2026-01-16 17:30:31

Here's a piece of crypto trivia worth knowing: Namecoin was actually the first altcoin to emerge after Bitcoin, not Ethereum or other later projects. What made it particularly interesting is that it adopted the exact same mining algorithm as Bitcoin. This shared POW mechanism meant miners could process both blockchains using identical hardware and software, making it one of the earliest examples of merged mining in the space. Understanding Namecoin helps us appreciate how the altcoin ecosystem evolved from Bitcoin's original design.

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SchrodingerWallet

· 13h ago

Oh no, people are still digging up old stuff like Namecoin? Indeed, merge mining has been around for a long time, and nobody pays attention to it anymore.

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CommunitySlacker

· 13h ago

Wow, Namecoin is actually older than Ethereum? I've been messing it up all these years. I just now understand the trick of merged mining, no wonder miners were so crazy back then. Old coins really have some value; the lessons from history are too deep. But who still cares about it now? Everyone's chasing new projects. This is the real OG altcoin, I need to catch up on my knowledge.

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DisillusiionOracle

· 13h ago

NMC is doing merge mining this early? I didn't notice before, I learned something.

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DegenDreamer

· 13h ago

Merge mining has been played out a long time ago, I really didn't expect namecoin to be so old. --- Wait, wait, namecoin is even earlier than Ethereum? I need to check that, I feel like I’ve been wasting my crypto time. --- The shared PoW mechanism is actually quite clever, essentially free mining power, right? --- Does anyone still use namecoin now? I haven't heard of it at all, is it another forgotten antique? --- So the story of altcoins started like this, it's deeper than I imagined. --- So miners can mine two chains at the same time and earn double? I like this logic. --- It's probably a historical relic; the current crypto scene no longer cares about this. --- The pioneer of merge mining is actually so low-key? The Web3 textbook should include this page.

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ChainSpy

· 13h ago

Wow, Namecoin is actually the top? I always thought it was Ethereum. Learned something new.

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WalletManager

· 13h ago

I've long understood the logic of merge mining. Basically, it's about hash power reuse, a cost reduction plan for miners. It's quite absurd that old relics like Namecoin are still alive; the on-chain data is right there, and the token holders have long since dispersed into seven or eight groups.

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