Post
Topic
Board Altcoin Discussion
Re: Best Altcoin to invest in for 2016 and WHY
by
sidhujag
on 24/11/2016, 02:26:49 UTC
Do they have whitepaper... id like to know how they plan to decentralize internet... without ddns its not realistic.. you cant expect dns providers to all switch to this magic system.. if so then namecoin and other coloured coin chains like emer and syscoin have already got market advantage in that regard

Hi sidhujag,

gerb brought your question to my attention and I'd like to answer.

Domain routing will be done through use of smart contracts. The storage system we use is IPFS, which on its own is
"merely" a filesystem and needs either a centralized gateway or another link layer like IPLD that connect but we take
this one step closer to true decentralization by embedding domain registration directly into the blockchain.

Let me know if this answers your question!

For anyone else interested, here's a few links about our project:

Thread
Website
Slack Invitation


How is it different or the same as emercoin? See their whitepaper they do something similar i think..i still have a hard time seeing  real world switch to something that makes less business sense than say remittance marketplace or removing trust from traditonal processes that will help save end users major money.. or does a ddns do that in your model? If so how?

The idea of ddns was borne from namecoin but was a secondary potential market because of their aliases had data and can be modeled after tld names.. but hardly took off because of lack of business incentive to adopt such a system