Namecoin Price, News and Analysis (NMC)

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Namecoin logo
$1.68
+$0.30 (+18.02%)
(As of 07/23/2018 05:48 AM ET)
1-Hour Price Change +1.84%
1-Day Price Change +18.02%
7-Day Price Change +2.57%
1-Day Volume$137,032.00
Market Cap$24.79 million
BTC Price0.00021857 BTC
Circulating Supply14.74 million
Total Supply14.74 million
Maximum SupplyN/A

About Namecoin (NMC)

Currency Details

Name Namecoin
SymbolNMC
Market Capitalization$24.79 million
Coin or TokenCoin
AlgorithmSHA-256
Proof TypePoW
Genesis Date4/19/2011
Mineable?No
Number of Exchanges11

Official Links

Official Websitenamecoin.org
Official Website (Alt)N/A
BitcoinTalk AnnouncementView
Twitter Account@namecoin
Facebook PageView
Github AccountView

Community Discussion

Reddit Communityr/namecoin
Telegram GroupView
Discord GroupN/A
Message BoardN/A
Message Board (Alt)N/A

Research Tools

Blockchain Explorernamecoin.webbtc.com
Blockchain Explorer (Alt)namecha.in
CoinMarketCapView
CryptoCompareView
CoinGeckoView

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Namecoin (NMC) Frequently Asked Questions

What is Namecoin?

It is based on the code of bitcoin and uses the same proof-of-work algorithm. It is limited to 21 million coins. Each Namecoin record consists of a key and a value which can be up to 520 bytes in size. Each key is actually a path, with the namespace preceding the name of the record. The key d/example signifies a record stored in the DNS namespace d with the name example and corresponds to the record for the example.bit website. The content of d/example is expected to conform to the DNS namespace specification. The current fee for a record is 0.01 NMC and records expire after 36000 blocks (~200 days) unless updated or renewed. Namecoins used to purchase records are marked as used and destroyed, as giving the fee to miners would enable larger miners to register names at a significant discount. (Description provided by CryptoCompare)

What exchanges can I buy or trade Namecoin on?

Namecoin can be purchased or sold on the following cryptocurrency exchanges: Trade By Trade, WEX, Poloniex, Livecoin, Cryptopia, Bleutrade, SouthXchange, BX Thailand, YoBit, Bittylicious and Tux Exchange.

How do I buy Namecoin?

It is not possible to buy most cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum and Litecoin can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance or Changelly to purchase other cryptocurrencies, including Namecoin.

Where can I get Namecoin wallet?

Namecoin produces its own wallet software that is available for download on its website, which allows you to store Namecoin on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano S. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Jaxx or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Namecoin?

One Namecoin (NMC) is currently worth $1.68 on major cryptocurrency exchanges. You can also exchange one Namecoin for 0.00021857 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Namecoin in U.S. dollars is $24.79 million.

What hashing algorithm does Namecoin use?

Namecoin is a proof of work (PoW) coin that uses the SHA-256 algorithm.

How do I mine Namecoin?

Namecoin and other SHA-256 coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Butterfly Labs, Canaan (AvalonMiner), FutureBit and GridSeed. ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.

What coins are similar to Namecoin?

The following coins use Namecoin's SHA-256 algorithm and proof of work (PoW) proof-type: Bitcoin, Bitcoin Cash, Steem, Unobtanium, Counterparty, Crown, CHIPS, ATBCoin, Terracoin, UnbreakableCoin, Zetacoin, Titcoin, Dollarcoin and SoonCoin.

What is the Reddit page for Namecoin?

The official Reddit community (subreddit) for Namecoin is r/namecoin.


MarketBeat Community Rating for Namecoin (NMC)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  93 (Vote Outperform)
Underperform Votes:  123 (Vote Underperform)
Total Votes:  216
MarketBeat's community ratings are surveys of what our community members think about Namecoin and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.

Chart

Namecoin (NMC) Price Chart for Monday, July, 23, 2018

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Google Trends

Namecoin (NMC) Search Trends

There is a correlation between price appreciation and public interest in cryptocurrencies, such as Namecoin. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Namecoin" over the last 90 days.



Namecoin (NMC) Website Traffic




Namecoin (NMC) Social Media Trends

Headlines

Namecoin (NMC) News Headlines

No headlines for this company have been tracked by MarketBeat.com


Social Media Mentions

Namecoin (NMC) Reddit Feed


This page was last updated on 7/23/2018 by MarketBeat.com Staff

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