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As of right now, Namecoin doesn't look at data in DNS for validating transactions.

This proposal involved hard-forking Namecoin, and has a lot of inherent issues with it. Also note that this proposal is by "some guy on a Namecoin forum", and not anything official.

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Yes, I was writing about the proposal the OP was about, not Namecoin as it exists today.

Also note that this proposal is by "some guy on a Namecoin forum", and not anything official.

And note that Bitcoin was a proposal by "some guy with a fake name."

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