 I paid for it? And as an end user, I don't know if visiting or e-mailing wikipedia.org will take me to an encyclopedia or a cybersquatter or a porn site? Wh…
Not sure what you mean exactly but it works like that :
Once you buy your domain at 20$ is is yours and you do whatever you want with it. The bidding auction applies only the first time you buy it nobody can touch your domain name one you purchased it.
Domain hijacking is impossible without access to the private key that controls the information written in the blockchain concerning that domain. If somebody gets your private key, they can "steal" your website away from you, sure. Just don't let anybody access your private key.
So, your answer is - if your domain does get hijacked, then you're out of luck unless you pay the hijacker? That's a serious flaw. Most people don't want their technical infrastucture to be immune to law enforcement, just the contrary.
That's not my answer.
That's how Namecoin works.
Namecoin is just a name/value store system. That's it. It might not be perfect for DNS but it's being used for other things like https://onename.io right now.
The public can choose to use it in it's current implementation or build a better way of dealing with domain hijacking should they so choose.
So, your answer is - if your domain does get hijacked, then you're out of luck unless you pay the hijacker? That's a serious flaw. Most people don't want their technical infrastucture to be immune to law enforcement, just the contrary.
That's not my answer. That's how Namecoin works. Namecoin is just a name/value store system. That's it. It might not be perfect for DNS but it's being used for other things like https://onename.io right now. The public can choose to use it in it's current implementation or build a better way of dealing with domain hijacking should they so choose.
Sure, it has a wide variety of niches which it fits greatly, and where it can be successfully used - but if anybody considers it as a solution to obsolete ICANN, as the original article proposes, then it's an entirely different ballpark than being just a name/value store; and rather different criteria for success.
I am using namecoin to resolve bittorrent sync secrets in my distributed browser Syncnet: https://github.com/jminardi/syncnet It was fairly easy to integrate
Hey nice - i've posted an Article at Namecoin @ Facebook: