These posts read like he could see into the future.
Fears about securely buying domains with Bitcoins are a red herring. It's easy to trade Bitcoins for other non-repudiable commodities.
If you're still worried about it, it's cryptographically possible to make a risk free trade. The two parties would set up transactions on both sides such that when they both sign the transactions, the second signer's signature triggers the release of both. The second signer can't release one without releasing the other.
Has this been implemented yet?
nx.bit - some namecoin stats nf.bit - shortcut to this forum
These posts read like he could see into the future.
Fears about securely buying domains with Bitcoins are a red herring. It's easy to trade Bitcoins for other non-repudiable commodities.
If you're still worried about it, it's cryptographically possible to make a risk free trade. The two parties would set up transactions on both sides such that when they both sign the transactions, the second signer's signature triggers the release of both. The second signer can't release one without releasing the other.
Has this been implemented yet?
Sounds like atomic cross-chain coin swaps. TierNolan has a draft BIP about this, I think. It's a pretty cool setup -- could be used to trade Namecoin domains for Bitcoin currency in a mostly risk-free way. (Not quite as elegant as trading Namecoin names for Namecoin currency though.)
Jeremy Rand, Lead Namecoin Application Engineer
NameID: id/jeremy DyName: Dynamic DNS update client for .bit domains.