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Namecoin
Namecoin: addressing system based on bitcoin protocol. 434
Mining
Process of adding transaction records to blocks on the blockchain.
Proof-of-work block-chain
Cryptocurrencies, including bitcoin, rely on the concept of ‘proof-of-work’
Proof-of-work is a special type of consensus algorithm in which the system rate limit is determined by the available power of the participants in the network, and does not require central party monitoring to protect the system, as occurs in many cryptographic systems. Individuals are also able to achieve network uptime through use of their own computers. ch .
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