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We need a NameCoin rewrite, preferably based on Algorand (for energy efficiency). And perhaps a rent-oriented namespace instead of a buying oriented one. If a s
by DoctorOetker 7y ago
We need a NameCoin rewrite, preferably based on Algorand (for energy efficiency). And perhaps a rent-oriented namespace instead of a buying oriented one. If a sybil-free system can be erected, every host would be renting namespace from the public, as it is a burden for the public to have to memorize more complicated strings for their actual favourite sites.
- Legogris 7y agoWhat's your opinion on ENS? (https://ens.domains/ https://ens.domains/)
- DoctorOetker 7y agoethereum is based on Proof of Work, so can not be as efficient as consensus algorithms designed to not require PoW (like Algorand, which has the clearest mathematical / algoritmic underpinning / proof under a very strong attack model, if you know of others, I would certainly be interested)
- bitxbitxbitcoin 7y agoThe trilemna (trade off) between security, decentralization, and human-readability is known as Zooko's Triangle [1]. One Namecoin inspired blockchain project that has solved Zooko's Triangle is Handshake [2]. [1] https://en.m.wikipedia.org/wiki/Zooko%27s_triangle https://en.m.wikipedia.org/wiki/Zooko%27s_triangle [2] https://handshake.org/ https://handshake.org/