diff options
Diffstat (limited to 'bip-0015.mediawiki')
| -rw-r--r-- | bip-0015.mediawiki | 4 |
1 files changed, 2 insertions, 2 deletions
diff --git a/bip-0015.mediawiki b/bip-0015.mediawiki index a6e4426..52a698f 100644 --- a/bip-0015.mediawiki +++ b/bip-0015.mediawiki @@ -348,7 +348,7 @@ By using DNS lookups, the MITM problem with IP transactions could be mitigated b === Namecoin ID === -This proposal uses the Namecoin blockchain to associate an alias with a bitcoin address. Bitcoin queries a namecoin node. This retreives the structured data containing the bitcoin address(es) associated with this alias. +This proposal uses the Namecoin blockchain to associate an alias with a bitcoin address. Bitcoin queries a namecoin node. This retrieves the structured data containing the bitcoin address(es) associated with this alias. Using a decentralised domain name system like Namecoin, means no external server or entity needs to be trusted unlike the other proposals listed here. This indicates a system with the advantage of having a high availability and ease of entry (no restrictions for users to create aliases). @@ -401,4 +401,4 @@ Any text can be put into the brackets, allowing merchants to adapt it to all the New features can be added later to support uncovered cases. -See the specification of [http://dot-bit.org/Namespace:Identity Namecoin ID] for more informations. +See the specification of [http://dot-bit.org/Namespace:Identity Namecoin ID] for more information. |