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Author Topic: Is anyone planning a push for Namecoin acceptance?  (Read 2960 times)
ripper234
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Ron Gross


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October 08, 2011, 07:32:42 PM
 #1

Simple things, you know, like a GUI, Faucet, a few more exchanges that support it, bounties?
Or are those not important enough right now to the people working on Namecoin?

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October 08, 2011, 07:35:43 PM
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Namecoin pretty much died after it was more profitable to mine BTC. It was attacked by Satoshi complex personalities ( ArtForz, lolcust, BitcoinExpress, SAC, Tycho, MarkKarpeles etc. ) because it posed a threat to Bitcoin just like Fairbrix was attacked because it posed a threat to Tenecrapix.
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Ron Gross


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October 08, 2011, 07:38:50 PM
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Namecoin pretty much died after it was more profitable to mine BTC. It was attacked by Satoshi complex personalities ( ArtForz, lolcust, BitcoinExpress, SAC, Tycho, MarkKarpeles etc. ) because it posed a threat to Bitcoin just like Fairbrix was attacked because it posed a threat to Tenecrapix.

I see no reason why merged mining will not become dominant. It is more profitable to mine both Namecoin & Bitcoin together, so most pools and miners should switch to that, making the network as secure as Bitcoin.

Please do not pm me, use ron@bitcoin.org.il instead
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October 08, 2011, 09:54:31 PM
 #4

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

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ripper234
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Ron Gross


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October 08, 2011, 10:07:47 PM
 #5

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

Wrong.

If I don't mine, the only way I can get Namecoin is by buying it. Thus, it has value.
It does't "cost nothing nothing to mine". You can say that it costs electricy to mine BTC + NMC. The fact that NMC now can be merged-mined simply means that a rational miner will switch from mining BTC to BTC+NMC, not that NMC has no value.

Why do you think it's wrong to put extra data in the blockchain? If a miner solves a BTC block, he can put pictures of Cthulu there for all I care. He solved the block, he's entitled to manipulate it as he will (within what's allowed by the protocol).

Please do not pm me, use ron@bitcoin.org.il instead
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October 08, 2011, 10:17:24 PM
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Why do you think it's wrong to put extra data in the blockchain? If a miner solves a BTC block, he can put pictures of Cthulu there for all I care. He solved the block, he's entitled to manipulate it as he will (within what's allowed by the protocol).

If everyone keeps putting junk in the blockchain it will go form GB to TB to download and use soon.
The next block is being payed for the data so what's your point?

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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October 08, 2011, 10:26:44 PM
 #7

You're right as long as I can fit the blockchain on a single harddrive I don't give a shit Tongue
And I don't think it will ever grow beyond that even if the blockchain is 10TB in 10 years if I can buy a 200TB harddrive for the same amount I'm fine.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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October 08, 2011, 10:28:06 PM
 #8

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

Wrong.

If I don't mine, the only way I can get Namecoin is by buying it. Thus, it has value.
It does't "cost nothing nothing to mine". You can say that it costs electricy to mine BTC + NMC. The fact that NMC now can be merged-mined simply means that a rational miner will switch from mining BTC to BTC+NMC, not that NMC has no value.

Why do you think it's wrong to put extra data in the blockchain? If a miner solves a BTC block, he can put pictures of Cthulu there for all I care. He solved the block, he's entitled to manipulate it as he will (within what's allowed by the protocol).
LOL so you waste money on something you can get for free?
 OK I'm wrong - wrong to not do something stupid? Cheesy

The current BTC block-chain, index, address file and sundry db files is already 975Mb
The size of a single block is steadily growing with the number of transactions on average increasing over time.
Add extra data to the block-chain represents extra storage space on every HDD that is running bitcoin.
Meh trying to educate the ignorant Sad

I don't think Cthulu would fit in there unless you got a smaller pic of her:

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ripper234
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October 08, 2011, 10:36:52 PM
 #9

You're right as long as I can fit the blockchain on a single harddrive I don't give a shit Tongue
And I don't think it will ever grow beyond that even if the blockchain is 10TB in 10 years if I can buy a 200TB harddrive for the same amount I'm fine.

Well your net connection is not going to improve by that order of magnitude in speed so it is going to be one hell of a long download.

http://bitcoin.stackexchange.com/questions/1432/when-will-the-official-client-support-partial-blockchain-downloads

Please do not pm me, use ron@bitcoin.org.il instead
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October 08, 2011, 10:42:44 PM
 #10

You're right as long as I can fit the blockchain on a single harddrive I don't give a shit Tongue
And I don't think it will ever grow beyond that even if the blockchain is 10TB in 10 years if I can buy a 200TB harddrive for the same amount I'm fine.

Well your net connection is not going to improve by that order of magnitude in speed so it is going to be one hell of a long download.
Well, 10 Years ago the fastest connection I could get for cheap (consumer rates) was a 512kbit cable modem link, now it's 10mbit plastic fiber link. I can't see why I wouldn't be able to get 200mbit glass fiber then. (I do pay less for net access now than back then so, yeah it probably won't improve as much as I would probably choose to pay even less than now)

oh noes.. its actually 100mbit now, screw it  Cheesy

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October 08, 2011, 10:55:31 PM
 #11

You can play blackjack with your namecoins at

http://namejack21.com/nmc

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MaGNeT
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October 08, 2011, 11:00:39 PM
 #12

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

I'm mining Namecoins, so, technically, Bitcoin should have no value at all anyway.

Bitcoins cost nothing to mine it if you do merged mining - i.e. it is free.
I see Bitcoins as a bonus for mining Namecoins.
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October 08, 2011, 11:27:52 PM
 #13

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

I'm mining Namecoins, so, technically, Bitcoin should have no value at all anyway.

Bitcoins cost nothing to mine it if you do merged mining - i.e. it is free.
I see Bitcoins as a bonus for mining Namecoins.
Both arguments are equally invalid  Smiley

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
bulanula
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October 08, 2011, 11:39:42 PM
 #14

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

Wrong.

If I don't mine, the only way I can get Namecoin is by buying it. Thus, it has value.
It does't "cost nothing nothing to mine". You can say that it costs electricy to mine BTC + NMC. The fact that NMC now can be merged-mined simply means that a rational miner will switch from mining BTC to BTC+NMC, not that NMC has no value.

Why do you think it's wrong to put extra data in the blockchain? If a miner solves a BTC block, he can put pictures of Cthulu there for all I care. He solved the block, he's entitled to manipulate it as he will (within what's allowed by the protocol).
LOL so you waste money on something you can get for free?
 OK I'm wrong - wrong to not do something stupid? Cheesy

The current BTC block-chain, index, address file and sundry db files is already 975Mb
The size of a single block is steadily growing with the number of transactions on average increasing over time.
Add extra data to the block-chain represents extra storage space on every HDD that is running bitcoin.
Meh trying to educate the ignorant Sad

I don't think Cthulu would fit in there unless you got a smaller pic of her:


Yet more proof that Satoshi / all the other IDs came from Japan ( who the fuck is Cthulu Huh ) and we all got screwed by manga watching noodle eating geeks.
kano
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October 09, 2011, 12:49:23 AM
 #15

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

I'm mining Namecoins, so, technically, Bitcoin should have no value at all anyway.

Bitcoins cost nothing to mine it if you do merged mining - i.e. it is free.
I see Bitcoins as a bonus for mining Namecoins.
LOL clearly you don't understand how merged mining works Smiley
Go read the code then try to post that comment correctly.
(also ignore the namecoin web site coz they are actually wrong - I've even requested they correct it but they enjoy displaying false information about merged mining)

Pool: https://kano.is BTC: 1KanoiBupPiZfkwqB7rfLXAzPnoTshAVmb
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Help keep Bitcoin secure by mining on pools with Stratum, the best protocol to mine Bitcoins with ASIC hardware
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October 09, 2011, 01:22:55 AM
 #16

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

I'm mining Namecoins, so, technically, Bitcoin should have no value at all anyway.

Bitcoins cost nothing to mine it if you do merged mining - i.e. it is free.
I see Bitcoins as a bonus for mining Namecoins.
LOL clearly you don't understand how merged mining works Smiley
Go read the code then try to post that comment correctly.
(also ignore the namecoin web site coz they are actually wrong - I've even requested they correct it but they enjoy displaying false information about merged mining)
explain what you mean, lol

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October 09, 2011, 01:34:15 AM
 #17

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

I'm mining Namecoins, so, technically, Bitcoin should have no value at all anyway.

Bitcoins cost nothing to mine it if you do merged mining - i.e. it is free.
I see Bitcoins as a bonus for mining Namecoins.
LOL clearly you don't understand how merged mining works Smiley
Go read the code then try to post that comment correctly.
(also ignore the namecoin web site coz they are actually wrong - I've even requested they correct it but they enjoy displaying false information about merged mining)
explain what you mean, lol
Merged mining requires that it produces a special BTC block (with extra data) that it then hashes to make a valid BTC hash for a BTC block.
Only then can merged mining produce a namecoin block based on that BTC hash (extra for free)

Thus it doesn't make sense to say that you are producing namecoin blocks and getting free BTC blocks since the merged namecoin block depends on the BTC block generation and that has to be done first, not the other way around.
i.e. you can't first generate a namecoin block and hash and then use that hash in BTC.

Pool: https://kano.is BTC: 1KanoiBupPiZfkwqB7rfLXAzPnoTshAVmb
CKPool and CGMiner developer, IRC FreeNode #ckpool and #cgminer kanoi
Help keep Bitcoin secure by mining on pools with Stratum, the best protocol to mine Bitcoins with ASIC hardware
iopq
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October 09, 2011, 06:40:07 AM
 #18

Well technically, namecoin should have no value at all anyway.
It costs nothing to mine it if you do merged mining - i.e. it is free.

The negative side is (what I've said many times) it puts extra data in the bitcoin block-chain that has nothing to do with bitcoin
(and the web site is wrong about that on the main Merged mining page saying that it doesn't do that http://dot-bit.org/Merged_Mining
I've asked more than a week ago for someone to fix that - but I guess they don't like people knowing it)

I'm mining Namecoins, so, technically, Bitcoin should have no value at all anyway.

Bitcoins cost nothing to mine it if you do merged mining - i.e. it is free.
I see Bitcoins as a bonus for mining Namecoins.
LOL clearly you don't understand how merged mining works Smiley
Go read the code then try to post that comment correctly.
(also ignore the namecoin web site coz they are actually wrong - I've even requested they correct it but they enjoy displaying false information about merged mining)
explain what you mean, lol
Merged mining requires that it produces a special BTC block (with extra data) that it then hashes to make a valid BTC hash for a BTC block.
Only then can merged mining produce a namecoin block based on that BTC hash (extra for free)

Thus it doesn't make sense to say that you are producing namecoin blocks and getting free BTC blocks since the merged namecoin block depends on the BTC block generation and that has to be done first, not the other way around.
i.e. you can't first generate a namecoin block and hash and then use that hash in BTC.
except masterpool has produced many NMC blocks, but 0 BTC blocks so far

kano
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October 09, 2011, 08:14:47 AM
 #19

So what? That is as to be expected.
It still tries with every hash as I stated.

Pool: https://kano.is BTC: 1KanoiBupPiZfkwqB7rfLXAzPnoTshAVmb
CKPool and CGMiner developer, IRC FreeNode #ckpool and #cgminer kanoi
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October 09, 2011, 09:49:17 AM
 #20

Yet more proof that Satoshi / all the other IDs came from Japan ( who the fuck is Cthulu Huh ) and we all got screwed by manga watching noodle eating geeks.

Cthulhu is a reoccurring character in the works of H.P Lovecraft, an American writer of short horror stories. The reference has nothing to do with manga.

Check out the books on amazon, they are well worth reading.
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