Bitcoin is not the only great cryptocurrency around! Look at Namecoin, which is inspired in the world’s most famous digital coin, but uses its own blockchain to create a domain name system as an alternative to the normal registration of domains known as the Internet Corporation for Assigned Names and Numbers (or ICANN), which controls top level domain names. This allows the users to generate censure-free domains, which cannot be controlled by the authorities.
In other words, Namecoin is not only equal to monetary freedom, but also to a free way of expressing yourself online. Of course, so many advantages couldn’t come without bringing a few dangers, but if you can be safe if you know the right way to avoid these cons.
For the experts, Namecoin is one of the most notable altcoins ever created and that is not by chance. Its multi-functional nature is the reason behind all this success, as well as the skyrocketing growth the digital currency registered in 2013.
Several analysts consider that this new year will surely be amazing for the cryptocurrency, as long as the users and coders can still find ways to avoid the hackers and other dangers that might affect the network.
Don’t fool yourself, especially if you are a Bitcoiner: Namecoin is currently one of Bitcoin’s major competitors. The cryptocurrency has even been included in the list of top altcoins of 2013 and is currently an option in many exchanges around the world and around the web! Namecoin’s mission is to help people, so let’s boost its evolution, even if it is just by learning more about it.
Take a look at this awesome infographic and you will see how much a simple visual analysis can teach you. The world of virtual currencies keeps getting more and more amazing every day, so don’t waste more time.
via Business 2 Community http://ift.tt/1fpbTFz
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