Bitcoin Use-cases: Turning Bitcoin, Cryptocurrency, and the Blockchain into a Fully Functional Peer-to-Peer Internet
Stay N' Alive
DECEMBER 18, 2013
Namecoin, in essence, is replacing the need for ICANN in domain distribution for the.bit top level domain. They do it by storing the domain names in digest form on the blockchain (and suggest you can do this with other types of documents and text, as well), giving a permanent place to look up ownership with guaranteed authenticity.
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