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Author Topic: Namecoin was stillborn, I had to switch off life-support  (Read 46120 times)
defaced
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October 17, 2013, 06:22:31 PM
 #101

nice to see a fix

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October 18, 2013, 01:18:09 AM
 #102

it seems that we have a nice and vigilant team behind
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October 18, 2013, 02:57:36 AM
 #103

Namecoin is alive and kicking. It has been around a bit longer
than any of the other altcoins and certainly is the most innovative coin
after Bitcoin.

[...]

Note that there are more possibilities in Namecoin than domain name
resolution as it is a general name/value storage system. The community
is only starting to experiment with new ideas like IDs, logins,
TLS/https, Bitmessage integration, file verification and so on.

I agree that Namecoin is the most innovative after XBT and has a great potential yet to be explored.

In order for that to happen, we just need more volunteers and core developers.

And BTW, Bitmessage integration would be a GREAT boost to Namecoin's intrinsic value.

Keep up the good work!

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October 18, 2013, 05:33:05 AM
 #104

And BTW, Bitmessage integration would be a GREAT boost to Namecoin's intrinsic value.

This is just one of the projects that are actually not just under development but already working - the current release of Bitmessage already includes it. Smiley

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October 19, 2013, 02:02:19 PM
 #105

can't wait a fresh start of beloved NMC. BEST application other than BTC so far.

Intelligent and fast-responding team revitalize the innovative coin.
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October 20, 2013, 01:09:37 AM
 #106

can't wait a fresh start of beloved NMC. BEST application other than BTC so far.

Intelligent and fast-responding team revitalize the innovative coin.

What do you mean by "a fresh start"? Huh

Did you mean a complete "reboot" of the coin's protocol and mining feature?

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October 20, 2013, 08:46:03 PM
 #107

can't wait a fresh start of beloved NMC. BEST application other than BTC so far.

Intelligent and fast-responding team revitalize the innovative coin.

What do you mean by "a fresh start"? Huh

Did you mean a complete "reboot" of the coin's protocol and mining feature?
That is not necessary and not planned.
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October 21, 2013, 07:38:21 AM
 #108

So it is dead or can it be salvaged?  Sorry, not technical here.
I think it can be salvaged. A particular block, well in the future, will have to be chosen. After that block, every name will have to be recomputed to determine its correct ownership under the new, correct, rules. At that time, all names will revert to their correct owners, and from then on, the exploit will be impossible. It's just going to take the Namecoin community to come together, agree on the new rules and block number, get the work done on time, and so on.


Say I have some .bit registrations. Currently they could be stolen from me? Under above scenario, stolen registrations might be returned to me? - roll back name updates to the block date of the vulnerability announcement? (or thereabouts)

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October 21, 2013, 07:44:36 AM
 #109

So it is dead or can it be salvaged?  Sorry, not technical here.
I think it can be salvaged. A particular block, well in the future, will have to be chosen. After that block, every name will have to be recomputed to determine its correct ownership under the new, correct, rules. At that time, all names will revert to their correct owners, and from then on, the exploit will be impossible. It's just going to take the Namecoin community to come together, agree on the new rules and block number, get the work done on time, and so on.


Say I have some .bit registrations. Currently they could be stolen from me? Under above scenario, stolen registrations might be returned to me? - roll back name updates to the block date of the vulnerability announcement? (or thereabouts)

Yes, more or less like that.  The bug is that name_update operations are not checked and thus it is (with the old code) possible that someone updates a name to himself, and those transactions get relayed and even mined.  However, it is not possible to hide the fact that this is an "invalid" operation.  Thus it is easy, after the problem is fixed and the fix distributed, to decide which transactions should not be allowed and discard them.  This is what will be done, so that you are right that if you (rightfully) own a name and it gets stolen, it will be returned to you - in the view of everyone who uses the updated client.  But this includes fortunately no complete roll-back of all name transactions, since that is not necessary because it is possible to identify exactly the illicit ones.  Only those will be reversed.

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October 24, 2013, 11:09:56 PM
 #110

so that's why nmc crashed. ask to simplyfun and other btc-e owners to donate some bucks, i bet they make toons on nmc transfer fees at btc-e...

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October 24, 2013, 11:14:30 PM
 #111

Well, at least were getting that fix.
It also demonstrates merge mining fairly well..
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October 25, 2013, 05:37:59 PM
 #112

So my 37 domains are useless? Worthless?

Wtf?

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October 25, 2013, 06:22:12 PM
 #113

So my 37 domains are useless? Worthless?

Wtf?

No, you just can't transfer them to anyone else until a patch is released.
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October 26, 2013, 04:01:05 PM
 #114

So my 37 domains are useless? Worthless?

Wtf?

No, you just can't transfer them to anyone else until a patch is released.

ok thats not the end of the world, knowing my luck someone will want to buy them, between now and then

thx for the reply

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October 30, 2013, 01:36:15 PM
 #115

Out now: Namecoin-Qt & daemon with the name enforcing bug fixed.

https://bitcointalk.org/index.php?topic=236340.msg3436752#msg3436752
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November 09, 2013, 02:35:37 PM
 #116

we know NMC will soon be recognized as real application in virtual world.
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November 22, 2013, 12:08:10 AM
 #117

Any ideas what's caused the sudden namecoin price spike?
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November 22, 2013, 07:00:01 AM
 #118

Any ideas what's caused the sudden namecoin price spike?

Classic Fontas pump and nothing more

https://twitter.com/fontase

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November 22, 2013, 02:55:22 PM
 #119

Any ideas what's caused the sudden namecoin price spike?

The reason is because it is 3rd most valuable coin the market.

Predicted this days ago:  http://trollboxarchive.com/byid.php?id=22909914


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November 22, 2013, 04:33:28 PM
 #120

Any ideas what's caused the sudden namecoin price spike?

Classic Fontas pump and nothing more

https://twitter.com/fontase

hopefully you are just joking

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