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Market
Market stats
Market cap
$18.8M
Volume (24h)
$13,535.83
Circulating supply
14.7M NMC
All time high
$16.30
Price change (1h)
-0.17%
Price change (24h)
-9.91%
Price change (7d)
-12.31%
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Namecoin is on the decline this week.
The price of Namecoin has fallen by 12.31% in the past 7 days. The price declined by 9.91% in the last 24 hours. In just the past hour, the price shrunk by 0.17%. The current price is $1.27 per NMC. Namecoin is 92.21% below the all time high of $16.30.
The current circulating supply is 14,736,400 NMC.
Ratings
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About
What Is Namecoin (NMC)?
Namecoin is a fork of Bitcoin and is based on the code Bitcoin works on with relatively minor changes. Namecoin is software used to register domain names. The only difference is instead of registering a “.com” or “.org” website, the users can register a “.bit” domain on the network. The software also stores associated values with that domain name in the blockchain. Users can then query the database and retrieve data. These domains are censorship-resistant.
Namecoin is an experimental protocol based on an open-source technology that improves the decentralization and speed of internet infrastructure components like DNS and identities. The Domain Name System (DNS) is a hierarchical naming system of the internet and works like a phonebook. The internet domain names are recorded and translated into IP addresses via DNS. Namecoin does it by securely recording and transferring arbitrary names (keys). Namecoin values are 520 bytes, and the block size limit ranges from 500kb to 1 MB. Blocks on the blockchain network occur every ten minutes on average.
Namecoin offers various use cases:
Namecoin can decentralize the internet and protect online free-speech rights by making the web resistant to censorship.
Namecoin also provides decentralized TLS certificate validation(like HTTPS), backed by blockchain consensus. TLS(Transport Layer Security) is a standard protocol that ensures authentication, privacy, and data integrity between two interacting computer programmes.
Namecoin can enable users to access websites using the .bit domain.
Namecoin uses a proof-of-workconsensus mechanism. NMC is the native coin of the Namecoin platform. Users need to obtain some NMCs if they want to register “.bit” websites or other Namecoin names. Namecoin accepts registration fees in NMC. To get NMCs, users need to have a Namecoin wallet and purchase NMC coins from the exchange. Users can also mine NMCs.
History of Namecoin (NMC)
The project was developed by a diverse international team of academics and volunteers who want to protect free speech online and decentralize the internet space. Daniel Kraft is the chief Namecoin scientist.The maximum supply of NMC is 21 million coins.
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Namecoin Calculator
How much is 1 NMC?
Conversion Table
NMC/CAD (Canadian Dollar)
CA$1.71
NMC/JPY (Japanese Yen)
¥189.42
NMC/INR (Indian Rupee)
₹105.49
NMC/BRL (Real)
R$6.39
NMC/EUR (Euro)
€1.20
NMC/NGN (Nigerian Naira)
NGN 988.68
NMC/KRW (South Korean Won)
₩1,708.05
Reading List
News
Decrypt • Sep 27, 23
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Unchained • Sep 27, 23
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CoinDesk • Sep 27, 23
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The Block • Sep 27, 23
FalconX participates in $3 million seed round for DeFi portfolio manager Bril Finance
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FAQ
What is the current price of Namecoin?
We update our Namecoin to USD currency in real-time. Get the live price of Namecoin on Coinbase.
What is the market cap of Namecoin?
The current market cap of Namecoin is $18.76M. A high market cap implies that the asset is highly valued by the market.
What is the all time high of Namecoin?
The all-time high of Namecoin is $16.30. This all-time high is highest price paid for Namecoin since it was launched.
What is the 24 hour trading volume of Namecoin?
Over the last 24 hours, the trading volume of Namecoin is $13.54K.
What other assets are similar to Namecoin?
Assets that have a similar market cap to Namecoin include MXC, StrikeX, Streamr, and many others. To see a full list, see our comparable market cap assets.
How many Namecoin are there?
The current circulating supply of Namecoin is 15 million.
Can I buy Namecoin on Coinbase?
No, Namecoin is not currently available on Coinbase, but you can sign up to get the latest news on Namecoin and be notified when it gets added to our exchange.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.