Question 1

What is Handshake?

Accepted Answer

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.

Question 2

Who created Handshake?

Accepted Answer

Handshake was created by its founding team and developers. For detailed information about the project's origins and team, please refer to the official documentation and whitepaper.

Question 3

How do I buy Handshake?

Accepted Answer

You can buy Handshake on various cryptocurrency exchanges. First, create an account on a reputable exchange, complete the verification process, deposit funds, and then place an order for Handshake.

Question 4

Is Handshake a good investment?

Accepted Answer

The value of Handshake, like all cryptocurrencies, can be volatile. Before investing, research thoroughly, understand the risks, and never invest more than you can afford to lose. Consider consulting a financial advisor.

Question 5

How do I store Handshake?

Accepted Answer

You can store Handshake in cryptocurrency wallets. Options include hardware wallets (most secure for long-term storage), software wallets, and exchange wallets. Always backup your wallet and keep your private keys secure.

Question 6

What makes Handshake unique?

Accepted Answer

Handshake has unique features and technology that differentiate it from other cryptocurrencies. These may include its consensus mechanism, transaction speed, scalability solutions, or specific use cases within its ecosystem.

Question 7

What is the current price of Handshake?

Accepted Answer

The current price of Handshake is displayed at the top of this page and updates in real-time. You can also view historical price charts and market data including 24-hour trading volume and market capitalization.

Question 8

How is the Handshake network secured?

Accepted Answer

The Handshake network is secured through its consensus mechanism, which may include Proof of Work, Proof of Stake, or other validation methods. This ensures transaction integrity and prevents double-spending.

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