Tags: Currency.
Namecoin (sign: ℕ; code: NMC) is a cryptocurrency which also acts as an alternative decentralized DNS which would avoid domain name censorship by making a new top level domain outside of ICANN control and in turn make internet censorship much more difficult as well as reduce outages.Namecoin uses modified Bitcoin software and like Bitcoin there is a limit of 21 million Namecoins. Each Namecoin is divisible down to 8 decimal places. Namecoin currently uses the .bit domain.
