Namecoin (NMC) News

Namecoin (NMC) is an open source technology that enhances decentralization, censorship resistance, security, speed and privacy of many components of Internet infrastructure like identities and DNS. NMC uses Proof of Work consensus system known as “Merged Mining,” the procedure that reuses partial solution to PoW issues from parent cryptocurrencies as a valid PoW for child cryptocurrencies. Acting as decentralized DNS, Namecoin (NMC) was the very first fork of Bitcoin, the first coin to apply merged mining among the oldest blockchain ventures around. Namecoin can easily be traded on different cryptocurrency exchanges, like Bleutrade, Poloniex, Livecoin, YoBit, Cryptopia, WEX, etc. Although Bitcoin (BTC) is the most selected pairing option, Namecoin can also be exchanged with DOGE, ZAR, GBP, USDT, and USD. Namecoin (NMC) can record and transfer the arbitrary names securely, and give a value to the names. Namecoin names are hard to seize or censor. You can buy NMC either through an exchange or mine them normally or via merged mining with Bitcoin. You can store Namecoin utilizing core client which its team offers. It is available on Linux and Windows operating systems.