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FAQ should explain why Namecoin doesn't use auction allocation

Open JeremyRand opened this issue 6 years ago • 1 comments

We seem to be getting frequent inquiries about why Namecoin doesn't use an auction-based allocation system (as Bitshares DNS, ENS, and Handshake do); it would be useful to cover this in the FAQ.

JeremyRand avatar Aug 13 '19 01:08 JeremyRand

Namecoin did use a reverse auction-based system to allocate domains initially; see the design documents. The Coase theorem says it doesn't matter anyway.

yanmaani avatar Jul 18 '20 18:07 yanmaani