namecoin

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Namecoin is a bitcoin fork which was created to handle, buy and manage .bit decentralized domains.

Pros:

  • decentralized
  • anonymous

Cons:

  • requires mining or buying namecoins
  • requires running a daemon to maintain the infrastructure
  • See #Issues

Issues

As of 2015-08, one person controls up to 75% of the compute power on Namecoin, meaning they can effectively control the blockchain. [1]

See Also