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Handshake

Handshake

HNS
#1028
$0.001413Down 14.00 percent($0.00)

Key Stats

Market Cap$959.53KDown 14.00 percent
Volume (24h)$10.64K
Fully Diluted Value$1.36M
Vol/Mkt Cap (24h)1.11%
Total Supply678.89M HNS
Max Supply961.27M HNS
Circulating Supply678.89M HNS
Launch Date2020-02-03
Block Number347,315
Block Reward500.00
Network H/s784.71T

Handshake Information

Block Explorers
Hashing Algorithms
BLAKE2b
Industries
Identity

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InstrumentExchangeBenchmark DataPrice24h Change
HandshakeUSDT logo
HNS-USDT
HNSUSDT
coinex logocoinex
C
0.001414USDT
-13.99%
HandshakeUSDT logo
HNS-USDT
HNSUSDT
mexc logomexc
C
0.002637USDT
-5.79%

About Handshake

Handshake (HNS) is a decentralised naming protocol using blockchain to decentralise the root zone file for top-level domain (TLD) ownership. This removes the need for central authorities like ICANN, creating an uncensorable, permissionless environment. Handshake aims to replace the traditional Certificate Authority (CA) system with cryptographic validation managed by network peers. It allows users to register and manage TLDs, host websites, or act as registrars without centralised authorities. Ownership is maintained through biennial "heartbeat transactions," eliminating yearly rental fees. The protocol enhances internet security and privacy using a distributed root of trust. Handshake Coin (HNS), the native currency, facilitates the transfer, registration, and update of internet names, aiming to counter spam and prevent uncontrolled mass registration. Handshake was co-founded by Joseph Poon and Andrew Lee.

Frequently Asked Questions

Handshake (HNS) is a decentralised naming protocol designed to be compatible with the existing Domain Name System (DNS). It decentralises the root zone file where top-level domain (TLD) ownership information is stored by using a blockchain-based system. This system allows for a root zone that is uncensorable, permissionless, and free of gatekeepers like ICANN. Handshake aims to replace the Certificate Authority (CA) system with cryptographic validation and management of the root zone by all peers in the network. Handshake provides decentralised ownership and management of TLDs. Users can register and manage TLDs, host websites, or act as registrars without centralised authorities. Ownership is maintained through biennial "heartbeat transactions," eliminating yearly rental fees. The protocol enhances internet security and privacy by using a distributed root of trust.

Handshake is used to decentralise the domain name registration process and the management of digital certificates. It enables the creation of a globally unique namespace without relying on a central authority such as ICANN. Users can register top-level domains (TLDs) directly on the Handshake blockchain using the native HNS token through a Vickrey auction system. This mechanism aims to prevent price sniping and ensures fair market value determination for domain names. Handshake’s decentralised infrastructure supports provable data sets and leverages a proof-of-work consensus model to maintain security and integrity across the network. Additionally, Handshake Coin (HNS) is the native currency of the protocol, facilitating the transfer, registration, and update of internet names. This currency aims to counter spam, preventing uncontrolled mass registration of names.

Handshake was co-founded by Joseph Poon and Andrew Lee.