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| A distributed naming system based on Bitcoin technology.
| | #redirect [[BitDNS]] |
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| Namecoin uses a new blockchain, separate from the main Bitcoin chain.
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| Mining currently cannot be performed for multiple blockchains but changes to the Namecoin software may make it possible that a bitcoin miner can simultaneously mine the Namecoins. However it is possible to mine Namecoins with miners designed for bitcoin (like phoenix, poclmb,..).
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| The project was inspired by the bitdns discussion and recent failures of the DNS.
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| The open source software was announced on April 18, 2011<ref>[http://www.bitcoin.org/smf/index.php?topic=6017.0 Namecoin - a distributed naming system based on Bitcoin]</ref>.
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| ==See Also==
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| * [[Dot-bit]]
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| ==External Links==
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| * [http://github.com/vinced/namecoin Namecoin project] on GitHub
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| * [http://dot-bit.org dot-bit.org] project, focused on the domain registration aspect of Namecoin
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| * [http://bitparking.com] First Namecoin Mining pool
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| * [https://exchange.bitparking.com] Namecoin <=> Bitcoin exchange
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| ==References==
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| <references />
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| [[Category:Open Source]]
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