Latest Dot-BIT news [July]

[khal]

Latest news about the project :

- expiration time has been increased, as asked by a lot of people, from 12k to 36k blocks (250 days instead of 83). Change will take effect at block 24k (commit).

- fees will decrease faster after block 24k, to avoid the past situation where registering a name cost near 40$ (current price : 7.5$).

- 2000 domains names are currently reserved for a total of 2020 names. 44 names have expired and are free again (see also expiring soon).

- namecoin difficulty is subject to a boomerang effect : after a x4, a x0.38 is currently expected. But, hashing power seems to increase again since several days (instant power drop to x0.20 but is now at x0.31).

- draft spec still needs your comments to be finalized.