Handshake (HNS)

Handshake is a permissionless, decentralised system that is meant to give a large group of computers a reason to run a system for domain name ownership.

Under Handshake, each peer is responsible for validating and managing the root DNS naming zone. The goal is to provide an alternative to the current certificate authorities and naming systems.

A centralised approach is needed for many different parts of the internet, such as social networking handles and domains. This means that the systems depend on people being honest, and they can still be hacked or used for fraud.

Handshake wants to solve this problem by making the internet less centralised and more like a peer-to-peer system.

One of the most interesting things about Handshake is that it's not a blockchain project that wants to completely decentralise DNS infrastructure. It is more about making the root zone and/or the top-level domains less centralised.

This is because DNS is already decentralised, except for the root zone.

Handshake's main idea is that it wants to make the Internet Corporation for Assigned Names and Numbers (ICANN) less important (ICANN.)

Handshake wants to make the internet safer by making use of a Proof-of-Work-based decentralised application.

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