Namecoin
NamecoinNMC

Namecoin Quick overview

Unit

NMC

Max Supply

21,000,000

Current Supply

14,736,400

Created in 2013

Block mined

every 10 minutes

Algorithm

SHA256

Block Size

500 kB - 1 MB. (lower than Bitcoin’s)

Smallest Currency Unit

swartz

Lightweight Validation Mode

SPV backed by PoW (e.g. BitcoinJ+libdohj)

Namecoin review - is it scam?

Advantages

  • Top level domain .bit that is independent of centralized domain names governing
  • DNS not under control of ICANN
  • Long history

How to get crypto

What is Namecoin?

  • Decentralized Naming System
  • The first fork of Bitcoin
  • Proof Of Work cryptocurrency
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Namecoin
Coin rating:
Total rating: 22 Avg. rating: 4.23