looking for this?: https://en.bitcoin.it/wiki/Difficulty#How_soon_might_I_expect_to_generate_a_block.3F

still think you should rather improve Namecoin

Not true. Namecoin is opensource. We can't fork it because dianna's design went far away from namecoin design. We cant improve it, because we will destroy it by this improvement.

NameCoin and any other fork always vulnerable to 51% attack.

Also, if you set correct dynamic fee, it will destroy namecoin, as it destroying it.

I see the acceptable domain price around icann values ~$10/year.

Are namecoin going to destroy all these money?

The hotel owner is not a person but the network as a whole. the money destroyed is the fee payed for the domains.

destroying coins really is not a problem at all. new coins are being mined. limits could be raised - while at the moment despite all the destruction coins are still too cheap.






NameCoin is not really vulnerable to a 51% attack. because of merged mining it is much much safer than all the other forks. From the difficulty I estimate the Namecoin hashrate to be 40% of the Bitcoin hashrate - that means not even deepbit could 51% attack it.
In my eyes it is the most secure cryptocurrency next to bitcoin - though being a currency is not a even particular goal.

edit 2012-02-24: oops, I got that one wrong - deepbit sure could run a successful 51% attack, but only deepbit. And I trust Tycho more than other pool operators.

I will only believe you can build a system as safe when I see it working.


imho the price of namecoins should be just so high that domain hoarding/squatting is prevented. actually the only reason for namecoins having a value is to do that and to guarantee mining.

if I could set a price it would be $1/year now and $5/year once it is established (=supported by mainstream dns servers)



Please understand I enjoy your interest and work for decentralized dns very much - it might even give some additional momentum to Namecoin.
The day might come when bitcoin will desperately need p2p dns. But I think you approach is wrong or at least the reasons you give don't make sense to me.

I think you chose not to debate because your arguments are vague and full of holes. You have oft repeated this "going to destroy namecoin", but that is as good as the argument gets, that you have repeated it many times doesn't make it more or less truthful.

But each to its own and the proof of the pudding is always is in the eating ... let me know when DIANNA is ready for "stress testing", I'll go sharpen up some 'test' tools.

Your arguments consist of vaguely written documents and flow charts. Your amazing leap of logic is that burning a few coins for the name_firstupdate op will ZOMG! "destroy namecoin" (somehow, maybe) is ridiculous and, as yet, unsubstantiated in theory or practice.

And please do not put filthy words like that into my mouth, I never said anything like that.

I can't get past the broken English, which may have something to do with the lack of nuance and communication.

Easy, easy, man. Let's be more constructive.

I think bopth sides ( if u want to call them this,,because they are rather on the same side) have a lot to contribute..

The comunicative problems here may arise from different angles of obeservation & diffrent lanuages , language skills etc.

Please dont let bekome nitpickers here !

I think the Problem here is u are all very very bright individuals doing very important work and sometimes it is not easy to communicate a vision ..but hey thats what the market of ideas is for..we`ll how it all endes..but please stop hindering all this producitve work done with fighting !

I love to read you guys !   and if we get 2 working p2p dns systems who cares   i will use both for different things ^^

Love each other !

throwing cat pics at each other is at least very humorous ^^