Handshake (HNS) is a permissionless, decentralized naming protocol that gives an accessible
various to centrally managed domains reminiscent of .com and country-code domains. It goals to
function a DNS chain various to the present default root chain and create handshakes TLDs which are
extra environment friendly, reasonably priced, and safe.
Handshake goals to supply a decentralized peer-to-peer area naming protocol that bypasses the
present ICANN-overseen system and helps construct a extra decentralized panorama. Additionally, the method to
create new TLDs is just not solely advanced and tedious however costly and extremely centralized, making it
weak to hacking and non-resistant to corruption and censorship.
How Does a Handshake Area Work?
Handshake domains are distributed by auctions carried out utilizing Handshake’s software program. Auctions
for TLDs are held each two weeks, and bidders use HNS, the Handshake protocol’s cryptocurrency, to
take part. The winner of the public sale pays the second-highest value following the Vickrey public sale
format, making certain that domains are allotted effectively and at a good market worth.
To entry a Handshake area, customers should use both the Handshake software program itself or suitable
browser extensions, reminiscent of FingerTIP, HDNS.io, HNS.to, NextDNS, or VPNs.
Benefits and Disadvantages of Handshake Domains:
One benefit of Handshake domains is enhanced privateness and management, better flexibility in area
title utilization, and the power to take part in area title auctions. The transfer towards a extra
decentralized web may additionally imply that domains based mostly on companies like Handshake could also be
thought-about extra steady and resilient to area title hijacking or server outages.
Nonetheless, the adoption of other domains has but to penetrate the mainstream, requiring potential
adopters to be tech-savvy and conversant in cryptocurrency. Different domains are additionally extra
tough to arrange and make the most of than common domains.
The Way forward for Handshake Domains:
Handshake aspires to be part of the decentralized future by offering customers with better management over
their information, security, and privateness whereas remaining decentralized. Nonetheless, accessibility could grow to be an
concern for potential adopters, provided that registration and browser help are nonetheless within the fingers of the
conventional infrastructure. Moreover, solely time will inform if companies like Handshake will grow to be extensively
adopted or fade into obscurity.
Conclusion:
Handshake domains supply an accessible various to conventional domains, permitting for peer-to-
peer communication and offering a decentralized various to ICANN’s top-level domains. Handshake
goals to revolutionize how folks take into consideration and work together with domains and contribute to constructing a
extra decentralized area panorama on-line. Nonetheless, accessibility, adoption, and compatibility with
the prevailing infrastructure are a number of the issues that have to be addressed earlier than Handshake
domains can grow to be a extensively adopted resolution.
