Namecoin (sign: ?; code: NMC) is a cryptocurrency which also acts as an alternative, decentralizedDNS, which would avoid domain name censorship by making a new top level domain outside of ICANN control, and in turn, make internet censorship much more difficult, as well as reduce outages.[3][4][1][2]...
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Eamonn O Brien
I've just read it briefly. Again not being very tech savvy my first presumption is that Namecoin will be used as a medium of exchange to set up a domain name for a bank? :(
Printed copy · Anthology Volume 7, page 62Printed copy from The Tender For Law Anthology, Volume 7, page 62 (printed 13 June 2014). Added by this site; not part of the Facebook export.
Eamonn O Brien
I will read it again and again obviously...
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Scott Duncan
It will replace/enhance the current DNS system. This means a government "kill switch" becomes impossible.
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Scott Duncan
YOU will contribute and get paid for it.
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Scott Duncan
Better than mining. All you have to do is leave your client running and you get paid.
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Chris Evan
Mhmmmm....this is becoming clearer
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Eamonn O Brien
Gotta spend a bit of time educating myself about the machines! :)
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Scott Duncan
You, and about a billion others. :)
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Pete Daoust
:-D
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Pete Daoust
Fuck, I knew it was about this DNS thing.... :-D
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Eamonn O Brien
Removed this comment as I jumped the gun... :p
Printed copy · Anthology Volume 7, page 63Printed copy from The Tender For Law Anthology, Volume 7, page 63 (printed 13 June 2014). Added by this site; not part of the Facebook export.
T?lis B?auns · Brauns Orig Libau Tālis
Banks don't need ME or taxpayers anymore , the machines control the banks, mertics fudged, stock markets flooded, paper dragons rule.
/www.youtube.com/watch?v=F5KV-iaMKK0
Printed copy · Anthology Volume 7, page 63Printed copy from The Tender For Law Anthology, Volume 7, page 63 (printed 13 June 2014). Added by this site; not part of the Facebook export.
Eamonn O Brien
https://www.youtube.com/watch?v=2ZUxoi7YNgs
Short vid showing how the current DNS (Domain name system) works... :D
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David Vilaca
Proposed potential uses for Namecoin besides domain name registration include:
Identity systems[9]
Messaging systems[10][11]
Personal namespaces[12]
Notary/timestamp systems (note that this is not unique to Namecoin, other cryptocurrencies could implement this too)[13]
Alias systems[14][15]
Printed copy · Anthology Volume 7, page 64Printed copy from The Tender For Law Anthology, Volume 7, page 64 (printed 13 June 2014). Added by this site; not part of the Facebook export.
Eamonn O Brien
So my better educated than yesterday's guess is that we will be setting up a bank on the .bit domain server which is out of reach of regulatory bodies thus giving customers a guaranteed service with no chance of interference?...
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Scott Duncan
Yes...AND using it PAYS you. :P
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Scott Duncan
You can't compete with that.
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Anibal Jose Baez · Mackximus Minimus
Can I get some "Hellos"?
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Pete Daoust
NNNOOOOOOO......fuck :P
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Eamonn O Brien
How will their use of the bank benefit me? Fees? I'm trying to get a clearer picture of what we're doing... :D
Printed copy · Anthology Volume 7, page 64Printed copy from The Tender For Law Anthology, Volume 7, page 64 (printed 13 June 2014). Added by this site; not part of the Facebook export.
Eamonn O Brien
Just thinking there, taking what I've learned into account. Banks only act as a currency exchange. If I have an online bank that's reserves are Dogecoin for instance, I can act as a currency exchange for customers... I may be totally off the mark there. Just thinking out loud...
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J.P. Alexander · Jesse Alexander
Now accepting NameCoin
MyiMebeqWG6nJukdTMAoU7EBVxLxRkWeJQ
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Eamonn O Brien
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Eamonn O Brien
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Scott Duncan
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Scott Duncan
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Scott Duncan
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Chris Evan
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Eamonn O Brien
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Scott Duncan
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Pete Daoust
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Pete Daoust
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Eamonn O Brien
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T?lis B?auns · Brauns Orig Libau Tālis
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Eamonn O Brien
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David Vilaca
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Eamonn O Brien
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Scott Duncan
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Scott Duncan
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Anibal Jose Baez · Mackximus Minimus
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Pete Daoust
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Eamonn O Brien
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Eamonn O Brien
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J.P. Alexander · Jesse Alexander
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Lee Edgely
Anibal Jose Baez
Scott Duncan
Anibal Jose Baez
August le Blanc
Scott Duncan