Hi,
When I buy a .bit using namecoin, who gets the nmc ?
The miner gets the fees, but what about the nmc spent for the name_new transaction, who gets these nmc are those burnt ?
Thanks Greg
when I buy a .bit using namecoin, who gets the nmc ?
Re: when I buy a .bit using namecoin, who gets the nmc ?
Technically, the coins are "locked" in your name, but there is no way to get them ever "out" again - so yes, they are burnt.
BTC: 1domobKsPZ5cWk2kXssD8p8ES1qffGUCm | NMC: NCdomobcmcmVdxC5yxMitojQ4tvAtv99pY
BM-GtQnWM3vcdorfqpKXsmfHQ4rVYPG5pKS
Use your Namecoin identity as OpenID: https://nameid.org/
BM-GtQnWM3vcdorfqpKXsmfHQ4rVYPG5pKS
Use your Namecoin identity as OpenID: https://nameid.org/