What is Handshake?
Handshake is blockchain project that aim to bring decentralized permissionless naming and certificate authority protocol. platform based on peer to peer root naming system i.e. work as software that improve security while registering internet name. in use cases Handshake initially begin with experimental project, where domain registration can be done without central entity i.e. ICANN. We know DNS is already decentralized but it has exception while collecting top level domains and social media handling name.
Handshake uses coins to improve security of domain and also prevent them from sybil attacks. Basically, Handshake help out user to do agreement on internet names and to show owning right in decentralized way software uses cryptographic keys. The project wanted to prevent most of domain from single party, where single party or name providers claiming all names. for e.g. Godaddy pre-owned unique name so can they sell that in higher price or in auction by charging extra fees.
Handshake is full decentralized that gives full control where internet will be more secure, social useful and resilient. system will be operated or validate by the network participant means no third party is involve in major decision-making process. Network still uses proof of work but it limited for lightweight games registration and solutions.
Handshake Price Prediction
|Month & Year||HNS Price Prediction|
|Based on||Decentralized DNS|
|All-time high||$0.47 USD|
|Exchange Platform||Namebase, Hotbit, MXC, Gate.io, BiKi, Bitttex, CoinEx.|
IHNS CO Overview
|Platform used||OWN Wallet|
|Raised by||$10,200,000 USD|
|Date of ICO||NA|
|Partners||A16z Crypto, Founders funds, Polychain capital, darper.|
Handshake Price Analysis
Handshake is fuel by HNS i.e. handshake coin that handle name registration, transfer and update name along with other major transaction on the platform. Handshake also handpicked premium or unique domain where community will initiate auction program and user can place bid. Bidding process also involve HNS token, so considering that fact if somehow Handshake continue to gained more user then it ultimately going collect huge market volume. we know domain and social media handle is pretty import for running business and daily million of new domain register in market so consider that handshake may cross billion in worth. As of writing in price graph of HNS is pretty consistent, where since last few week it following neutral trend with $0.0922 and then sudden hiked by reaching $0.23 USD benefit ranking surge.
Will HNS Reach $1 USD?
Yes, considering history price chart, HNS may cross $1 USD in year 2027.
Is Handshake a Good Investment?
Big yes, Experimental project that can change whole internet name market and block third party involvement.
Handshake probably one of the most unique projects that can massively impact domain registration and social media project in future. we know existing project charges huge platform fees for accessing their services and buying expired or top-level domain and social media account is one of the most profitable business. In this business most of buyer and seller both have to paid higher platform fees. Handshake has unique way to register or prove identity of internet name along and also identify economic limits. The platform enable transparent name auction without economic cost function and user has freedom to access n number of domains.