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Author Topic: [announce] Namecoin - a distributed naming system based on Bitcoin  (Read 594429 times)
gio3442
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December 27, 2022, 10:43:51 PM
Merited by nutildah (3)
 #2001

I don't see why this has to be made into a personal dispute.
Namecoin has more serious problems to deal with rather than someone squatting domains.
Namecoin's brand value is literally being stole by a couple of for-profit corporations attempting to patent .bit domains and us as a community couldn't even get together to file a letter of protest for 50$ so the patent office is made aware of Namecoin's prior use of the technology.

Now this, this is an existential threat for bitcoin. People are going to look up the history of decentralized domains and it would of been erased by corporations if we don't act.
If you want to preserve Namecoin's protocol, go ahead and hard fork.

The biggest issue here, and what's enabling all these problems, is that nobody bothers anymore. The community left Namecoin to be forgotten and the few people bothering maintaining it (maybe rightly so) are taking many decisions without asking anyone, occasionally prioritizing personal gain. Make no mistakes though, it's not their fault for looking into personal gain. They're using the protocol to advance their personal interests but nowhere does it say that this isn't allowed. Instead of whining, WE should be taking action.

Keep in mind that personal benefit is vital to advancing anything. Even not for profit FOSS development orgs have people working in salaried positions and money to go around from grants. But do keep in mind, that as things stand, no matter how many domains someone squats, without demand, the protocol is bound to fail. So if anyone was even squatting 100% of Namecoin domains, there's very little to gain, let alone for development incentives. Protocol sustainability wasn't very well thought out in Namecoin sadly.

Ask yourself this.
Do you have a developer by your side?
Do you have a good idea how to make the protocol more trustless and self-sustained while preventing squatting?
If yes, build it. Fork it.

I can tell you with certainty that if you can find someone to develop this and devise a plan, pools holding the majority hashrate for NMC would support the hard fork.
Namely antpool, f2pool, viabtc and kucoin pool and any miner with ties to China would 100% support this fork (same way they did with BCH, Bitcoin Gold, Bitcoin GOD, ETC... You get the idea. ). These are still a tightly knit community so if they stood to gain anything they would support the fork and the new NMC would 100% become the winning chain, effectively returning the squatters to null.

As of the community, between the 10 people that even remember what Namecoin is, I'm sure many would welcome such changes. But that doesn't even matter anyway because Namecoin as it stands is dead community-wise. If anyone bothered to revive it in the slightest, the new community of users would overpower any old one.

TL;DR:
The issue isn't the few people left deving for Namecoin, it's the lack of a community. If you care, build something better and a hardfork is almost 100% guaranteed to receive support.
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December 31, 2022, 12:59:38 AM
 #2002

I don't see why this has to be made into a personal dispute.
Namecoin has more serious problems to deal with rather than someone squatting domains.
Namecoin's brand value is literally being stole by a couple of for-profit corporations attempting to patent .bit domains and us as a community couldn't even get together to file a letter of protest for 50$ so the patent office is made aware of Namecoin's prior use of the technology.

Now this, this is an existential threat for bitcoin. People are going to look up the history of decentralized domains and it would of been erased by corporations if we don't act.
If you want to preserve Namecoin's protocol, go ahead and hard fork.

The biggest issue here, and what's enabling all these problems, is that nobody bothers anymore. The community left Namecoin to be forgotten and the few people bothering maintaining it (maybe rightly so) are taking many decisions without asking anyone, occasionally prioritizing personal gain. Make no mistakes though, it's not their fault for looking into personal gain. They're using the protocol to advance their personal interests but nowhere does it say that this isn't allowed. Instead of whining, WE should be taking action.

Keep in mind that personal benefit is vital to advancing anything. Even not for profit FOSS development orgs have people working in salaried positions and money to go around from grants. But do keep in mind, that as things stand, no matter how many domains someone squats, without demand, the protocol is bound to fail. So if anyone was even squatting 100% of Namecoin domains, there's very little to gain, let alone for development incentives. Protocol sustainability wasn't very well thought out in Namecoin sadly.

Ask yourself this.
Do you have a developer by your side?
Do you have a good idea how to make the protocol more trustless and self-sustained while preventing squatting?
If yes, build it. Fork it.

I can tell you with certainty that if you can find someone to develop this and devise a plan, pools holding the majority hashrate for NMC would support the hard fork.
Namely antpool, f2pool, viabtc and kucoin pool and any miner with ties to China would 100% support this fork (same way they did with BCH, Bitcoin Gold, Bitcoin GOD, ETC... You get the idea. ). These are still a tightly knit community so if they stood to gain anything they would support the fork and the new NMC would 100% become the winning chain, effectively returning the squatters to null.

As of the community, between the 10 people that even remember what Namecoin is, I'm sure many would welcome such changes. But that doesn't even matter anyway because Namecoin as it stands is dead community-wise. If anyone bothered to revive it in the slightest, the new community of users would overpower any old one.

TL;DR:
The issue isn't the few people left deving for Namecoin, it's the lack of a community. If you care, build something better and a hardfork is almost 100% guaranteed to receive support.


Creating a hard fork is not required.  For many years, software updates were also completely unnecessary.  You can continue to use the previous versions without any problems.

Only a hard fork with extremely high registration and transaction fees and completely rejecting Namecoin transactions from current nodes can prevent squatting.

Squatters are only a problem in the d/ Namespace, but it is important to remember that Namecoin is not restricted to the use of the d/ Namespace.


Uwe Martens, who continues to spam his childish website on this topic, promoting the fictitious TLDs he just made up, is a prime example of how things can go wrong.  According to him, the spam website he linked to above is a "specification" for the entire Namecoin community, where he declared that XY TLDs belong to XYZ Namespaces.  Everything was "specified" by him, just as authoritarian leaders issue decrees.

Although Namecoin allows such authoritarian con artists to operate, their chances of success are massively diminished by the fact that anyone can register a Namespace and create their own TLD.


Example:
Someone registers the Namespace flower/ and assigns the .flo top-level domain (TLD) (same as the current .bit formula)
The next person comes along and says, "Fuck this, I'll make a better one," and registers the nature/ plant/ animal/ Namespaces, assigning them the .nature, .plant, and .animal TLDs, respectively.


The only problem that can occur when registering namespaces for your applications is that the Namespace already exists or that it already exists with the value you want to register.

For example, suppose you want to create a biology application and use the bio/ Namespace, but someone has already registered the bio value, which is bio/bio, in that namespace.
You're already doomed in this case unless you use the longer Namespace and register the bio in the biology/ Namespace, resulting in biology/bio.

The desired outcome of your application is to own the Namespaces bio/ and biology/, as well as to register the values bio and biology such as bio/bio, bio/biology, biology/biology, and biology/bio.  Then and only then will you be able to assign the .bio and .biology TLDs.
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December 31, 2022, 07:38:27 AM
 #2003

But every BitcoinTalk member should know that even Satoshi Nakamoto contributed on this project

Nope, without convincing proof that satoshi is vinced, he did not.

He simply chimed in his thoughts in an ongoing discussion about BitDNS, which preceded and is entirely separate from Namecoin. This, along with the most vocal bagholders of re-registered names touting you as an "OG Namecoin dev", are two of the most embarrassing misconceptions in the entire Historical NFT space.

Its great if you want to build on Namecoin but please take your historical revisionism elsewhere.

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December 31, 2022, 09:55:43 AM
Last edit: December 31, 2022, 10:33:16 AM by cyberterrorist
 #2004

But every BitcoinTalk member should know that even Satoshi Nakamoto contributed on this project

Nope, without convincing proof that satoshi is vinced, he did not.

He simply chimed in his thoughts in an ongoing discussion about BitDNS, which preceded and is entirely separate from Namecoin. This, along with the most vocal bagholders of re-registered names touting you as an "OG Namecoin dev", are two of the most embarrassing misconceptions in the entire Historical NFT space.

Its great if you want to build on Namecoin but please take your historical revisionism elsewhere.

 Cheesy


I don't believe Uwe Martens' comments on BitcoinTalk meet the bare minimum for inclusion here.  These are completely incorrect nonsense, and he spams his childish Microsoft Word made websites almost every time he makes a comment; the most recent comment alone contained two links.
He not only has no knowledge of the subject, but all of his comments are written specifically to promote his websites, which have nothing to do with Namecoin.

Namecoin is a community-developed open source software.  Uwe Martens, on the other hand, is a con artist who pretends to be a developer by constantly harassing the Namecoin community and spamming his trash websites not only on BitcoinTalk but also on WikiPedia (o_links_are_spam_and_not_relevant]https://en.wikipedia.org/wiki/Talk:Namecoin#The_added_namecoi[Suspicious link removed]o_links_are_spam_and_not_relevant).

My opinion is similar to BayAreaCoins', BitcoinEXpress', and biolizard89's, and it will not change in the near future.

This topic should not be about spamming and promoting fraudulent websites.

Edit:
I can't link to the relevant section of the Namecoin talk page on WikiPedia because BitcoinTalk automatically replaces all text that contains the namecoin pro domain with namecoi[Suspicious link removed].  I wish they would also remove all of his comments with a [Suspicious text removed].

By going directly to the Namecoin talk page at https://en.wikipedia.org/wiki/Talk:Namecoin, you can see Uwe Martens and his spam that has been removed by WikiPedia admins.

Uwe Martens' failed hostile takeover of the Namecoin project:
https://en.wikipedia.org/w/index.php?title=Namecoin&diff=1043531325&oldid=1043302032

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December 31, 2022, 01:39:18 PM
 #2005

It's clear that with every new development there are coming the envious, even if the latter can do nothing but spread FUD. While they have been banned from all other communities, BitcoinTalk is their last resort where they can keep trolling, that's nothing new at all.

Nope, without convincing proof that satoshi is vinced, he did not.

He simply chimed in his thoughts in an ongoing discussion about BitDNS, which preceded and is entirely separate from Namecoin.
You shouldn't assume I didn't see your FUD a few weeks ago, but everyone embarrasses themselves as best they can! All I can say in response is that you haven't contributed anything to the Namecoin project so far - other than sending merits here and spreading FUD. So on topic, Satoshi is not vinced. Before you keep spreading FUD, you should start reading at the initial post of this thread: Namecoin is a naming system based on bitcoin with a few modifications.  It is inspired by the bitdns discussion. Namecoin wasn't created out of thin air, and undoubtedly Satoshi's contributions were the most important, as cited especially with regard to the proposal of merged mining. Last but not least, just for the readers, it should be noted that Namecoin is a fork of Bitcoin, and the original additional code that made Namecoin from Bitcoin code were just an additional 400 lines of code to define the name operations. "Namecoin", by the way, was just one of the names for the project, and there were other synonyms for the same project in parallel, but I won't go into details here.

This, along with the most vocal bagholders of re-registered names touting you as an "OG Namecoin dev", are two of the most embarrassing misconceptions in the entire Historical NFT space
I don't care how others are referring to me, but we already had this funny discussion on Twitter/Discord/Telegram. Some contributors joined the Namecoin project in 2015 and you probably wouldn't complain if they were referred to as "OGs", but like I said, I don't care. I joined in July 2018, as you can see on the blockchain. From then until now I have registered many assets as a registrar on behalf of other community members, on May 19, 2019 I opened a huge to-do list on GitHub, and they are still working on the list.

The community left Namecoin to be forgotten and the few people bothering maintaining it (maybe rightly so) are taking many decisions without asking anyone, occasionally prioritizing personal gain. Make no mistakes though, it's not their fault for looking into personal gain. They're using the protocol to advance their personal interests
Comments like this have a good reason, and as a side note, unlike some other contributors, I haven't been begging for funds out of the pots of the European Commission, while I would squat silently on a huge Handshake airdrop worth about $ 2 million USD, dedicated to the development of Namecoin, laundered against Bitcoin in the meantime. As declared in the NFT auction notifications, the proceeds from the auctions will be taken to fund the development and maintenance of the new Namecoin DNS apps, which work on the mainstream browsers for desktop and mobile devices in HTTPS mode. Something what the Namecoin community haven't ever seen running until today.

What exactly are OGs?  I'm not sure.  "Namecoin OGs" are something I've never heard of.  If this is referring to squatters, they should market themselves as dick-handlers or DHs.

You can create your own binaries and distribute them under a name other than Namecoin.  Instead of trolling the Namecoin community, why not create your own "UweCoin"?  You call yourself a developer, but I have yet to see a single bug fix or improvement to Namecoin from you.

I can assure you that you will never become a Namecoin developer.  If you were a "developer," as you claim, you would have sent a pull request with your changes to GitHub in 2019, but you didn't and won't because you're nothing more than a useless annoying noob who is constantly arguing and spamming your disgusting website, which discredits the entire namecoin community.

To me, attacking nutildah, who merited your posts, seems completely stupid.  You should see a psychiatric professional as soon as possible.
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January 01, 2023, 02:30:28 AM
 #2006

Buy signal - on.

From the many one, from one, the source
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January 01, 2023, 07:41:35 PM
 #2007

Love how much time you just wasted there to not change my descisions whatsoever.

Exposing con artists like you and Daniel Kraft, is not a waste of time.


When did you buy Namecoin?
I'm looking at the market, and you didn't even make a sound; my fart produces more spikes on the chart than you.  Cheesy

BayAreaCoins' swap have for you 150 Namecoin, go and get them quick: https://altquick.com/swap/
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January 01, 2023, 08:06:32 PM
 #2008

Love how much time you just wasted there to not change my descisions whatsoever.

Exposing con artists like you and Daniel Kraft, is not a waste of time.


When did you buy Namecoin?
I'm looking at the market, and you didn't even make a sound; my fart produces more spikes on the chart than you.  Cheesy

BayAreaCoins' swap have for you 150 Namecoin, go and get them quick: https://altquick.com/swap/

Ah yes, can't hear my voice yet. Well that's original.

It's funny how little I care about your game. I don't have to acknowledge you but I do. If I didn't give a response, it'd be hard to prove I care about the concerns of others - despite them having whatever opinions they have about me. On top of that though, don't confuse my lack of an emotional reaction with getting a "rise" out of me. I remain undeterred from how I currently view the state of this particular project - as a part of many other braided (intertwined) activities.

The truth is, I exist. It's hard to influence someone in my position - I am perfectly comfortable being the first-last man standing if the situation has been examined from every different angle possible with the condition, and here's the kicker, I could be wrong because of the sheer complexity of the universe and the limits of humankind.

But go ahead "cyberterrorist" -- also try and shake me with you little harassments, it's amusing. Pollute my name, blah blah.

You cannot change my purpose. You cannot shame me with money, (who would ever think I'd never need any ...) - you despise me? That's cool. I blame that on your ignorance.

It's funny you pretend charts are important. It's what you are not aggregating that has the most value of all. My voice and my transactions are not on your charts. I think that's just a narrative to go along with your feeble and primitive accounting. I'm pretty good at accounting myself. If you ever need help, just ask. No need to be a cybertwerp. Please though, keep going. I would love to laugh at your attempts to sway me or get me to fight for my reputation on the bitcointalk forums.

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January 02, 2023, 07:47:42 AM
 #2009

Squatters happen everywhere, who cares?  There is nothing stopping websites from being developed on .bit

The closer and more integrated JR and the Namecoin Devs get to integrating .bit into web browsers the more the trolls come out in deep fear!  (The namecoin Core integration has come a LONG way the last 2 years)

I am sure "Cyberterrorist" takes orders from his FBI handlers who in turn work for Goldman Sachs and Blackrock


I am not sure what they fear most that Namecoin will help Bitcoin mining or if they really fear .bit domain websites?



If the FBI spends so much time as the Twitter Files reveal, them sending some dumbass with the name "cyberterrorist" isn't outside their work history!
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January 02, 2023, 12:38:46 PM
 #2010

Squatters happen everywhere, who cares?  There is nothing stopping websites from being developed on .bit

The .bit TLD is not associated with Namecoin!  I'm not sure how many times I have to repeat myself.

You have been misled into believing that Namecoin is a coin that grants you a .bit domain, which is not the case.
You can register .bit domains in other Namespaces or register a completely new TLD, such as .talk in the talk/ Namespace.
You are not required to use d/ simply because some con artist tells you to.

The .bit TLD is proposed by a completely separate project known as the "DOT-BIT Project," which used Namecoin.
Claiming that Namecoin is the "DOT-BIT Project" is absurd and severely harms Namecoin's reputation.



The closer and more integrated JR and the Namecoin Devs get to integrating .bit into web browsers the more the trolls come out in deep fear!  (The namecoin Core integration has come a LONG way the last 2 years)

Jeremy Rand is not a Namecoin developer!  Namecoin hasn't even been developed since Vince announced it in this thread.
There are projects that use Namecoin, but it is critical that everyone understands that each of those projects is entirely independent of Namecoin.
Daniel Kraft occasionally merges from upstream Bitcoin, and that's all, purely maintainer work.


Your assertion that web browsers will incorporate the .bit TLD is incorrect and extremely dangerous.  Web browsers integrate the Namespace rather than the TLD.

If a browser looked up the value first, rather than the Namespace, there would be complete chaos, with websites being hijacked in seconds.

There have been attempts to hard code the d/ Namespace into Tor Browser, but the Tor Project will never approve what Jeremy Rand desires.  I will make certain that such a feature is never implemented in Tor Browser.  It is Jeremy Rand's personal project that only serves his own interests, much of which are purely financial, charlatan, such as Daniel Kraft, who uses Namecoin to promote his for-profit companies with which he launders money in Malta.
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January 17, 2023, 08:35:28 PM
 #2011

I will make certain that such a feature is never implemented in Tor Browser.
lmao I'm sure you're so important that if anyone can stop this it's you!

On a more serious note, I'm finding it weird there would be people so obsessed with attacking this coin. AFAIK there aren't any exchanges were you can short it. Maybe a rival project scared of what would happen if this coin actually does get browser implementation? There's obviously some kind of motivation to spend time writing these posts otherwise it's just as easy to ignore the thread and not draw attention to the project. :thinking:

That said, the idea of browser implementation has been floated around for like 10 years now with not a whole lot to show for it. I can understand long time supporters being frustrated but it's kinda weird there are people who seem genuinely upset that the possibility it happens still exists?? lol?

Full disclosure: I'm just a long time holder from like 50 cents back in the old BTC-e days and sell some whenever price wicks up then accumulate more. I'm mostly involved in trading other coins and don't really care what happens cuz the risk reward is too good given such a small market cap and what would happen if some _real_ good news were to break. If the coin goes to 0 won't be a big enough loss for me to care that much (in some ways would be nice to have the closure) but on that small chance the project really does pull through it's going to be so worth the wait.
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January 18, 2023, 12:21:21 AM
Last edit: January 19, 2023, 05:23:07 AM by BayAreaCoins
 #2012

BayAreaCoins' swap have for you 150 Namecoin, go and get them quick: https://altquick.com/swap/

Someone sold a whole 14 NMC too today on swap today.

I'm adding to NMC's main AltQuick markets liquidity, slowly but surely.

Anyone can place an order for any amount they want for your Namecoin.  We need more market makers.

https://AltQuick.com/exchange/ - Trade altcoins & Bitcoin Testnet coins with real Bitcoin. Fast, private, and easy!
https://FreeBitcoins.com/faucet/ - Load your AltQuick exchange account with free Bitcoins & Testnet every 10 minutes.
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January 18, 2023, 06:58:03 PM
 #2013

Can any namecoiner tell me what is the safest exact place to download electrum wallet please?TIA
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January 19, 2023, 04:55:37 AM
 #2014

A lot of deleted posts, a few edited posts, a ban, wow this thread certainly attracts a lot of drama.

Nope, without convincing proof that satoshi is vinced, he did not.

He simply chimed in his thoughts in an ongoing discussion about BitDNS, which preceded and is entirely separate from Namecoin.
You shouldn't assume I didn't see your FUD a few weeks ago, but everyone embarrasses themselves as best they can! All I can say in response is that you haven't contributed anything to the Namecoin project so far - other than sending merits here and spreading FUD. So on topic, Satoshi is not vinced. Before you keep spreading FUD, you should start reading at the initial post of this thread: Namecoin is a naming system based on bitcoin with a few modifications.  It is inspired by the bitdns discussion. Namecoin wasn't created out of thin air, and undoubtedly Satoshi's contributions were the most important, as cited especially with regard to the proposal of merged mining.

This was the comment I was referring to in the above quote:

But every BitcoinTalk member should know that even Satoshi Nakamoto contributed on this project

This is factually incorrect and its not "FUD" to call it out as such. Satoshi was gone from the public eye before Namecoin was released. There is no record of him lending a hand in the building of the Namecoin software, other than he created the software from which NMC was forked. Because he floated a few substantial ideas in the BitDNS thread it does not mean he "contributed on" Namecoin. He contributed ideas to BitDNS -- no programming or development.

This line is just used by some of the more dishonest peddlers of re-registered NMC assets as "Historical NFTs" to pump their bags. Dunno why Trade Runner deleted all his posts, but anyway, it is worth clarifying for the record.

Also for the record I think the old domains and names are kind of cool. I liken it to "would you want to re-register askjeeves.com if given the chance?" Sure, it would be fun to own as a historical collectible. It has an interesting story behind it and collector value. They are cool in their own right; no need to artificially inflate their significance with some verbal slight-of-hand.

Alright I guess that wraps er up for now, see you all in a year or so Cheesy

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 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
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February 09, 2023, 11:04:01 PM
 #2015

A question: Was Taproot activated in Namecoin?

The reason I ask is because in theory Namecoin would be the ideal place for the Ordinals project and above all their Inscription feature ("save art on the blockchain"). It's a chain which always was linked to unique things (names, identities, domains ...) and thus the NFT concept would be a good fit, or not? Ordinals would need Taproot to work, although a similar feature could perhaps be built with OP_RETURN if the limit isn't too low on NMC.

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domob
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February 10, 2023, 11:54:41 AM
Merited by d5000 (1)
 #2016

A question: Was Taproot activated in Namecoin?

The reason I ask is because in theory Namecoin would be the ideal place for the Ordinals project and above all their Inscription feature ("save art on the blockchain"). It's a chain which always was linked to unique things (names, identities, domains ...) and thus the NFT concept would be a good fit, or not? Ordinals would need Taproot to work, although a similar feature could perhaps be built with OP_RETURN if the limit isn't too low on NMC.

It is not, but I think there are no important objections.  It just needs to be scheduled and coordinated with miners.  (And due to a conflict with merge mining, versionbits is not working on Namecoin (yet), so the activation code itself would have to be modified to be based on a block height or timestamp, but that is of course not a big issue.)  I expect that it will be activated sooner or later, just like Segwit was.

Your point about ordinals is a very interesting one.

Use your Namecoin identity as OpenID: https://nameid.org/
Donations: 1domobKsPZ5cWk2kXssD8p8ES1qffGUCm | NMC: NCdomobcmcmVdxC5yxMitojQ4tvAtv99pY
BM-GtQnWM3vcdorfqpKXsmfHQ4rVYPG5pKS | GPG 0xA7330737
d5000
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February 12, 2023, 09:24:25 PM
 #2017

Thank you for your answer! I would love to see progress on this (I'm not part of the Ordinals project, and see some parts of it skeptically, at last on Bitcoin, but it is interesting).

Of course one can't predict if a relocation of Ordinals to Namecoin would have the desired success, as NFTs' value proposition has much to do with things like "prestige", and thus a NFT on the "OG Bitcoin" blockchain (as I've read it) may definitively push the value of some of these "digital artifacts" a bit. But maybe it's worth a try. Of course, other bitcoin-style blockchains like GRS (where Taproot, afaik, is already activated) can also be used, but I see a better fit for NMC due to it having been developed specifically for non-financial purposes, because Namecoin names have already had some exposition in the NFT "scene", and because it's merged-mined with BTC and so it could be viewed as an "extension chain" of "OG Bitcoin".

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PrimeHunter2023
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February 20, 2023, 06:48:48 PM
Last edit: February 20, 2023, 11:55:37 PM by PrimeHunter2023
 #2018

A general suggestion for Namecoin.

Create three hardforks which can all use the same wallet if a person has all three blockchains.

Fork 1 Classic Namecioin.
No different than the current one except it has a button that says "clone/fork" and when you press it there is a pop up that says "Would you like to create a clone with a new genesis block, or fork at a certain block?"

Fork 2 New Namecoin
A fork of classic with all existing coins reduced by one or two decimal points, and an increasing emission curve which would solve the massive problem 'satoshi' created without confusing everybody the way freicoin did.

Namecoin's distribution is not as bad as bitcoin or ethereum but because there are large holders in Eastern Europe, a decimal point shift would reduce the pressure put by the U.S. on exchanges to not list Namecoin.

Fork 3 Fair Namecoin
New genesis block but with an updated emission curve to create a fair economy.
Start with a 1 million coin donation to a charity to create an initial supply for traders. Make sure the trading algorithm the charity uses is fully public, like place 10k coins at every integer fraction, and when a lot sells place a buy order at 70% of that level with 95% of the money and use the remaining 5% to feed elephants.

This thread is largely populated with clever saboteurs, but Namecoin could be an important coin if it were made practical and useful.

Most of the commenting on the thread is stupidity. For example the whole profit aspect of coins is that you buy coins and squat on them until you can sell them for a profit. Coin squatting, keeping coins without trying to use them, is the toxicity of coin economies. Squatting on .bit names is quite a bit riskier but if somebody can do it profitably they are smarter than a coin squatter.

Traderunner and others who actually try to do something, whether or not you like their subproject, are ultimately driven away by the morons who appear to be trying to sabotage the coin.

edit
On chain arbitrage between the three chains would let people diversify, and if 10% of the 1 million charity coins were used to create a permanent arbitrage market between the coins, at a very high price initially then slowly declining, it would create a solid floor* in the price of all three forks if the charity traders placed buy orders at the right levels.
*Floor vs whatever outside currency is used on an exchange, and floor for the charity fork vs the other two forks.

Also Satoshi was at least one of the top ten people involved in the process of creating Namecoin.

https://bitcointalk.org/index.php?topic=6197.0

https://bitcointalk.org/index.php?topic=2072.0

It's completely meaningless except that the celebrity factor is 99% of the value of a lot of coins, and Namecoin is the only coin aside from bitcoin that has that celebrity endorsement.
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February 21, 2023, 05:59:20 AM
 #2019

Traderunner and others who actually try to do something, whether or not you like their subproject, are ultimately driven away by the morons who appear to be trying to sabotage the coin.

Um, what has TradeRunner done or what service has he provided?

https://AltQuick.com/exchange/ - Trade altcoins & Bitcoin Testnet coins with real Bitcoin. Fast, private, and easy!
https://FreeBitcoins.com/faucet/ - Load your AltQuick exchange account with free Bitcoins & Testnet every 10 minutes.
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February 21, 2023, 02:56:38 PM
 #2020

This thread is largely populated with clever saboteurs
Says the person suggesting a 3-way fork Roll Eyes
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