Handshake Price

What is Handshake?

Handshake is a decentralized, permissionless naming protocol compatible with DNS where every peer has equal authority to register and resolve names. It is an open source project that allows anyone to register and manage their own top-level domain (TLD) as well as create subdomains. The goal of the project is to create an alternative root DNS system that is secure, private, censorship-resistant, and decentralized.

The Handshake network consists of nodes running the Handshake software which communicate with each other using a distributed hash table (DHT). This DHT stores data about registered domains and their associated records such as IP addresses. When someone wants to resolve a domain name, they send a query to the DHT which returns the requested information.

The main advantage of using Handshake over traditional DNS systems is that it eliminates the need for a centralized authority. This means that no single entity can control or censor what domains are registered or what content can be served on them. Additionally, because it uses blockchain technology, all transactions are cryptographically secured and immutable.

Handshake also provides users with more privacy than traditional DNS systems since all requests are encrypted and routed through multiple nodes before reaching their destination. This makes it difficult for third parties to track who is accessing what websites.

Overall, Handshake offers an innovative solution for creating secure and censorship-resistant websites without relying on any central authorities. It provides users with greater privacy and security while allowing them to easily register their own custom domains.