Published on: 2011-12-13T00:42:26+00:00
In a discussion from 2011, Jorge Timón raises the question of whether using Namecoin to reserve email addresses and other strings would be unusual. Luke-Jr responds by pointing out that using Namecoin has the same issue as FirstBits, which is that they are both inexpensive. However, vanitygen at least slows down the process of acquiring common words. Another participant in the discussion suggests reserving the string "jtimon at nottaken.org" or "jtimon::public::receiving::bitcoin" directly in Namecoin. This prompts the original poster to express confusion about the problem they are trying to solve.Moving on from the discussion about Namecoin, the context shifts to usability issues related to Bitcoin. The person sharing their experience explains that they encountered difficulty when attempting to pay for a drink using Bitcoin because they didn't have a mobile phone to scan the QR code on the wall. Instead, they utilized FirstBits to find the bitcoin address from the website and completed the transaction through their terminal.The conversation then delves into the proposal for Namecoin, with concerns raised about its potential dependence on unproven technology. The argument is made that alternatives such as HTTPS/DNSSEC, which have proven reliability due to their longstanding presence, would be better options. Additionally, it is noted that Namecoin's centralization is not a significant concern for end-users, as it could potentially cease to exist at any time.Overall, this context emphasizes the importance of user-friendly solutions within the realm of cryptocurrency, highlighting the usability challenges faced when using Bitcoin and discussing the potential advantages and disadvantages of implementing Namecoin.
Updated on: 2023-08-01T02:44:08.061157+00:00