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Use Cases
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Decentralised Domain Registration: Allows users to register and own top-level domains outside the control of centralised authorities.
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Improved Internet Security: Mitigates the risk of domain hijacking and censorship with its blockchain-based verification.
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Privacy Protection: Reduces the need for intermediaries, enhancing privacy in domain ownership and management.
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Innovation Enhancement: Encourages the creation of alternative web structures and creative internet projects.
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Incentive Model: Offers economic incentives for network participants through HNS tokens as rewards for managing DNS operations.
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About the coin
Handshake is a decentralised, permissionless naming protocol designed to revolutionise internet domain systems. Originating from the idea that the existing centralised domain name infrastructure is vulnerable and cumbersome, Handshake seeks to deliver a more secure, open alternative. Launched in February 2020, it uses blockchain technology to enable peer-to-peer root DNS, ensuring that top-level domain management is distributed among participants rather than being controlled by centralised authorities. Handshake coin (HNS) serves as both the incentive mechanism for naming auctions and the currency for transactions within the ecosystem. Designed to enhance security, creativity, and freedom on the internet, Handshake aims to decentralise the power concentrated in traditional domain registries and promote a more equitable web environment.
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1 = $0.00897725
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