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by mccoyspace
3355 days ago
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Namecoin has a number of innovations. It's the first 'alt-coin' fork from Bitcoin, and it pioneered the technique of "merge mining" where a miner could do Proof of Work on both the Bitcoin chain and the NameCoin chain simultaneously. A lot of mining pools implemented merged mining. Even though the alt-coin space has become much more crowded and noisy, NameCoin retains that early hashing advantage. It's a very secure chain. |
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But this guy said that a single miner has 65% of the hashing power: https://news.ycombinator.com/item?id=14043038