Crypto HNS Explained: Handshake’s Decentralized Domain Revolution

What is Crypto HNS? The Handshake Blockchain Breakdown

Handshake (HNS) is a decentralized, open-source protocol designed to reimagine internet infrastructure by creating an alternative root zone for domain names. Unlike traditional DNS systems controlled by centralized entities like ICANN, Handshake uses blockchain technology to enable permissionless domain registration and management. The native cryptocurrency HNS serves as both the network’s fuel and governance token, allowing users to bid on top-level domains (TLDs) like .blog or .shop through decentralized auctions. By eliminating intermediaries, Handshake aims to create a more secure, censorship-resistant internet where users truly own their digital identities.

How Handshake’s Revolutionary Technology Works

Handshake operates through a unique combination of blockchain mechanics and cryptographic principles. The network uses a UTXO-based blockchain (similar to Bitcoin) secured by a proof-of-work consensus mechanism. Here’s the core process:

1. Decentralized Naming System: Replaces centralized DNS root servers with a peer-to-peer network
2. Domain Auctions: Users bid HNS tokens in Vickrey auctions (winner pays second-highest bid)
3. Name Claims: Existing domain owners can claim equivalent Handshake names during launch phase
4. Resolving Domains: Compatible browsers use HNS resolvers to access .handshake sites

The protocol integrates with existing DNS through bridge nodes, allowing backward compatibility while pioneering a new decentralized web layer.

Top 5 Advantages of Handshake Crypto

• True Ownership: Domains become NFT-like assets stored in your private wallet
• Censorship Resistance: No central authority can seize or deactivate domains
• Enhanced Security: Cryptographic proofs prevent DNS spoofing and hijacking
• Cost Efficiency: Eliminates recurring renewal fees after initial acquisition
• Innovation Potential: Enables new TLDs beyond ICANN’s restricted approval system

These features position HNS as a foundational layer for Web3 infrastructure, with projects like Namebase and Bob Wallet already building ecosystems around it.

How to Acquire and Use HNS Tokens

Getting started with crypto HNS involves three key steps:

1. Purchase HNS: Buy from exchanges like Namebase, Gate.io, or Kucoin using BTC or stablecoins
2. Secure Storage: Transfer to non-custodial wallets (Bob Wallet, hsd CLI) for domain management
3. Domain Operations: Bid on auctions, transfer names, or update DNS records via wallet interfaces

For technical users, Handshake supports advanced features like DNSSEC integration and subdomain delegation. The network processes transactions in under 10 minutes with fees typically below $0.01.

Handshake vs Traditional DNS: Key Differences

Feature	Handshake (HNS)	Traditional DNS
Control	Decentralized/User-Owned	Centralized (ICANN/Registrars)
Security Model	Cryptographic Proofs	Trust-Based
Domain Costs	One-time Auction	Annual Renewal Fees
Censorship	Resistant	Vulnerable
TLD Availability	Unrestricted	Approval Required

Future Outlook for HNS Crypto

Handshake faces challenges including browser adoption barriers and competition from ENS. However, its integration with platforms like Cloudflare DNS and growing developer activity suggest strong potential. Key developments to watch:

• Browser extensions enabling native .handshake resolution
• Layer-2 solutions for scalability
• Increased enterprise adoption of decentralized naming
• Cross-chain interoperability initiatives

With only 10 million HNS mined annually (halving every 4 years), its fixed supply could drive value as utility grows.

Frequently Asked Questions

Is HNS crypto a good investment?

HNS offers utility-driven value tied to domain adoption. While volatile, its fixed supply and Web3 infrastructure role present long-term potential. Always research before investing.

How do I access Handshake websites?

Use browsers with HNS support (like Puma Browser) or install resolver extensions. Alternatively, append .hns.to to domains (e.g., example.hns.to).

Can I transfer my existing domain to Handshake?

No. Handshake operates a parallel root system. You must acquire new HNS domains through auctions while keeping traditional domains separate.

What makes Handshake more secure than DNS?

Its blockchain foundation prevents single-point failures, while cryptographic verification stops DNS spoofing. Domain control requires private keys, eliminating hijacking risks.

Where can I stake HNS tokens?

Staking isn’t native to Handshake’s PoW system. However, platforms like ShakeDex offer token delegation for exchange-based rewards.