NameCoin is one of the oldest altcoins, which are an excellent alternative to Bitcoin. The people who developed NameCoin tried to be innovative by creating their motto, by connecting it to the Bitcoin blockchain. NameCoin therefore uses the alternative DNS currency or Domain Name Server System.
NMC began trading from INR 122.80 on 2 September 2017 and saw a rise towards INR 86.09 on 30 November 2017.
NMC began trading from INR 84.72 on 1 October 2017 and was trending at INR 71.81 on 31 October 2017.
NMC began trading from INR 80.59 on 1 November 2017 and saw a spike towards INR 151.77 on 31 October 2017.
NMC started at INR 157.54 on 1 December 2017 and was valued at INR 266.27 on 31 December 2017.
NMC started at INR 263.61 on 2 January 2018 and dipped downwards to INR 241.63 on 31 January 2018.
NMC started at INR 217.62 on 2 February 2018 and took a downward leap to INR 177.20 on 28 February 2018.
NameCoin is intended to generate registrations of domain names that end in. bit TLD and act as a decentralized DNS. Be aware that the TLD in question has enjoyed high popularity and because the DNS is decentralized, all content on the domains present in the. bit TLD are protected from censorship on the web. There is no centralized authority on the. bit TLD.Hence, no one can block or manipulate the domains that use it.
The DNS system is the most known specificity of NameCoin and is very popular. Aside from that, NameCoin offers a completely secure storage of key / pair data that has the ability to be used to keep any data imaginable or to create services. Indeed, NameCoin.org integrates DNS, Alias / Identity e-mail storage, name, gpg key, BTC address, timestamp of the folders (a hash document of name, hash, owner, etc.), Broadcasting / Messaging and management of duties and actions, protected and optional voting. In addition, since NameCoin is connected to Bitcoin, it is fully secure against the repercussions of the current ASIC wave, as well as all ASICs generated for various algorithms.