from what i guess, namecoin is exactly the same as bitcoin except, it is used to register domains. but how is it different and how does it work?
is the domain and ip it points to stored in the block chain? how does updating ips work after you initially "buy" the domain.
when a domain is bought, do the coins simply get "used" up?
does the amount made per block half like with normal bitcoin?
is there a 21m limit like with normal bitcoin, or is the amount indefinite.
thanks for listening to my dumb questions.
how does namecoin work?
Re: how does namecoin work?
Namecoin can create special transactions which include a name and a value, which are stored in the blockchain too. More info on creating a name here : http://dot-bit.org/HowToRegisterAndConfigureBitDomains . .bit domain names are names starting with the "d/" prefix (namecoin can be used for other things than domain names).heilen wrote:from what i guess, namecoin is exactly the same as bitcoin except, it is used to register domains. but how is it different and how does it work?
New commands are : name_new, name_firstupdate, name_update, name_list (your reserved domains), name_scan (existing domains).
Here are 2 examples. First one with nameserver "forward" and second one with direct ips. There is a command to update your name : name_update. You have 12'000 blocks to do an update, after that, your domain expires and is free again (i found that value too short).heilen wrote:is the domain and ip it points to stored in the block chain? how does updating ips work after you initially "buy" the domain.
Code: Select all
./namecoind name_scan "d/opennic" 1
[
{
"name" : "d/opennic",
"value" : "{\"map\": {\"\": {\"ns\": [\"ns0.web-sweet-web.net\", \"ns1.web-sweet-web.net\"]}}}",
"txid" : "1ee9b02004a6d5412f4fab863295e6347e8051af263f6057218becc7d872d135",
"expires_in" : 3526
}
]
./namecoind name_scan "d/ns" 1
[
{
"name" : "d/ns",
"value" : "{\"map\": {\"\": \"78.47.86.43\", \"www\": \"78.47.86.43\"}}",
"txid" : "74b41ec50515fee89c6c1267444bb16c7df12e9151fcafd322058760473a64d9",
"expires_in" : 3588
}
]
yes, even if i would prefer this to be changed (http://dot-bit.org/forum/viewtopic.php?f=5&t=58).heilen wrote:when a domain is bought, do the coins simply get "used" up?
yesheilen wrote:does the amount made per block half like with normal bitcoin?
is there a 21m limit like with normal bitcoin, or is the amount indefinite.
NamecoinID: id/khal
GPG : 9CC5B92E965D69A9
NMC: N1KHAL5C1CRzy58NdJwp1tbLze3XrkFxx9
BTC: 1KHAL8bUjnkMRMg9yd2dNrYnJgZGH8Nj6T
Register Namecoin domains with BTC
My bitcoin Identity - Send messages to bitcoin users
Charity Ad - Make a good deed without paying a cent
GPG : 9CC5B92E965D69A9
NMC: N1KHAL5C1CRzy58NdJwp1tbLze3XrkFxx9
BTC: 1KHAL8bUjnkMRMg9yd2dNrYnJgZGH8Nj6T
Register Namecoin domains with BTC
My bitcoin Identity - Send messages to bitcoin users
Charity Ad - Make a good deed without paying a cent
Re: how does namecoin work?
Q: is the sky blue or is the sky purple?khal wrote:yes, even if i would prefer this to be changed (http://dot-bit.org/forum/viewtopic.php?f=5&t=58).heilen wrote:when a domain is bought, do the coins simply get "used" up?
yesheilen wrote:does the amount made per block half like with normal bitcoin?
is there a 21m limit like with normal bitcoin, or is the amount indefinite.
A: yes
Re: how does namecoin work?
Do you mean i reply without reading the whole line ? :pmisiu_mp wrote:Q: is the sky blue or is the sky purple?
A: yes
A: yes, no
NamecoinID: id/khal
GPG : 9CC5B92E965D69A9
NMC: N1KHAL5C1CRzy58NdJwp1tbLze3XrkFxx9
BTC: 1KHAL8bUjnkMRMg9yd2dNrYnJgZGH8Nj6T
Register Namecoin domains with BTC
My bitcoin Identity - Send messages to bitcoin users
Charity Ad - Make a good deed without paying a cent
GPG : 9CC5B92E965D69A9
NMC: N1KHAL5C1CRzy58NdJwp1tbLze3XrkFxx9
BTC: 1KHAL8bUjnkMRMg9yd2dNrYnJgZGH8Nj6T
Register Namecoin domains with BTC
My bitcoin Identity - Send messages to bitcoin users
Charity Ad - Make a good deed without paying a cent