Monday, 29 June 2015

What is Namecoin

NameCoin might just be the most perplexing Bitcoin derivative. On one hand it"s a cryptocurrency that functions much like Bitcoin. Computers are used to solve algorithms, NameCoins are created, and the miner finds themselves in possession of some shiny new NameCoins. Only thing, NameCoins themselves are not designed to be a currency at all.
What is Namecoin

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