In reaction to the Interwebz imploding last week and inspired by a recent speculation thread at the Cryptocurrency Collector’s Club I got to thinking about our old pal the Domain Name System and how it makes the world go round.
As we just saw it only takes a few centralized points to fail and all hell breaks loose.
Namecoin is a public blockchain that enables its participants to register and resolve ‘.bit’ domains independent of the existing, ICANN regulated DNS infrastructure. Its decentralized and pseudonymous nature lends well to both political dissidents and geeks alike who are just looking for a little more redundancy and immutability in their complex series of tubes.
As you may have guessed from the post’s title I already dove right in and if you really wanted you could continue reading this article at avyenterprises.bit/blog … and if you already are then congratulations! This will mostly just be a review for you so I hope you like cats.
… but we’ll get to all of that. First let’s back up and start from the beginning.