Namecoin · interactive mechanism simulation

Registrants commit a hashed name, reveal it to claim first-come-first-served, then must renew before expiry or lose it. Watch squatters crowd out real sites as cheap fees invite mass registration.
Registrants name_new Commitment pool hashed names, hidden name_firstupdate 0.01 NMC fee Fee burn 🔥 0.00 NMC burned .bit namespace 0 names registered Expiry queue 36,000 blocks TTL
Names registered
0
Squatted (parked)
0 (0%)
Real sites resolving
0
NMC fees burned
0.00 NMC
Parameters — edit me
0.10 NMC
70%
36k blocks
1.4/s
Controls

Illustrative simulation. Defaults mirror Namecoin's researched mechanism (~0.01 NMC destroyed per registration, ~36,000-block/~200-250 day expiry, first-come-first-served commit-reveal) but registrant behavior, squatter mix, and timing are randomized for visualization — not live onchain data. Drag the sliders to see how cheap fees fill the namespace with parked names instead of real sites. Part of The Onchain Experiment Atlas.