Re: [88attendees] Get your bitcoins with your coffee

Jon Hudson <jon.hudson@gmail.com> Tue, 05 November 2013 02:00 UTC

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Date: Mon, 04 Nov 2013 18:00:31 -0800
To: John R Levine <johnl@taugh.com>, Stephane Bortzmeyer <bortzmeyer+ietf@nic.fr>, "88attendees@ietf.org" <88attendees@ietf.org>
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Subject: Re: [88attendees] Get your bitcoins with your coffee
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And then there is the DNS connection....
What is namecoin / Dot-BIT ?

Namecoin is a distributed domain registration system based on the bitcoin concept.
It is part of the Dot-BIT project.

It allows you to :
* register domains (.bit currently)
* be the only person to be able to modify it (no possible external control)

It is inspired by the bitdns discussion and recent failures of the DNS.
* This is a new blockchain, separate from the main Bitcoin chain
* Name/value pairs are stored in the blockchain attached to coins
* Names are acquired through new transaction types - new, first-update and update
* Names expire after 12000 blocks unless renewed with an update
* No two unexpired names can be identical
* Block validation is extended to reject transactions that do not follow the above rules
* The code is here: https://github.com/vinced/namecoin

On Nov 4, 2013, at 5:52 PM, John R Levine <johnl@taugh.com> wrote:

>> Did any IETFer test it yet? What about a bitcoin BoF? :-)
> 
> I got some bitcoins and coffee this afternoon.  Now I just have to figure
> out what to do with the little piece of paper with a QR code it gave me.
> 
> If you have a facebook account, I posted some pictures.
> 
> R's,
> John
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