What is HNS and how does it relate to the cryptocurrency industry?

Can you explain what HNS is and how it is connected to the cryptocurrency industry?

3 answers
- HNS, short for Handshake, is a decentralized naming and certificate authority system built on the blockchain. It aims to replace the traditional domain name system (DNS) and provide a more secure and censorship-resistant internet infrastructure. In the cryptocurrency industry, HNS serves as the native token of the Handshake network, used for domain name registration, transfer, and resolution. It offers an alternative to the centralized domain registration authorities and allows users to have full control over their domain names and associated digital assets.
Mar 18, 2022 · 3 years ago
- HNS is a new project in the cryptocurrency industry that focuses on decentralizing the domain name system. It uses blockchain technology to create a more secure and transparent system for registering and managing domain names. With HNS, users can register domain names without relying on centralized authorities, which can be prone to censorship and control. This decentralized approach aligns with the core principles of cryptocurrencies, such as decentralization and censorship resistance.
Mar 18, 2022 · 3 years ago
- HNS, also known as Handshake, is a decentralized naming system that leverages blockchain technology. It aims to disrupt the traditional domain name system by allowing users to register and manage domain names without relying on centralized authorities. HNS tokens are used to incentivize network participants and facilitate domain name transactions. The integration of HNS with the cryptocurrency industry brings new possibilities for secure and censorship-resistant internet infrastructure, empowering individuals and businesses to have greater control over their online presence.
Mar 18, 2022 · 3 years ago
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