Namecoin
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Dan Tobias (Talk | contribs) (Created page with "{{FormatInfo |formattype=electronic |subcat=Currency |released=2011 }} '''Namecoin''' is a digital currency (of the Bitcoin vein) which is tied to an alternate decentraliz...") |
Revision as of 15:21, 19 April 2014
Namecoin is a digital currency (of the Bitcoin vein) which is tied to an alternate decentralized DNS system using a .bit top-level domain name which can be registered through the same systems and protocols for trading Namecoins.
Characteristics
- Algorithm: SHA-256D
- Initial Block Reward: 50 Coins (Halving every 50,000 blocks)
- Target Block Time: 10 minutes
- Total Coins: 21,000,000
