Namecoin
| Last updated | 2 hours ago |
| Price per NMC in USD | $ 0.91581754380429 |
| Price per NMC in Bitcoin | 0 |
| Volume over the last 24 hours | $ 6,622 |
| Market cap in USD | $ 13,495,854 |
| Change in % over the last hour | 0.10100121 |
| Change in % over the last 24 hours | 1.80097797 |
| Change in % over the last 7 days | 0.10889306 |
NMC specifications
| Name | Namecoin |
| Symbol | NMC |
| Minable | Yes |
| Algorithm | SHA256 |
| Prooftype | PoW |
| Total coin supply | 21000000 |
| Premine: | N/A |
Coin description
Namecoin is a decentralized naming system built on blockchain technology, enabling users to register domain names and identities without intermediaries. It operates on a proof-of-work (PoW) consensus mechanism, utilizing the SHA-256 algorithm to ensure fair mining accessibility. Namecoin emphasizes censorship resistance and decentralization.
Namecoin Decentralized Naming Solutions
Namecoin's architecture supports features like .bit domain registration, digital identity management, and secure messaging. Its decentralized nature eliminates reliance on centralized authorities, ensuring freedom of expression and privacy. For example, activists can use Namecoin to host websites or communicate securely without fear of censorship.
One of Namecoin's contributions to the blockchain space is its role in advancing decentralized internet infrastructure. By providing tools for censorship-resistant communication, it empowers individuals and organizations seeking autonomy online. Keywords like Namecoin decentralized domains and censorship resistance are closely tied to this project.