|Piling every proof-of-work quorum system in the world into one dataset doesn't scale. Bitcoin and BitDNS can be used separately. Users shouldn't have to download all of both to use one or the other. BitDNS users may not want to download everything the next several unrelated networks decide to pile in either.|
|— Satoshi Nakamoto|
Dot-BIT, the first project using namecoin, is building a domain name system (DNS) using the .bit top-level-domain (TLD). Their goal is to spread .bit domains by providing resources and tools to the community, from developers to end users.
It is very useful to build the DNS system into the currency system because both are prone to corruption and control when they require a central authority to manage them. By making these decentralised and removing the requirement for a central authority we can have the foundation of a secure private internet and domain-name system which has the payment and registration system built in to it.
The best way to get namecoins is with bitcoins since it's still very early days for namecoin which means there's not much support for buying them with standard currencies like there is with bitcoin.
Installation and usage
Installation and usage is now much simpler with the QT client which can be installed from here. For Linux Mint 16, I found that the Ubuntu 14 package worked fine, but the Debian 7 package had unsatisfiable dependencies. I was able to replace the wallet.dat file with a very old one from 2011 and the program launched correctly and listed all my balance and names.
The Namecoin wallet
As with Bitcoin, Namecoin has a file called ~/.namecoin/wallet.dat in which all your coins are stored, but in the case of Namecoin, all your domain names (and any other kinds of names you've created) are also stored in this file as special kinds of coin that can't be spent. You must take care to back this file up and keep it safe from prying eyes because if you lose this data, you lose all your coins and names!
If you use PGP email (which you should) then the simplest way to get a secure backup is to make a tar file of your wallet (you can do you Bitcoin wallet at the same time if you like) and send it to yourself as an encrypted email. This way it's stored off-site in your IMAP folder but cannot be viewed without having access to your private key. To create a tar file of your Namecoin and Bitcoin wallets, do the following.
tar -cf ~/.namecoin/wallet.dat ~/.bitcoin/wallet.dat
You should delete this file after sending it since it's not encrypted.
Note: If you need to reinstall the system, start the daemon and then stop it again to create the .namecoin directory, then overwrite the wallet.dat file with your backed up wallet and restart the daemon. Your balance will show as zero or negative until the blockchain has loaded which could take a few hours or more depending on your bandwidth.
Namecoin domain names
Names can now be registered from within the QT client itself.
You can register full unicode dotBit names no problem, but the DNS system will convert them to punycode. Most modern browsers support punycode, but only certain domains and names are whitelisted by default because unicode characters open up massive potential for phishing attacks by linking unsuspecting users to fake sites with very similar characters in their domain to the real site. Some TLD configurations have protection against this so the browsers can whitelist the whole TLD be default, whereas others that do not only have some specific domain names in the whitelist.
To view the currentl TLDs and domains in Firefox's configuration, go to about:config in the browser and filter the listing with the term "IDN". To whitelist dotBit domains, add a new boolean value called network.IDN.whitelist.bit with the value true.
Note servers handling requests for domains containing unicode characters need to be configured with the punycode version of the name not the unicode version. For example, the domain 道.bit resolves to this site but is converted to the punycode name of xn--8b4a.bit and will only display as unicode in browsers that have made the whitelist change mentioned in the previous paragraph.
Namecoin as an identity system
In addition to domain names, namecoin now officially supports registration of identity information. Currently Bitmessage, OneID.io is a presentation layer for this identity information, and also the NameID (Namecoin ID's + OpenID and an OTR plugin for Pidgin) can use this information. This method uses the id/ namespace for it's information storage in the Namecoin blockchain.
The easiest way to use the NameID system is to use their browser plugin, but you can also use it natively with the namecoin client. The NameID system will provide a message which needs to be signed with namecoin's signmessage function, which can be done from the command-line or from the debug window depending on whether you're using the daemon or the desktop application. The function takes two parameters, the first is the Namecoin address of the ID you're asking to sign in with, and the second is the message which needs to be enclosed within quotes since it contains spaces. This returns a signature hash which is given to the NameID app so it can ensure that you are the holder of the ID in question.
- Open Name System - a protocol that extends DNS by supporting the registration and resolution of user profiles and domains on the blockchain using Namecoin
- okTurtles & DNSChain - see here for a setup tutorial
- Bitmessage merges with Namecoin
- OneName Raises Seed Funding to Fuel Decentralized Identity Protocol
- NameID - Namecoin + OpenID = NameID!
- Namecoin wiki's list of proposed (and current) extensions
- nmcpp - the Namecoin data processing library
- nmcns - the Namecoin resolving library
- GetDotBit - website for registering .bit domains
- dns.dnschain.net - look up individual values in the blockchain
- 2014-12-16: Block reward halved to 25NMC today.
- Namecoin on Facebook
- MeowBit! - there is now a one-click installer for the Namecoin wallet
- Namecoin - a DNS alternative based on Bitcoin
- Namecoin SPA
- NodeNMC - A basic nodejs-based web frontend for namecoin. Displays info in friendly searchable, sortable, paginated tables where applicable
- Namecoin and Bitmessage project proposal - using Namecoin to make Bitmessage addresses human-readable