<p>Given increased use of Namecoin, which would lead to a shortage of namecoins as you describe, the fee would be reduced. I have previously seen plans to reduce the network fee to 0.001 or lower, but can not find it now.</p>

<p>These changes would require a hard fork of Namecoin, but it is important to note a fee is only destroyed upon a new registration. Updates of DNS records and domain renewal go to miners.</p>

<p>I am not aware of any hard block size limit, but should one exist (or be implemented with a hard fork) it would be unlikely to get anywhere near the 2.1 billion names as you describe.</p>

CC BY-SA 3.0
2015-09-22T18:59:06.057Z
2015-09-22T18:59:06.057Z
Mark
<p>Is it 21,000,000 / 0.01 (the cost of naming) = 2.1B? 
from docs: "The name_firstupdate transaction has a network fee. The network fees represents namecoins (NC) that are destroyed. "</p>

<p>Am I missing something? If not, it seems like quite a small number.</p>

CC BY-SA 3.0
2015-09-23T01:38:04.627Z
Why isn't 2.1 billion enough? There are only 252 million domain names in the standard DNS system.
Nick ODell
CC BY-SA 3.0
2015-09-23T03:01:33.653Z
Namecoin isn't exclusively for domains. It can be used for personal 'ids' and other purposes as well. There are over 8 billion people in the world, and with the advent of 'Internet of things' the number domains needed is likely to explode.
AndyM
<altcoin><namecoin>
What is the maximum number of names (domains) that can be registered with NameCoin?
AndyM
# What is the maximum number of names (domains) that can be registered with NameCoin?

(Asked by: username_0 on 2015-09-21)

Is it 21,000,000 / 0.01 (the cost of naming) = 2.1B?
from docs: "The name\_firstupdate transaction has a network fee. The network fees represents namecoins (NC) that are destroyed. "

Am I missing something? If not, it seems like quite a small number.

**Tags:** altcoin, namecoin

> **Comments:**
> **username_1**: Why isn't 2.1 billion enough? There are only 252 million domain names in the standard DNS system.  
> **username_0**: Namecoin isn't exclusively for domains. It can be used for personal 'ids' and other purposes as well. There are over 8 billion people in the world, and with the advent of 'Internet of things' the number domains needed is likely to explode.  

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## 1 answers

### Answer by username_2 on 2015-09-22. Score: 0 | Accepted answer

Given increased use of Namecoin, which would lead to a shortage of namecoins as you describe, the fee would be reduced. I have previously seen plans to reduce the network fee to 0.001 or lower, but can not find it now.

These changes would require a hard fork of Namecoin, but it is important to note a fee is only destroyed upon a new registration. Updates of DNS records and domain renewal go to miners.

I am not aware of any hard block size limit, but should one exist (or be implemented with a hard fork) it would be unlikely to get anywhere near the 2.1 billion names as you describe.


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