Namecoin (NMC)

Namecoin

(NMC)

Information:

Blockchain: Namecoin
Ticker: NMC
Type: Cryptocurrency
Proof type: Proof-of-Work (PoW)
Algorithm: SHA256
Block time (sec): 600

Market Cap:

$5 622 388

Supply:

Circ.*: 14 736 400
Total: 14 736 400
Max: 21 000 000

Explorers:

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What is Namecoin?

Namecoin is an experimental open-source technology which improves decentralization, security, censorship resistance, privacy, and speed of certain components of the Internet infrastructure such as DNS and identities.
(For the technically minded, Namecoin is a key/value pair registration and transfer system based on the Bitcoin technology.)

What can Namecoin be used for?
-Protect free-speech rights online by making the web more resistant to censorship.
-Attach identity information such as GPG and OTR keys and email, Bitcoin, and Bitmessage addresses to an identity of your choice.
-Human-meaningful Tor .onion domains.
-Decentralized TLS (HTTPS) certificate validation, backed by blockchain consensus.
-Access websites using the .bit top-level domain.
-Proposed ideas such as file signatures, voting, bonds/stocks/shares, web of trust, notary services, and proof of existence. (To be implemented.)

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