Hashing algorithm Namecoin

Namecoin information

Namecoin is a decentralized open source information registration and transfer system based on the Bitcoin cryptocurrency.

What does it do?

Securely record and transfer arbitrary names (keys).
Attach a value (data) to the names
(up to 520 bytes, more in the future).
Transact Namecoins, the digital currency (N, NMC).

Namecoin was the first fork of Bitcoin and still is one of the most innovative Altcoins. It was first to implement merged mining and a decentralized DNS. Namecoin squares Zooko's Triangle.

What can it be used for?

Protect free-speech rights online by making the web more resistant to censorship.
Access websites using the .bit domain (with TLS/SSL).
Store identity information such as email, GPG key, BTC address, TLS fingerprints, Bitmessage address, etc.
Human readable Tor .onion names/domains.
File signatures, Voting, bonds/stocks,/shares, web of trust, escrow and notary services (to be implemented).

Specifications

Maximum Supply: 21,000,000 NMC
Algorithm: SHA-256
Mining: ASIC
Pre-Mine: Zero
Block Reward: 50 NMC
Difficulty Target-Time: 14 Days
Re-target every 2016 blocks
Merged mined with Bitcoin
Proof-of-work
Launch Date: April 18,2011

Social

Facebook

Twitter

Forum

Block Explorer

Explorer.Namecoin.Info

Downloads

Desktop Wallets

Windows

Linux

Mac OS X - Coming Soon

Source Code

GitHub/Namecoin

Ports

RPC Port: 8336
Connect Port: 8334

What is Namecoin?

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