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What is Namecoin?Namecoin is an open source decentralized key/value registration and transfer system based on Bitcoin technology (a decentralized cryptocurrency).It allows you to:Securely register and transfer arbitrary names (keys), no possible censorship!Attach values (data) to the names (currently up to 520 bytes, will be extended)Trade and transact namecoins, the digital currency NMCThere are plenty of possible use cases. Some examples:DNS: domain_name => domain_zone_configuration (also for i2p, Tor)TLS: https like encryption and secure identification by Namecoin domain/ID/nameAlias/Identity: user_name => user_public_identity (email, name, gpg key, BTC-adress, etc)Timestamping: document_hash => document_infos (name, hash, owner, etc)Broadcasting / MessagingWeb of trustBonds, sharesVotingTorrent trackerTo register a name, you must own some namecoins (NMC, the internal cryptocurrency used by the software).Find more information in the dot-bit wiki. http://dot-bit.org/Namecoin_Projects
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