Assuming there aren't any more "any user can steal from any other user" bugs in Namecoin, here's some info on how it's intended to work: http://en.wikipedia.org

Assuming there aren't any more "any user can steal from any other user" bugs in Namecoin, here's some info on how it's intended to work: http://en.wikipedia.org/wiki/Namecoin http://en.wikipedia.org/wiki/Namecoin