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Can Namecoin obsolete ICANN (and more)?

theumlaut.com

41–50 of 92 posts

Re: Can Namecoin obsolete ICANN (and more)?

#41
post #22

So, what happens if your domain gets hijacked?

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.

Re: Can Namecoin obsolete ICANN (and more)?

#42

To me the real problem with namecoin for the purpose stated in the title of this post is that it doesn't emphasize delegation to near the degree necessary to achieve it. The current implementation is much more like the older name system in that it requires the list of canonical names to be distributed as widely as possible. There is a reason the root nameservers only delegate the act of name lookup at the top level.…

The realistic use case is to use a tree-structure similar to the one we have, then use namecoin as verification.

Re: Can Namecoin obsolete ICANN (and more)?

#43
Given the news around bitcoin one could imagine that stealing 'google.bit' out of the google wallet[1] would be a pretty lucrative target.

[1] No I don't really think Google would let that happen but Bob's Bakery Buns might and it could cost him his business.

Re: Can Namecoin obsolete ICANN (and more)?

#44

I'll plug BitShares DNS--a Namecoin competitor I am working on--here: http://nmushegian.github.io/dns/ Whitepaper 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 mor…

I like it

Re: Can Namecoin obsolete ICANN (and more)?

#45
post #24

I expect it will obsolete ICANN as effectively as AlterNIC, New.net, OpenNIC, etc. The technical fact that it is blockchain-based really doesn't make much difference as it's incredibly unlikely to be adopted worldwide, due to the network effect of the already-established domain name system.

The telegraph, MySpace, and AOL had network effects.

It's a hurdle, but it's not insurmountable. The question is whether namecoin provides anything sufficiently more appealing to all players to overcome that headwind...

Re: Can Namecoin obsolete ICANN (and more)?

#46

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

Why not use the open source Clearskies instead of BTSync?

https://github.com/jewel/clearskies

Re: Can Namecoin obsolete ICANN (and more)?

#48
post #47

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

This is interesting. Could the static HTML files connect to decentralized databases?

Almost certainly if there were a decentralized database that exhibited bitcoin / namecoin like behaviour.

Re: Can Namecoin obsolete ICANN (and more)?

#49
post #47

Earlier quoted context omitted.

This is interesting. Could the static HTML files connect to decentralized databases?

Almost certainly if there were a decentralized database that exhibited bitcoin / namecoin like behaviour.

Development has slowed to a crawl, but http://datacoin.info is still alive. It focuses on redundancy, as all participants have a full copy of the database, and so data amounts are small (1 datacoin = 20kb). Still, there's a potential use case there for text-only content.

Definitely looking forward to distributed storage apps; other projects in progress include BitCloud, MaidSafe, and Ethereum.

Re: Can Namecoin obsolete ICANN (and more)?

#50
post #10

Can 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?

No, you could not register those names. Because they are already registered. 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…

> No, you could not register those names. Because they are already registered.

Who are they registered by?

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