Cryptocurrencies 16285 Dominance BTC 54.25% ETH 11.69%
Market Cap $3,580,401,071,011 24h Volume $170,330,474,871

Namecoin Live Price Update & Market Capitalization

Namecoin NMC

$0.967 2.94%

Market Overview

Namecoin current market price is $0.967 with a 24 hour trading volume of $22,146. The total available supply of Namecoin is 0 NMC with a maximum supply of (Not Available) NMC. It has secured Rank (Not Available) in the cryptocurrency market with a marketcap of $0. The NMC price is 2.94% up in the last 24 hours.


The lowest price of the Namecoin is $0.919 & the highest price is $0.976 in the last 24 hours. Live Namecoin prices from all markets and NMC coin market Capitalization. Stay up to date with the latest Namecoin price movements. Check our coin stats data and see when there is an opportunity to buy or sell Namecoin at best price in the market.

Market Rank

#(Not Available)

Namecoin Price

$0.967

Price Change (24h)

$0.03 2.94%

24h Low / 24h High

$0.919 / $0.976

Market Cap

$0 0%

Trading Volume (24H)

$22,146

Circulating Supply

0 NMC

Max Supply

(Not Available) NMC

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Namecoin Historical Data Price Chart

24h

2.94%

7d

-8.7%

14d

-18.9%

30d

-1.34%

60d

58.62%

1y

1.73%

Namecoin Markets Exchange Data

Compare live prices of Namecoin on top exchanges.

#ExchangePairPriceVolume (24h)
CoinExNMC/USDT$0.969$11,073
CoinExNMC/BTC$0.967$11,097
Komodo WalletNMC/KMD$0.818$84
AltcoinTraderNMC/ZAR$0.930$376
YoBitNMC/BTC$0.512$3
YoBitNMC/RUR$0.369$0

About Namecoin (NMC) Cryptocurrency

Namecoin is a domain name registry service and was the first coin to fork Bitcoin. Similar to registering a .com or .io domain name, you register a .bit domain on the network. This domain is censorship-resistant and impervious to activity tracking. Governments and large corporations control traditional domain name services (DNS) servers. This control is how the Chinese government, for instance, can block websites that go against their beliefs. To prevent this level of censorship, Namecoin uses blockchain technology to distribute its DNS amongst the users on the network.A pseudo-anonymous founder by the name of “Vince” created Namecoin in 2011. Since then, Vince has disappeared, but a core development team has kept the project alive. The project has several developers listed on the official website and benefits from the contributions of numerous anonymous developers as well. Namecoin has been fully functional for a few years, now, and the development team posts updates several times a month.Namecoin was the first cryptocurrency to use Auxiliary Proof of Work (AuxPoW) for its consensus. By using AuxPow, Namecoin and Bitcoin can be mined simultaneously. In this consensus, the child blockchain depends on the proof-of-work of parent blockchain, which means If a new block is created on Bitcoin blockchain, it will also be added to the Namecoin blockchain. NameID is another technology brought by Namecoin. It serves as an open service for securely registering human-readable names in a decentralized way. NameID is a combination between Namecoin and OpenId, where users can easily convert their Namecoin Identities into OpenIDs. This makes NameID a solution to Zooko's triangle, which states that there are three desirable properties (Human-meaningful, Decentralized, and Secure) for name participants in a network protocol and any participant can only inherit two properties at a given time.Namecoin is among some earliest cryptocurrencies. During its existence in the market, it has seen a high volatility on some occasions, which can be attributed to many reasons. Namecoin has been around in the cryptocurrency market much longer than most cryptocurrencies today; however, despite this, it has not gotten much attention until recently. In 2014, it was among the top ten cryptocurrencies by market capitalisation, which is now changed due to the introduction of hundreds of new cryptocurrencies. Namecoin was abandoned by its creator which can be seen as a red flag by many. The project is currently being developed with the support from its community. The current team has been actively taking the project forward and also provides regular updates on social media channels.

http://namecoin.info

https://www.namebrow.se/

https://twitter.com/namecoin

http://forum.namecoin.info/

https://www.reddit.com/r/namecoin/

https://github.com/Namecoin/namecoin-core

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