Nidaba: a distributed scalable naming system with a stable price for name operationsAbstract:A distributed PKI (naming system) would solve the problem of trusting the authorities in the key technologies behind the Internet. Its creation is a complex task, since the system has to be scalable, has to provide a stable price for certificate registration and has to prevent cyber squatting.
Nidaba has all the mentioned properties, moreover it protects a blockchain from being forked behindhand and it has the same level of protection as Bitcoin does.
Links:The Nidaba whitepaperThe Nidata siteInfo:Some time ago I asked myself how the way we do software would change if each user had a private server. I was thinking about this for a while and came to the idea that a distributed authentication is vital for such realty.
I digged and realised that neither Namecoin nor Twister provide important properties, such as protection from the cyber squatters & vandals, resistance to the tragedy of the commons and scalability. I decided to design a system that doesn't have these disadvantages. This is how Nidaba was born. Besides the mentioned properties Nidaba provides a stable price for certificate operations on the external markets via the supply and demand model.
The paper contains several techniques that can be used with other technologies based on the Bitcoin protocol, or with altcoins.
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