[quohort]

Sort of. The solution i'm suggesting would occupy the "decentralized" and "secure" position of zooko's triangle (https://en.wikipedia.org/wiki/Zooko%27s_triangle).

Whereas the problem that Namecoin, ENS, and others (presumably namebase as well?) are trying to solve is squaring the whole triangle with a petname system that sacrifices security for human-meaningful names. They are what's referred to as a petname system.