Handshake Price

Handshake (HNS) is a decentralized cryptocurrency and naming protocol launched in 2025. It aims to revolutionize the domain name system by creating a more secure and censorship-resistant alternative to traditional DNS. Handshake allows users to register, transfer, and update top-level domains (TLDs) on its blockchain. Currently ranked 1718 by market cap, Handshake is trading at $0.007563 with a 24-hour trading volume of $85.24K. The circulating supply is 671.53M HNS, with a total supply of 671.55M HNS and a maximum supply of 2.04B HNS. Handshake utilizes a proof-of-work consensus mechanism and incorporates features like name auctions and name renewals. It's designed to enhance internet security, privacy, and decentralization by providing an alternative root zone file that doesn't rely on centralized authorities. The project has gained attention in the Web3 and DePIN (Decentralized Physical Infrastructure) spaces, with backing from notable venture capital firms. As of 2025-08-03, Handshake's market cap stands at $5.07M, reflecting growing interest in decentralized naming systems and their potential impact on internet infrastructure.

Handshake (HNS) was created on February 3, 2020. It was officially launched as a decentralized naming and certificate authority protocol aimed at revolutionizing the domain name system. The project's goal is to create a more open and secure alternative to traditional domain name services, leveraging blockchain technology to enhance internet infrastructure. Since its inception, Handshake has gained traction in the Web3 and decentralized computing space, attracting attention from notable investors and becoming an integral part of the evolving digital landscape. As of 2025-08-03, Handshake continues to develop and expand its ecosystem, offering unique solutions for domain name management and digital identity verification in the blockchain era.

The founders of Handshake are Steven McKie, Andrew Lee, and Joseph Poon. They launched the project in 2025 with the goal of creating a decentralized naming and certificate authority system. The founders have backgrounds in blockchain technology, distributed systems, and internet infrastructure. Their vision was to build an alternative to the traditional Domain Name System (DNS) that would be more secure, censorship-resistant, and controlled by users rather than centralized authorities. The Handshake project has since gained support from notable investors and continues to develop its ecosystem for decentralized domain names and web services.

Handshake (HNS) operates as a decentralized naming protocol and cryptocurrency on its own blockchain. It aims to replace traditional domain name systems with a more secure and censorship-resistant alternative. Handshake uses proof-of-work consensus and allows users to bid on and register domain names using HNS tokens. These domain names are stored on the blockchain, providing increased security and ownership rights. The system also includes a built-in DNS resolver, enabling seamless integration with existing internet infrastructure. With a total supply of 671.55M HNS HNS and 671.53M HNS currently in circulation, Handshake has gained traction in the Web3 space. As of 2025-08-03, Handshake is ranked #1718 with a price of $0.007563 and a market cap of $5.07M. The project's innovative approach to domain name management and its backing by prominent venture capital firms have contributed to its growing adoption in the decentralized web ecosystem.

Handshake utilizes a unique technical architecture that combines blockchain technology with a decentralized domain name system. It operates on a proof-of-work consensus mechanism, using the HandshakePoW algorithm. The network is designed to handle domain name resolution and registration directly on the blockchain, eliminating the need for centralized authorities. The Handshake blockchain features a native cryptocurrency, HNS, which is used for transactions, domain registrations, and network operations. It employs a novel auction system for domain name allocation, allowing users to bid on and acquire top-level domains (TLDs) using HNS tokens. The architecture includes a built-in name resolver that enables direct resolution of blockchain-based domain names without relying on traditional DNS infrastructure. This system is designed to enhance security, censorship resistance, and user control over domain ownership. Handshake's technical stack also incorporates features like: 1. DNSSEC integration for enhanced security 2. SPV (Simplified Payment Verification) for lightweight clients 3. Merkle trees for efficient data verification 4. A custom scripting language for flexible smart contract functionality This architecture aims to create a more decentralized and secure internet naming system, aligning with Web3 principles of user sovereignty and reduced reliance on centralized authorities.

The future of Handshake looks promising, with a focus on expanding its decentralized domain name system. The roadmap includes enhancing network security, improving scalability, and increasing adoption among developers and users. By 2026, Handshake aims to integrate with more Web3 applications and DeFi platforms. In 2027, the project plans to launch advanced features for domain management and introduce cross-chain compatibility. Looking ahead to 2030, Handshake envisions becoming a cornerstone of the decentralized internet infrastructure, with widespread use in blockchain-based identity systems and IoT devices. The long-term goal for 2035 is to establish Handshake as the standard for decentralized naming services across the Web3 ecosystem. With ongoing development and partnerships, Handshake is positioned to play a crucial role in shaping the future of internet naming and digital identity management.