Difference between revisions of "Namecoin"
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Then after twelve blocks (which could take a few hours or more - check the current block [http://explorer.dot-bit.org/stats/block_count.txt here]) register the name (you'll need a small NMC balance for this). This example shows a mapping of the naked domain and all subdomains to the Organic Design servers IP address. The hex number is the shorter of the two returned from the previous reservation command. | Then after twelve blocks (which could take a few hours or more - check the current block [http://explorer.dot-bit.org/stats/block_count.txt here]) register the name (you'll need a small NMC balance for this). This example shows a mapping of the naked domain and all subdomains to the Organic Design servers IP address. The hex number is the shorter of the two returned from the previous reservation command. | ||
| − | {{code|<pre>namecoind name_firstupdate d/organicdesign | + | {{code|<pre>namecoind name_firstupdate d/organicdesign c4c6f1023be10b36 '{"ip":"69.64.87.188","map":{"*":{"alias":""},}}'</pre>}} |
== See also == | == See also == | ||
Revision as of 05:42, 12 August 2012
Namecoin is a peer-to-peer generic name/value datastore system based on the bitcoin technology (a decentralizedCryptocurrency). Namecoin allows you to securely register names (domains for example) with no possible censorship, and trade namecoins, the digital currency NMC.
Dot-BIT, the first project using namecoin, is building a domain name system (DNS) using the .bit top-level-domain (TLD). Their goal is to spread .bit domains by providing resources and tools to the community, from developers to end users.
It is very useful to build the DNS system into the currency system because both are prone to corruption and control when they require a central authority to manage them. By making these decentralised and removing the requirement for a central authority we can have the foundation of a secure private internet and domain-name system which has the payment and registration system built in to it.
Contents
Namecoin exchanges
The best way to get namecoins is with bitcoins since it's still very early days for namecoin which means there's not much support for buying them with standard currencies like there is with bitcoin.
Installation and usage
Currently it's all done in shell with the namecoind daemon.
Namecoin domain names
Manual name registration example
First reserve the name,
This will output something like the following,
Then after twelve blocks (which could take a few hours or more - check the current block here) register the name (you'll need a small NMC balance for this). This example shows a mapping of the naked domain and all subdomains to the Organic Design servers IP address. The hex number is the shorter of the two returned from the previous reservation command.
See also
- Bitcoin
- Namecoin - a DNS alternative based on Bitcoin
- Online transaction systems
- Money
- Cryptocurrency
- Digital economy
