<p>Yes. So that the whole world can see it? Yes seems like a good idea.</p>

<p>The NameCoin block-chain is public, although you could encrypt it in the NameCoin chain, but why there? If you are scared to lose any privates keys you should work on your back-upping strategies, not uploading it to the public domain in the hope none will realize it is a ECDSA Bitcoin private key.</p>

CC BY-SA 3.0
2014-02-16T09:54:32.620Z
2014-02-16T09:54:32.620Z
Jori
<p>If so:
 would it be useful for anything?
 would it be risky as BTC and NMC are linked.</p>

CC BY-SA 3.0
2014-02-16T09:47:43.043Z
So that the whole world can see it? Yes seems like a good idea.
Jori
CC BY-SA 3.0
2014-02-16T09:51:40.143Z
Perhaps this could be a way to publicly 'burn' a btc. 'Proof of burn'. Since any funds reaching that address would then be grabbable on a first come first served basis.
AndyM
CC BY-SA 3.0
2014-02-16T09:54:20.977Z
That is not burning. Because someone else can claim it, most probably you. Burning suggest none can ever access it again, hence the term 'burning'.
Jori
CC BY-SA 3.0
2014-02-16T09:55:02.310Z
I'll most my comment as an answer, because there isn't much anything else to say, I guess.
Jori
CC BY-SA 3.0
2014-02-16T10:00:12.250Z
So it would be more like a permanent faucet then.
AndyM
CC BY-SA 3.0
2014-02-16T10:57:16.277Z
Yes, but also an unfair one, because miners will probably (if there is a lot of money to gain from the faucet) cooperate to include only their own transactions from that address. I don't see the point anyhow, were are discussing proof-of-burn and faucets here... we could discuss (I'd love to, but just not here) but your questions seems so broad and also I don't see the point of including NameCoin in all of this. The results would be the same if I'd post it on some large forum or created a torrent and shared it?
Jori
<namecoin>
Could I store a bitcoin private key value in a Name Coin?
AndyM
# Could I store a bitcoin private key value in a Name Coin?

(Asked by: username_0 on 2014-02-16)

If so:
would it be useful for anything?
would it be risky as BTC and NMC are linked.

**Tags:** namecoin

> **Comments:**
> **username_1**: So that the whole world can see it? Yes seems like a good idea.  
> **username_0**: Perhaps this could be a way to publicly 'burn' a btc. 'Proof of burn'. Since any funds reaching that address would then be grabbable on a first come first served basis.  
> **username_1**: That is not burning. Because someone else can claim it, most probably you. Burning suggest none can ever access it again, hence the term 'burning'.  
> **username_1**: I'll most my comment as an answer, because there isn't much anything else to say, I guess.  
> **username_0**: So it would be more like a permanent faucet then.  
> **username_1**: Yes, but also an unfair one, because miners will probably (if there is a lot of money to gain from the faucet) cooperate to include only their own transactions from that address. I don't see the point anyhow, were are discussing proof-of-burn and faucets here... we could discuss (I'd love to, but just not here) but your questions seems so broad and also I don't see the point of including NameCoin in all of this. The results would be the same if I'd post it on some large forum or created a torrent and shared it?  

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## 1 answers

### Answer by username_1 on 2014-02-16. Score: 3

Yes. So that the whole world can see it? Yes seems like a good idea.

The NameCoin block-chain is public, although you could encrypt it in the NameCoin chain, but why there? If you are scared to lose any privates keys you should work on your back-upping strategies, not uploading it to the public domain in the hope none will realize it is a ECDSA Bitcoin private key.


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