What is NameCoin

NameCoin is a distributed network similar to BitCoin. BitCoin provides centralized, easily accessible and tamper proof ledger for funds, held by network participants. NameCoin provides similar ledger, except for names, registered by participants. For example, participant in NameCoin network may register her or his E-mail address, domain name, social network handle etc. he or she may also associate the name with a public key that can be used for establishment of secure communication with them. SecureDolphin enables quick and easy name registration in NameCoin network as well as encryption and decryption of messages, using keys attached to names.