Namecoin: secure P2P-based DNS

    Namecoin's DNS system is based on the concept of the Bitcoin online cryptocurrency. Here, the protection of the domain / DNS pair is provided by the distributed hash calculation method, so no one will be able to remove your domain, as has recently happened with many torrent trackers and poker sites (more precisely, to remove a domain requires computing resources that are not comparable with the importance of the task).

    In addition, the incentive to create this system was the well-known malfunctioning of DNS, which is generally considered an unreliable system and vulnerable to spoofing the cache .

    Skeptics will say: Well, of course, now you can pay with money that no one uses for a site that no one can visit. But there is another point of view: this is an alternative DNS system, and if its popularity grows at the same explosive pace as the value of the Bitcoin currency, then who knows ...

    In Namecoin, all calculations are carried out in blocks separate from Bitcoin. Otherwise, the systems are completely identical, only domain / DNS pairs are used instead of individual coins, and new, first-update and update transactions are used instead of financial transactions. Accordingly, to get such a pair, that is, register a domain, you need to calculate the Namecoin block on your computer (pay 0.01 NC). In short: install namecoind, then launch one of the standard bitcoin miners and redirect it to the server and port where namecoind works. The difficulty level is now very small, so even on the CPU you can quickly generate a block. Full instructions on registration and configuration are here .

    Each transaction is stored on each computer operating in a distributed computing network. The domain registration period is expired after calculating 12,000 new blocks.

    Namecoin currently only registers domains in the .bit zone. The power of a distributed computing network ensures that two identical domains do not appear and that your DNS address cannot be assigned to any third-party site.

    The project code on github

    In order for Namecoin to gain popularity, you still need to make proxies, extensions to the browser and raise the DNS server.

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