Namecoin: distributed domain registration system based on Bitcoin

Re:Namecoin: distributed domain registration system based on... by X-Istence on Thursday May 26, 2011 @02:45AM (#2586863)

So does this mean that to keep a domain I have to keep running the namecoin service thereby using up CPU time that could be better spent serving requests from users?

[ Parent | on HN ]

Re:Namecoin: distributed domain registration system based on... by Groxx on Thursday May 26, 2011 @03:10AM (#2586919)

Not really. It's bitcoin-like, so "the network" of miners would collaboratively re-enforce your control of your domains. You'd only need to use up CPU (/GPU) time to create new name coins for free - you could also purchase them from people who had mined them previously, and hadn't used them.

[ Parent | on HN ]

Re:Namecoin: distributed domain registration system based on... by polarized on Thursday May 26, 2011 @03:56AM (#2586991)

Running the service does not use very much CPU time. Mining is separate, and you don't even need to do that just to keep the domain up.

[ Parent | on HN ]

Re:Namecoin: distributed domain registration system based on... by thwarted on Thursday May 26, 2011 @03:03AM (#2586906)

You could outsource that just like you can currently outsource DNS.

[ Parent | on HN ]