📅 Original date posted:2011-12-13
🗒️ Summary of this message: Using Namecoin as a decentralized DNS alternative is suggested due to its ability to transfer/trade names securely and share mining without bloating the Bitcoin block chain.
📝 Original message:>> Would it be too strange to use namecoin?
> This has the same problem as FirstBits, except .bit domains are dirt cheap,
> whereas vanitygen at least slows down grabbing all the common words...
Grabbing is no more an issue than mining Bitcoins is an issue. Sure,
domain grabbers will have the domains first, but they want to profit and
therefore are willing to sell them for whatever price they can get. Just
like the trading of any other limited resource, this process sounds like
somebody is getting rich for nothing, but it does tend to put the
limited resources to good use as people who waste good domains can't
afford them in the long run. The problem with Firstbits is that the
names already grabbed have fixed private keys that are known by their
originators. That makes the names untradable. This may be fixable with
split keys, but a lot of "good" 1firstbits are already made useless in
this way.
Names in Namecoin can be transferred/traded securely, strong
cryptography is built in and it shares mining without bloating the
Bitcoin block chain. I see it as a decentralized DNS alternative at a
time when domain seizures are on the rise, even absent any court order.
So I would use one of the DNS-based solutions that Amir suggested and
simply require standard-compliant clients to be able to look up .bit
(i.e. Namecoin) domains as well. That way we have a pragmatic solution,
but one that also provides security and true decentralization for the
more paranoid of our users.
On 12/13/2011 12:41 AM, Luke-Jr wrote:
> On Monday, December 12, 2011 6:37:56 PM Jorge Timón wrote:
>> Would it be too strange to use namecoin?
> This has the same problem as FirstBits, except .bit domains are dirt cheap,
> whereas vanitygen at least slows down grabbing all the common words...
>
> ------------------------------------------------------------------------------
> Learn Windows Azure Live! Tuesday, Dec 13, 2011
> Microsoft is holding a special Learn Windows Azure training event for
> developers. It will provide a great way to learn Windows Azure and what it
> provides. You can attend the event by watching it streamed LIVE online.
> Learn more at http://p.sf.net/sfu/ms-windowsazure
> _______________________________________________
> Bitcoin-development mailing list
> Bitcoin-development at lists.sourceforge.net
> https://lists.sourceforge.net/lists/listinfo/bitcoin-development
>
Stefan Thomas [ARCHIVE] /
npub1f8…ap20e
2023-06-07 02:45:39
in reply to nevent1q…cwq3
Author Public Key
npub1f8c8h5evqyy29yp6p7jelyzw6vfwp6jz05exn66l4ygwkj57ytzqmap20ePublished at
2023-06-07 02:45:39Event JSON
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"content": "📅 Original date posted:2011-12-13\n🗒️ Summary of this message: Using Namecoin as a decentralized DNS alternative is suggested due to its ability to transfer/trade names securely and share mining without bloating the Bitcoin block chain.\n📝 Original message:\u003e\u003e Would it be too strange to use namecoin?\n\u003e This has the same problem as FirstBits, except .bit domains are dirt cheap,\n\u003e whereas vanitygen at least slows down grabbing all the common words...\n\nGrabbing is no more an issue than mining Bitcoins is an issue. Sure, \ndomain grabbers will have the domains first, but they want to profit and \ntherefore are willing to sell them for whatever price they can get. Just \nlike the trading of any other limited resource, this process sounds like \nsomebody is getting rich for nothing, but it does tend to put the \nlimited resources to good use as people who waste good domains can't \nafford them in the long run. The problem with Firstbits is that the \nnames already grabbed have fixed private keys that are known by their \noriginators. That makes the names untradable. This may be fixable with \nsplit keys, but a lot of \"good\" 1firstbits are already made useless in \nthis way.\n\nNames in Namecoin can be transferred/traded securely, strong \ncryptography is built in and it shares mining without bloating the \nBitcoin block chain. I see it as a decentralized DNS alternative at a \ntime when domain seizures are on the rise, even absent any court order.\n\nSo I would use one of the DNS-based solutions that Amir suggested and \nsimply require standard-compliant clients to be able to look up .bit \n(i.e. Namecoin) domains as well. That way we have a pragmatic solution, \nbut one that also provides security and true decentralization for the \nmore paranoid of our users.\n\n\nOn 12/13/2011 12:41 AM, Luke-Jr wrote:\n\u003e On Monday, December 12, 2011 6:37:56 PM Jorge Timón wrote:\n\u003e\u003e Would it be too strange to use namecoin?\n\u003e This has the same problem as FirstBits, except .bit domains are dirt cheap,\n\u003e whereas vanitygen at least slows down grabbing all the common words...\n\u003e\n\u003e ------------------------------------------------------------------------------\n\u003e Learn Windows Azure Live! Tuesday, Dec 13, 2011\n\u003e Microsoft is holding a special Learn Windows Azure training event for\n\u003e developers. It will provide a great way to learn Windows Azure and what it\n\u003e provides. You can attend the event by watching it streamed LIVE online.\n\u003e Learn more at http://p.sf.net/sfu/ms-windowsazure\n\u003e _______________________________________________\n\u003e Bitcoin-development mailing list\n\u003e Bitcoin-development at lists.sourceforge.net\n\u003e https://lists.sourceforge.net/lists/listinfo/bitcoin-development\n\u003e",
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