After I have read this article (Smart Property, Colored Coins and Mastercoin) on coindesk I guess that Namecoin is obsolete. I have read the possible use cases for Namecoin and as far as I understand coindesk, it tells that Bitcoin version 0.9 will have the same features.
Difference: Bitcoin will use 80 Bytes of message data where Namecoin will use 520 Bytes.
- Is that true, that Bitcoin 0.9 will have the same features Namecoin has?
- Will Namecoin still have any special quality compared to Bitcoin, that justifies Namecoins’ continued existence? Or in other words: Is the low value (compared to Bitcoins) of Namecoins the only advantage over Bitcoins, because messages, notary acts, votings etc. are much cheaper and therefore only affordable with Namecoin?