Namecoin Forum

I agree on a forum reorganization too. I would like to make a better separation between Namecoin (the project, the protocol, etc) and Namecoin usages (Dot-BIT project, private namespace [will be used to store gpg keys, ssl certs, maybe identities] and all other future usages). I guess each project ...

There's no need for any policy currently since the forum's traffic is pretty low but I thought it would be a good idea to start discussing it now just in case Namecoin suddenly becomes very popular. Personally I'd like this forum to be more limited in scope than the Bitcoin one, centered mostly arou...

Pretty cool idea, I like it.

The basis is that the confidence people have in BTC and NMC is not equal, and won't become equal just because difficulty is. There are a lot of Bitcoin miners that may not care about Namecoin but they'll cross mine anyway because the additional cost is negligible. Since they don't care about Namecoi...

moa wrote:Okay, first do you agree that the difficulties of the two networks will get tied?

We'll take it step by step from there.

Yes, I agree. And I believe that will allow the value of NMC to freely float based on demand/confidence instead of being roughly pegged to the BTC/NMC difficulty ratio.

What are the advantages of this versus an auction site? - Visibility of offers. Since domain owners are mostly anonymous it would be pretty difficult to contact them with offers. You could try posting an offer on an auction site but there's little certainty that it will be seen by the domain owner....

That's what I don't get. What are the basis for thinking that the value of NMC will become equal to BTC and that a crash in BTC will mean a crash of NMC too? I just don't see how they are supposed to get tied.

I still don't get the argument against cross mining. Would you rather stay at a difficulty of ~15,000 with annoying cycles of very fast retargets followed by a very slow one instead of having a difficulty of 2+ million and retargeting every 2 weeks?

lebish wrote: Also, just how we have name_scan and name_list now, why not have offer_scan and offer_list?

Yeah, we should definitely have those commands.

Here is his work on this idea : http://dot-bit.org/Name_Exchange ps : interesting discussion indeed, more comments later :p. Another initiated discussion was about a built-in messaging system. Pretty nice. I see no purpose in adding a transaction just to reject offers though. Also encrypting the pr...