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paulkernfeld / burn-name.md
Last active March 31, 2018 10:04
BurnName is a proposal for a simple and practical decentralized name registration system. Feedback wanted!

BurnName: simple decentralized username registration

BTW, this is implemented as burn-name and burn-name-writer.

BurnName is a proposal for a simple and practical decentralized name registration system. In BurnName, users burn bitcoins to bid for names. The user who bids the most for a name owns that name, after a delay. BurnName uses the existing Bitcoin blockchain and network, and it can be used by various applications.

Example applications

  • GitTorrent or a similar "decentralized GitHub"
  • Domain name registration: your username doubles as a domain name
  • Human-memorable Bitcoin addresses: map from your username to your Bitcoin address