GetDotBit.com Offers Free Domain Names Powered By Namecoin
GetDotBit.com is a domain name platform for registering .bit (dot-bit) URLs that recently launched. Users can now register a domain name for free. Additional names cost one dollar each. Domain names registered on GetDotBit.com are 10 times less expensive than their traditional counterparts. Domain names typically cost $10 yearly through GoDaddy.com or similar services. The more important benefit provided by GetDotBit domain names, however, is the control provided by a decentralized, open-source information registration and transfer system. GetDotBit domain names are powered by Namecoin, a....
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Daniel Ternyak, CEO and founder of the “no nonsense” .bit domain name registrar GetDotBit, launched his project on April 23. Since then, he has offered no-cost registrations to his customers for their first domain name. Over 700 .bit domains have been registered so far, and he says an end date for the free registrations is “not yet” planned. He continues: CoinTelegraph spoke with Ternyak to find out about the benefits, besides little to no financial cost for the registration, of owning a .bit website. “Anyone even remotely interested in Namecoin should go grab [a .bit domain].”....
Namecoin is a Bitcoin derivative that allows you to register names and data into a public blockchain. It bypasses going through central agencies that can take down your websites by removing the DNS entry. Namecoin isn't one of these dozens of "me too!" cryptocurrencies popping up each day. In fact, Namecoin is barely even used as a currency, althought have very high value for a non-bitcoin cryptocurrency. That's not its reason for existence. It exists to register domain names that can be used around the world without relying on government-controlled entities who can delete anything at a....
Namecoin, the basis of a decentralised domain name system (DNS), has been found to have a fundamental flaw which allows any .bit domain to be taken over ... by anyone. There are over 103,000 .bit domains, and while evidence suggests none of them have been maliciously taken over, the protocol that governs those domains cannot be trusted until fixed. While Namecoin was a coin that could be traded like any other cryptocurrency, it had a much nobler function in life than being a mere commodity to trade and spend. The raison d'etre of Namecoin was to provide a decentralised and....
Namecoins are making a niche for themselves on the Internet with the .bit Top Level Domains. At the time of writing, there are more than thousands of registered .bit addresses. However, to use a Namecoin powered .bit domain name, one needs to be a Namecoin wallet holder. Also, currently only a few browser extensions/plugins, which you could get from FreeSpeechMe.org or sites like dotbit.me, can be used to access the .bit domain sites right from your default browser like Chrome or Firefox. The Internet of the Common people is different from that of the Internet of the technologically....
Namecoin's domain-name system is an attractive environment for malicious users, but is not likely to gain widespread use among criminals, according to a research report from digital security firm Trend Micro. The report, published last September and written by members of Trend Micro's Forward-Looking Threat Research Team David Sancho and Robert McArdle, outlines the properties of the namecoin top-level domain system that leave it open to abuse by malicious users. These include cheap and anonymous domain-name creations and a system that places domain-names out of the reach of central....