This coin is designed to store Namecoin, which is the first ‘fork’ of Bitcoin created in April 2011. This ‘clone’ was modified slightly to have some unique uses, including a potential for the Namecoin infrastructure to be used in the running of a censorship-resistant ‘.bit’ domain. In 2013, the BTC value of the 10 NMC face value varied between 0.1 BTC and 0.016 BTC.
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