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Namecoin is not controlled by anyone in particular. If it grows in demand and people want the inflationary feature (or anything else), it will be implemented by
by walden42 13y ago
Namecoin is not controlled by anyone in particular. If it grows in demand and people want the inflationary feature (or anything else), it will be implemented by the network.
- bachback 13y agono, money supply is fixed. changing money supply like doge did is possible, but risks destroying the network.
- kushti 13y agoMoney supply is fixed but prices for database record insertion/update could be changed painlessly.
- sillysaurus3 13y agoIf the money supply is fixed, then people will have a harder time acquiring namecoin after all the namecoin is generated. People will have to buy it, and since it's a scarce resource, it may become extremely expensive. Especially if namecoin exploded in popularity. I suppose if it becomes expensive then the namecoin admins could lower the cost of database inserts/updates. But it seems like that would prompt the price per namecoin to rise accordingly, because the value of namecoin is a single database insert or update.