Namecoin

[ggdh]

Anyone?

http://dot-bit.org/InstallAndConfigureNamecoin

http://forum.bitcoin.org/index.php?topic=6017.0;all

http://forum.bitcoin.org/index.php?topic=6017.msg225444#msg225444

Can't make much of sense out of it myself :D Can someone please explain it in layman terms?

[KaptainBlaZzed]

read about it.

It is a decentralized DNS service.
It prevents the authorities from bringing down your site by removing it from the DNS servers.

[Aerou]

inst it limited to xyz.bit domains?