It is my understanding that Ethereum is a platform that will allow for various applications, contracts and cryptocurrencies to work under one ecosystem. Cryptocurrencies like Namecoin will be very easy to create on Ethereum (5 lines of code), does this kill currencies like Namecoin once Ethereum is Launched or can they port over to Ethereum?
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I reckon the neatest way is to just have a Merkle tree just sell all names as usual, but if you buy one in the list, we can use a Merkle path that it is, and take it back if the domain-name owner shows up. The gui should warn you if it is on the list, I suppose. We'd also want to have a mechanism to give up that power once the domain-name owner is happy. (we'd have to check, that is potentially going to be a lot of work if we really get popular..)
Really dont quite understand the user of
.org
,.net
,.com
, etcetera.. Not sure if that would be taken over? Might, though.I also expect there will be sub-domains, and these can have their entire own system. That could including mirroring namecoin with the same Merkle tree approach, if the ethereum team decides not to do it.(but you would be in a subdomain)