What problem does this service solve?

Etherparty wants to simplify the development of decentralized applications. It is developing a platform of blockchain software products that will help users develop many of the common functionalities with less technical knowledge.Namecoin is used to register domain names and record domain information on the blockchain.

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Company Description

Etherparty is a cloud platform offering blockchain related software. They want to make smart contracts as easy and accessible as possible. by helping to automate many functions that decentralized applications require. Etherparty focuses on user-friendly design to simplify the creation of smart contract related platforms. They are currently developing several software products aimed at users with different needs, including: token generation, crowdfunding, supply chain management, and philanthropy. Etherparty is powered by FUEL tokens.

Namecoin is a blockchain-based DNS that allows users to register domain names with a ".bit" domain. Namecoin was the first fork of the Bitcoin protocol and it aims to remove centralized control over domain registration. It was the first cryptocurrency to use Auxiliary Proof of Work (AuxPoW) as a consensus mechanism,
where a child blockchain is dependent on the Proof-of-Work consensus of the parent blockchain. This allows for Namecoin and Bitcoin to be mined simultaneously, and when a new block is created on Bitcoin, it will also be added to the Namecoin blockchain.
Namecoin is a very important project that represents one of the best use cases of blockchain technology in protecting free speech and resisting censorship on the internet. It is powered by the NMC coin. The decentralized DNS provides more security from hackers and government intervention.

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