Everything You Need To Know About NamecoinWhat is Namecoin?
Namecoin is a blockchain protocol that serves as a naming system. It is the first altcoin forked from Bitcoin. Namecoin intends to provide a decentralized, secure, and censorship-proof domain name registering services that are outside the control of governments and other centralized authorities.
Since Namecoin is a fork of Bitcoin, it is also a cryptocurrency that can be used for peer-to-peer transactions. Namecoin as a cryptocurrency is identified by its ticker “NMC”. The platform supports NMC mining that can be merged-mined with Bitcoin. More on
CoinSwitch.
Value of Namecoin (NMC) TodayAt this moment and time, NMC is currently trading around $1.64, down 7.10% on the day, and its total market capitalization is US$24,194,473 million according to
CoinMarketCap.
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