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[Alex Hanselka <alex AT opennicproject.org>]

Namecoins are a separate thing from bitcoins. They are mined and can be purchased but are not related to bitcoins other than they share a similar scheme.

On Jul 12, 2012, at 8:43 AM, Alex Nordlund wrote:

On Thu, Jul 12, 2012 at 2:42 PM, <woodq11 AT gmail.com> wrote:

To understand my above statement about spam and squatting, one may want to
look at the Namecoin block explorer, which paints a fairly clear picture about
why Dot Bit has such a large number of domains.

e.g. The recent "beanie.bit" domain was registered, marked as "for sale," and
pointed to a porn site. While I have no problem with this in general (though I
think it's foolish), I don't feel that the OpenNIC project should worry about
acting as a gateway to it.

You convert Bitcoins to Namecoins and use Namecoins to "purchase" these domains, right?

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//Alex 

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Alex Hanselka

alex AT opennicproject.org