Handshake

Price

(hns)
Note: This platform does not support trading services in this currency
$0.02353888 +1.9%

      Overview

      hns Price Live Data

      hns Price Information

      24h Low/High

      24h Low $0.02203373
      24h High $0.0264274

      All Time High

      US$0.851892

      All Time Low

      US$0.00737775

      High Price 7D

      US$0.03992455

      Low Price 7D

      US$0.02046117

      hns Market Information

      Market Cap Ranking

      1578

      Fully Diluted Valuation

      US$48026537

      Total Supply

      2,040,000,000

      Maximum Supply

      2040000000

      Market Cap Advantages

      0%

      Circulation Supply/Total Market Cap

      0.008

      About 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.

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