How many coins does it take to register a domain name?

[gigabytecoin]

How many coins does it take to register a domain name?

[khal]

I've just registered a domain some hours ago, and it cost me 44 NC.

[gigabytecoin]

44NC..? That seems like an odd price. How did the client come up with that price?

How can I tell how much a domain registration costs by simply using the client? Or do I just have to try and register one?

[khal]

It has started at 50 NC and price is decreasing while block number increases.

Formula is a bit complex for me (bit shifting is no more for me :p) :

nHeight = block number
nRes = price of a domain * 100000000

nStart = 50 * 100000000
nRes = nStart >> (nHeight >> 13);
nRes -= (nRes >> 14) * (nHeight % 8192);

Simplified :
50 - (50 * 100000000 / 2 ^ 14) * 2227 / 100000000 = 43.2
Full :
nRes = 50 * 100000000 / 2 ^ floor(2227 / 2 ^ 13)
50 - (nRes / 2 ^ 14) * 2227 / 100000000 = 43.2 NC

[khal]

Here is a calculator : http://dot-bit.org/tools/domainCost.php

[gigabytecoin]

Nice, thank you!

So after block 100,000 .bit domains will only cost 0.1 namecoins?

Shouldn't it be priced according to the difficulty?

What if the difficulty is still 290 at block 100,000 (I know, that would mean namecoin would have failed... but I still think it should be proportional)

[khal]

So after block 100,000 .bit domains will only cost 0.1 namecoins?

If i didn't make a mistake : yes :p

Shouldn't it be priced according to the difficulty?

What if the difficulty is still 290 at block 100,000 (I know, that would mean namecoin would have failed... but I still think it should be proportional)

Namecoins will be traded with bitcoins, dollars and euros. If the difficulty is low, prices, in other currencies, will be high.

But, how to start a business if you know in advance that in 2 years i'll cost you nearly nothing to register a domain... ?

[Anth0n]

Namecoins will be traded with bitcoins, dollars and euros. If the difficulty is low, prices, in other currencies, will be high.

How does this make sense? If difficulty is low, then the price of NC in other currencies will also be low because they will be easy to mine. Easy to mine means low prices otherwise no one would buy them.

[moa]

Namecoins will be traded with bitcoins, dollars and euros. If the difficulty is low, prices, in other currencies, will be high.

How does this make sense? If difficulty is low, then the price of NC in other currencies will also be low because they will be easy to mine. Easy to mine means low prices otherwise no one would buy them.

He must mean then that the nominal value will be a big number of nmc ... e.g. 1 euro will but 8,000 NMC wouldn't he? ... price low.

Myself I'm expecting 1 euro = 10 NMC eventually if the NMC network remains intact and get GUI for trading, etc ... your are right depends on NMC difficulty.