What is a Handshake Domain?
Handshake domains is a system for creating new domain names that use the same technology behind cryptocurrency to create a decentralized domain naming system with no central authority: anyone can create and use their own domain names.
This is an alternative to the traditional internet, where there are only about 1,000 official “top-level domains”(such as .com, .co.uk, and .net) that one must apply to use. With Handshake Domains, anyone can create a domain in any name they wish to use.
How to Register for a Handshake Domain?
Handshake domains are created using the Handshake Network, which is the underlying technology that powers Handshake Domains.
To create a Handshake domain, you would need to purchase a domain name within the Handshake Network, using a cryptocurrency called Handshake Tokens (HSK). The user obtains HSK by trading in another cryptocurrency called Ethereum.
When an owner of a domain ends its use, the domain will be refunded its initial deposit. The amount of HSK that is refunded depends on two factors: how long the domain was used, and how much it was used.
Furthermore, HNS uses the decentralized protocol, the Handshake Network, which are all peer-to-peer. No one controls the domain name system, because there is no single point of failure.
How it Works
Handshake Domains use a blockchain ledger of name transactions. This blockchain is an append-only log of blocks, each one containing a list of “name_transaction”s, which are essentially records of name_update messages.
HNS runs a very lightweight virtual machine environment that executes a small piece of code. This allows for applications and smart contracts for standard names, subdomains, auctions, and other features.
Moreover, they are decentralized and are thus not controlled by a single entity. The collective effort of their users instead controls handshake domains.
The Future of Handshake Domains
Handshake intends to make all domains as accessible and usable as possible and make domain names clear, safe, and easily understood by everyone. They also plan to allow users to have free and secure control over their data and privacy. They wish to make it possible for users to have ownership over their data rather than share and sell it.
Handshake Domains are the future of domain names. It is expected that it will be mainstream soon.
Handshake domains are not just limited to being used as domain names. Handshake domains can also be used as non-trademark identifiers.
How to Access a Handshake Domain Website
It is important to note that a regular web browser cannot resolve a handshake domain. So, to access a handshake domain, you need additional setup. You can access it via the HNS software. On the other hand, if you’re using a registrar that supports Let’s Encrypt but not Namecoin, you can use NextDNS.
In a Nutshell
Handshake Domains represent a new era of the internet. They enable the next generation of decentralized applications to be built while providing a new level of freedom and ownership over one’s identity.
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