Informations

0.02980633

USD

Rank #778


WebSite : Handshake.org
Whitepaper : No data
Domain Age : Registered over 25 years ago

  • 24 hours

    1.35%

  • 30 days

    12.64%

  • ATH

    -96.51%

Handshake Ratings Score

Last score update : 1 day ago

Handshake Price live today

Handshake (HNS) is currently trading at 0.02980633 USD and with a circulating supply of 565,244,796 HNS.
Its market capitalization is 16,798,026 USD.
HNS price has moved 1.35% in the last 24 hours, with 34,183 USD worth of HNS traded on various exchanges.
Handshake currently ranks #778 in cryptocurrency rankings based on market capitalization.

About Handshake (HNS)

Handshake is a decentralized, permissionless naming protocol where every peer is validating and in charge of managing the root DNS naming zone with the goal of creating an alternative to existing Certificate Authorities and naming systems. Names on the internet (top level domains, social networking handles, etc.) ultimately rely upon centralized actors with full control over a system which are relied upon to be honest, as they are vulnerable to hacking, censorship, and corruption. Handshake aims to experiment with new ways the internet can be more secure, resilient, and socially useful with a peer-to-peer system validated by the network's participants.

Handshake is an experiment which seeks to explore those new ways in which the necessary tools to build a more decentralized internet. Services on the internet have become more centralized beginning in the 1990s, but do not fulfill the original decentralized vision of the internet. Email became Gmail, usenet became reddit, blog replies became facebook and Medium, pingbacks became twitter, squid became Cloudflare, even gnutella became The Pirate Bay. Centralization exists because there is a need to manage spam, griefing, and sockpuppet/sybil attacks. Previous decentralized systems largely stopped working due to spam. If it were more costly to grief on the internet using decentralized systems, the need for trusted centralized corporations to manage these risks decrease. Internet services and platforms may benefit from building on top of a decentralized system which is specifically designed for resilience against sybil attacks.
As we may redecentralize.