Kryptopriser -Hand Guy
handguy
Hand Guy
NOK 0.000034
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24t: -7d: 1.42%30d: -5.20%1y: 0.00%
NOK 0.000034
Handshake (HNS) is a decentralized naming protocol that aims to create an alternative to existing certificate authorities and naming systems. It seeks to improve internet security and censorship resistance by decentralizing the root zone of the internet.
Handshake operates as a peer-to-peer network where participants validate and manage the root DNS (Domain Name System). This allows users to register and own top-level domains (TLDs) directly on the blockchain, bypassing traditional registrars.
The Handshake blockchain utilizes a proof-of-work consensus mechanism, similar to Bitcoin, to secure its network. This design aims to provide a robust and immutable record of domain ownership, enhancing resistance to censorship and single points of failure.