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Handshake HNS Logo
Handshake HNS
$0.00432 9.76%
OG Score 0
Reviews 0
Handshake HNS Logo

Handshake HNS Price

$0.00432 9.76%
Low All Time High
$0.00288398 $0.851892

Introduction

Handshake, launched in 2020, is a decentralized naming protocol using auctions and HNS tokens to revolutionize domain ownership, reducing reliance on centralized authorities like ICANN. More

OG Score 0
Reviews 0
Market Cap $2.93M
Market Cap Rank # 2905

Token Stats

Fully Diluted Valuation $2.93M
24H Trading Volume $71,247
24H Low / High $0.00 / $ 0.01
Circulating Supply 675.86M
Total Supply 675.89M
Max Supply 961.27M

Info

Categories DePIN 10 more
Founder Joseph Poon 1 more
Website handshake.org Whitepaper
Socials 5 more
Explorer 3xpl 12 more

HNS/USD Price Chart

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$HNS Community Sentiment

OG Evaluation

OG Score

OG Score Rank #NA
Reviews 0
Gem Score N/A

OGAudit Coin Evaluation Metrics

Innovation 0 .00
Innovation Evaluates whether the project introduces a unique, impactful solution that clearly outperforms competitors.
Security 0 .00
Security Assesses the robustness of smart contracts or protocol security, and the availability of up-to-date audit reports.
Community 0 .00
Community Measures how actively the team engages its community and whether governance decisions involve on-chain voting or transparent input.
Tokenomics 0 .00
Tokenomics Examines the utility of the token, distribution fairness, and whether there are clear incentives for long-term holding or usage. Also evaluates the project’s revenue model, including income sources, sustainability, and whether value flows back to token holders or the ecosystem.
Team 0 .00
Team Evaluates the experience,credibility of the founding and development team.
Roadmap 0 .00
Roadmap Assesses the clarity, transparency, and timely execution of the project's development roadmap.

Handshake $hns User Reviews

What Crypto OGs are Saying About Handshake

$hns Markets

Name Pair OG Score

About Handshake $hns

What is Handshake (HNS)?

Handshake, launched in February 2020, is a groundbreaking decentralized naming protocol designed to revolutionize domain name ownership. The project, spearheaded by co-founders Joseph Poon and Andrew Lee, seeks to challenge the existing centralization of domain management by entities like ICANN. Unlike traditional systems, Handshake operates as a decentralized naming protocol and Certificate Authority, allocating ownership rights to Top Level Domains (TLD) through a unique auction system. Participants bid using Handshake's native currency, HNS tokens, with the winning bidder registering the TLD under their cryptographic keys on Handshake's Proof-of-Work blockchain.

Handshake addresses the vulnerabilities associated with centralized systems by eliminating the need for Certificate Authorities, relying instead on a decentralized network of computers for domain name ownership validation. The protocol's key features include a novel distribution of its native currency, HNS, with allocations for investors, developers, and open-source contributors. The Vickrey auction system governs the allocation of website addresses on Handshake, occurring every two weeks, with bids made exclusively in HNS. Notably, Handshake aims to decentralize the root DNS naming zone, distinct from fully decentralizing the entire DNS infrastructure. By reducing dependence on ICANN through a peer-to-peer system validated by network participants, Handshake introduces a new paradigm for a more secure, resilient, and socially useful internet experience.

What is unique about Handshake (HNS)?

Handshake (HNS) is unique for decentralizing domain ownership through auctions, HNS tokens, and a Proof-of-Work blockchain, reducing dependence on centralized entities like ICANN.

Who are the founders of Handshake (HNS)?

Handshake was co-founded by Joseph Poon and Andrew Lee, both visionary figures in the crypto space with backgrounds in Bitcoin's Lightning Network and innovative marketplace development.

Who are the backers/investors of Handshake (HNS)?

The project attracted interest from 67 investors during its funding round, receiving 7.5% of the initial 1.36 billion HNS supply, including contributions from those keen on reshaping the domain ownership landscape.

Where can I buy Handshake (HNS)?

You can buy Handshake (HNS) on Gate.io, CoinExNamebase cryptocurrency exchanges.

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