Search found 4 matches
- Mon Nov 28, 2011 9:22 am
- Forum: General Discussion
- Topic: Registering is too cheap
- Replies: 18
- Views: 14906
Re: Registering is too cheap
Here are some possible solutions to this problem: 1. Temporary update rights transfer to another address, while keeping ownership rights. This will encourage people to rent out the domains they are sitting on, rather than simply parking them. 2. BTC/NMC trading hard-wired into both block chains thou...
- Fri Jul 15, 2011 10:12 am
- Forum: General Discussion
- Topic: How Currencies Work 101
- Replies: 7
- Views: 6273
Re: How Currencies Work 101
Full title should be "How Currencies Work 101: Why 1. A currency MUST have a central authority that manages its implementation I love it when people throw around words like MUST, WILL, and INEVITABLY based on opinion and conjecture, with neither hard empirical evidence not conclusive arguments to b...
- Fri Jul 15, 2011 1:57 am
- Forum: Project direction
- Topic: Renting Names
- Replies: 5
- Views: 6662
Renting Names
Idea: Transactions where you can selectively transfer rights to namecoin addresses. For example: name_transfer_updaterights d/name NGZs7UndoWgpfTstoxryYEW8b1GtDLPwMa the owner of the recipient address can now use name_update on this name, however he cannot transfer the name itself to another address...
- Fri Jul 15, 2011 1:37 am
- Forum: General Discussion
- Topic: My concern with the namecoin project
- Replies: 5
- Views: 6075
Re: My concern with the namecoin project
Storing data in a block chain is extremely expensive per MB. Why would anybody use a block chain to permanently store "evil data" when they can do this on Usenet for a fraction of the cost? Or in the classifieds of a print Newspaper for that matter? The only reason anyone would do this is to deliber...