Namecoin (NMC)

Namecoin is an experimental open-source technology which improves decentralization, security, censorship resistance, privacy, and speed of certain components of the Internet infrastructure such as DNS and identities.
(For the technically minded, Namecoin is a key/value pair registration and transfer system based on the Bitcoin technology.)
Bitcoin frees money – Namecoin frees DNS, identities, and other technologies.
What can Namecoin be used for?

  • Protect free-speech rights online by making the web more resistant to censorship.
  • Attach identity information such as GPG and OTR keys and email, Bitcoin, and Bitmessage addresses to an identity of your choice.
  • Human-meaningful Tor .onion domains.
  • Decentralized TLS (HTTPS) certificate validation, backed by blockchain consensus.
  • Access websites using the .bit top-level domain.
  • Proposed ideas such as file signatures, voting, bonds/stocks/shares, web of trust, notary services, and proof of existence. (To be implemented.)