Namecoin s a cryptocurrency which also acts as an alternative, decentralized DNS, which would avoid domain name censorship by making a new top level domain outside of ICANN control. The coin is designed to halve every four years with the same cap limit as Bitcoin of 21,000,000.
Please visit https://www.namecoin.org/ and download the whitepaper for more information
With the domain registry service a small number of NMC will be destroyed so after mining has finished there will still be a deflationary ellement in place. Namecoin was the first coin to switch to merged mining.
Additional Namecoin links include:
Preferred Exchange (aff): https://bitcoinpromocode.com/bnx
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