Namecoin Namecoin aims to «[free] DNS, identities, and other technology» related to the infrastructure of the internet. So far, Ripple has seen success with its current business model; it remains one of the most enticing digital currencies among traditional financial institutions looking for ways to revolutionize cross-border payments. Litecoin is based on an open-source global payment network that is not controlled by any central authority and uses «scrypt» as a proof of work, which can be decoded with the help of CPUs of consumer-grade. Due to the decentralized nature of digital currencies, wholesale changes to the code underlying the token or coin at hand must be made due to general consensus; the mechanism for this process varies according to the particular cryptocurrency. These are all reasons why many see Stellar having a big future.
