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]