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Handshake

Handshake (HNS)

$ 0.01
-3.03 %
Main info
News
Comments
Markets
Analytics
Market cap
$5.76M
-3.03 %
Volume (24h)
$2.39K
-3.03 %
Circulating supply
674,503,579 HNS
Total supply
674,523,559 HNS
Max. supply
961,271,165 HNS

Key data

updated $0
Market cap$5.76M
Volume 24h$2.39K
Circulating supply674.5M70% of max 961.27M
All-time high$0.85-99% from peak · 2021-05-05

Handshake (HNS) is a decentralized naming protocol that aims to create an alternative to traditional domain name systems (DNS). Using its native cryptocurrency HNS, it allows users to register and manage domain names without centralized authorities. The project operates on a Proof-of-Work (PoW) consensus mechanism with a fixed supply of 961,271,165 coins.

Frequently asked questions

What is Handshake and how is it different from traditional DNS?

Handshake is a decentralized naming system that replaces centralized DNS authorities with blockchain technology, giving users full control over domain ownership without intermediaries. Unlike traditional DNS, it's censorship-resistant and doesn't rely on certificate authorities.

How does Handshake's technology and consensus work?

Handshake uses Proof-of-Work (PoW) mining to secure its network, similar to Bitcoin but optimized for name resolution. Its UTXO-based blockchain stores name ownership records, with auctions determining domain allocation fairly.

How is HNS coin emission structured?

HNS has a fixed maximum supply of 961,271,165 coins, with no further inflation. Coins are distributed through mining rewards and were initially allocated through a decentralized airdrop to open-source developers.

How can I store and use HNS coins?

HNS can be stored in compatible wallets like hsd or Bob Wallet. The coins are used to bid on and renew domain names in the Handshake network, and can be traded on supported exchanges.