Handshake

Handshake

HNS #2208
D 24% L1 Protocol Watch

Project Safety Score: 24%

Updated 5 hours, 47 minutes ago
HandshakeHNS
Market Cap$2121020
24hr Volume$5936
24hr Change14.0%
Price$0.0031416633533288283
Coverage: 5 buckets · 80% resolved
Concerns raised - see Red Flags below
Scoring rubric: L1 / Protocol Coin - scored on network security, adoption, dev health, economic design, governance
Track
Record
-
0% · low
Developer
Health
36 C
100% · medium
Network
Security
25 D
100% · high
Social
Behavioral
31 C
33% · low
Adoption
& Liquidity
4 F
100% · high

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HNS Handshake Details
InfrastructureSmart Contract PlatformNFTDePINMulticoin Capital PortfolioProof of Work (PoW)Pantera Capital PortfolioAndreessen Horowitz (a16z) Portfolio

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.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Price Chart

Handshake Exchanges

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100%
Profile Status
Data completeness
No missing data
High confidence

Market Stats

All-Time High$0.85
All-Time Low$0.0021
Circulating675126491
Total Supply675128491
Posts from the handshake
community on Reddit

Developer Activity

GitHub stars⭐ 1548
Forks218
Watchers87
Commits (4 weeks)2
PRs merged236
View on GitHub →

Handshake GitHub