Onename Drops Namecoin, Switches to Bitcoin

By September 14, 2015Bitcoin Business

The startup Onename made a big announcement on September 12 at the Blockstack Summit 2015 . Co-founder, Muneeb Ali, revealed during his keynote presentation that the Namecoin network is not decentralized and the mining group Discus Fish controls 60-70% of its hashing power. In result, Onename will be switching from Namecoin’s blockchain to Bitcoin. News is out. Yes, ID transactions on http://t.co/QIZbZHoCUy is us migrating 32,000 uses to Bitcoin #blockstack https://t.co/zMJIg00XMv — Muneeb Ali […]

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