Wikipedia:Articles for deletion/Namecoin (3rd nomination)


 * The following discussion is an archived debate of the proposed deletion of the article below. Please do not modify it. Subsequent comments should be made on the appropriate discussion page (such as the article's talk page or in a deletion review).  No further edits should be made to this page.

The result was keep. Star  Mississippi  20:04, 12 July 2022 (UTC)

Namecoin
AfDs for this article:


 * – ( View AfD View log | edits since nomination)

Minor cryptocurrency with limited actual coverage. Sources found are the usual cryptonews sites of questionable reliability and connection. Fails WP:GNG. Slywriter (talk) 14:37, 25 June 2022 (UTC)
 * Note: This discussion has been included in the list of Cryptocurrency-related deletion discussions. Shellwood (talk) 14:46, 25 June 2022 (UTC)

Keep per the significant coverage in multiple independent reliable sources.  The book notes: "Namecoin works with the same code as Bitcoin and it is considered the first fork, both operate independently as separate blockchains. This gives an additional feature to store the identity of the users within blocks. The information that is kept can be any personal or digital identity and is stored as a key/value pair. Namecoin is an opensource technology that can be used to improve the speed, security, privacy of the internet setup for DNS and identities. Namecoin is resistant to any attack as they are tamper-proof and every user in the Namecoin platform must be altered to perform attacks. As mentioned, it is decentralized and transactions take place in a peer-peer network."  The book notes: "Namecoin is an alternative cryptocurrency (i.e., an altcoin) derived from Bitcoin. It was the first fork of Bitcoin and, hence, the second distributed cryptocurrency in history. Besides being a cryptocurrency, Namecoin intends to provide an alternative to the Domain Name System (DNS) and offers the possibility to store arbitrary name-value pairs in its blockchain. The underlying design of Namecoin is heavily based on Bitcoin but extends the Bitcoin protocol by introducing transaction types, which introduce a structured approach toward handling the storage and management of additional information in the blockchain (e.g., DNS entries).  The book notes: "Namecoin can be considered as first big strand of Altcoins, which became created in 2010 and can be described as decentralized name registration database on-blockchain. In other words namecoin represents a top level domain (TLD) address ending with a ".bit", which can be bought and sold, and thus can be considered both as sort of backed cryptocurrency and a non-fungible but tradable asset. ... In contrast to Bitcoin and many other Altcoins Namecoin represents a backed virtual currency, backed by a scarce resource in terms of an unique ".bit" TLD address."  The book notes: "One of the first examples of the application of the blockchain is Namecoin. Currently, the Internet Corporation for Assigned Names and Numbers (ICANN) governs nearly all top-level Web address domains such as ".com." Namecoin acts as a decentralized Domain Name Service that is resilient to censorship and serves as a new domain name system for registering Web addresses that end in ".bit." By doing so, Namecoin empowers its miners to distributively control domain names. ... Recent studies have however shown that most users of Namecoin are not active and that the existing market for domains is almost nonexistent. For instance, [3] reveals that among Namecoins roughly 120,000 registered domain names, only 28 have nontrivial content."  The book notes: "Namecoin was designed to overcome this limitation (also referred to as Zooko's triangle). While OpenID solved security and human meaningfulness attributes of Zooko's triangle, Namecoin completed it by including decentralization. Namecoin used the blockchain as an intermediary between the user and the service requesting their identity. Using Namecoin, a user can register their name into the Namecoin blockchain by sending a transaction with their name embedded in it under the /id namespace. When the user sends the transaction, Namecoin stores it if it's unique."  The book notes: "Namecoin (NMC) is both a crypto-currency and a decentralized key/value store. This decentralized key/value store is used to implement an alternative Domain Name System (DNS). ... Namecoin implements an alternative DNS using the .bit top-level domain. The Namecoin protocol adds new transactions to interact with the key/value store: ... Users running a Namecoin node have a fully copy of the key/value store and can access it at any time. Or some users might prefer to connect to a Name-coin node and query the node for specific information, much in the same way that an SPV wallet queries a full Bitcoin node."</li> <li> The article notes: "Namecoin is an alternative cryptocurrency, or alt-coin, modeled after Bitcoin [4]. Furthermore, it is the first altcoin in the sense that it was the first to create its own block chain, separate from Bitcoin’s. Namecoin shares many similarities with Bitcoin, including the same method for proof-of-work, the same coin cap, the same block creation time, and all of the same transaction operations (with a few additions). Namecoin was inspired after discussions about a BitDNS [5] protocol using a block chain to manage a domain name lookup service. The motivation was that a central authority managing domain names, such as ICANN, requires too much trust in a single entity and represents a single point of failure. The first Namecoin block was mined in April 2011, and as of this writing, over 215,000 total blocks have been mined in the Namecoin system."</li> <li> The abstract notes: "The current article examines the peculiarities and legal nature of Bitcoin, Lifecoin, Namecoin, Quark, WebMoney, Ripple and other virtual currencies."</li> <li> The abstract notes: "Namecoin is an alternative crypto currency, based on Bitcoin, with additional features such as DNS. Namecoin network has more than 2 million nodes and almost 17 million edges. The analysis of such a crypto currency network can help us model or predict the future growth of the transaction networks. In order to analyze the transaction network graph over time, we analyzed the Namecoin blockchain data in 7 six months intervals. Our findings suggest different user behavior and developing pattern compared to Bitcoin."</li> </ol>There is sufficient coverage in reliable sources to allow Namecoin to pass Notability, which requires "significant coverage in reliable sources that are independent of the subject". Cunard (talk) 23:31, 25 June 2022 (UTC) </li></ul> Please add new comments below this notice. Thanks, North America1000 08:00, 3 July 2022 (UTC)
 * - Note to closer for soft deletion: While this discussion appears to have no quorum, it is NOT eligible for soft deletion because it was previously discussed at AfD and the result was merge to Bitcoin.
 * Previous discussions:  ←
 * Related discussions:  ←   ←   ←
 * Logs:
 * --Cewbot (talk) 00:18, 3 July 2022 (UTC)
 * <p class="xfd_relist" style="margin:0 0 0 -1em;border-top: 1px solid #AAA; border-bottom: 1px solid #AAA; padding: 0px 2em;"> Relisted to generate a more thorough discussion and clearer consensus.


 * Keep, per Cunard's research above. Previous article didn't have the sources being presented now (as, indeed, many of them didn't exist in 2012). This looks like WP:SIGCOV to me. A news search brings up a substantial amount of stuff as well, much of it industry press, which is generally the case for software topics. I'm unsure of which of those sources are considered reliable here, so I won't mention them, but what's above ought to be enough for anyone. jp×g 23:29, 4 July 2022 (UTC)


 * The above discussion is preserved as an archive of the debate. <b style="color:red">Please do not modify it.</b> Subsequent comments should be made on the appropriate discussion page (such as the article's talk page or in a deletion review). No further edits should be made to this page.