💩 The Birth of Shitcoins

On April 18, 2011, the first #shitcoin, Namecoin, mined its genesis block. Namecoin (NMC) was originally based on Bitcoin and used the Proof-of-Work algorithm, with a supply capped at 21 million coins.

1 BTC = $1.11 https://bitcointalk.org/index.php?topic=6017.0

🗃️ https://web.archive.org/web/20170623005021/https://namecoin.org/