Handshake

HNS Price

What is Handshake?

The Handshake project aims to create an alternative certificate authority and naming systems that is used for root Domain Name Server (DNS). It is decentralized and permissionless, typically compared to The Internet Corporation for Assigned Names and Numbers (ICANN) which is centralized. As of now names that are used in top-level domain names such as .com, .net and social networking usernames are centrally managed by a central authority.

What is the Handshake Protocol?

The Handshake Protocol consists of a node that anyone can participate permissionlessly to be part of a decentralized open naming platform. In order to run a node, you may refer to how to get started at https://github.com/handshake-org/hsd.

Why is there a Handshake Coin (HNS)?

Handshake Coin (HNS) is the native currency in the protocol that allows the transfer, registration, and update of internet names. The aim of introducing a unit of currency is in order to counter spams where someone claims and registers all the possible names without any form of control.

How are HNS allocated?

Free and Open Source Software (FOSS) developers are allocated the majority of its initial coins. This is done by way of allocating HNS coins to Github users that meets the minimal requirement of open source activity. If you are an FOSS developer, you may claim it by visiting https://handshake.org/claim/.

Where can I trade HNS?

The exchange with the best liquidity to trade HNS right now would be Namebase.

Where can you buy Handshake?

HNS tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Handshake is MEXC, where the most active trading pair HNS/USDT has a trading volume of $690.69 in the last 24 hours.

What is the daily trading volume of Handshake (HNS)?

The trading volume of Handshake (HNS) is $1,561.03 in the last 24 hours, representing a -81.50% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Handshake (HNS)?

Handshake (HNS) reached an all-time high of $0.8519 and an all-time low of $0.0009324. It’s now trading -99.10% below that peak and 757.90% above its lowest price.

What is the market cap of Handshake (HNS)?

Market capitalization of Handshake (HNS) is $5,436,885 and is ranked #1672 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of HNS tokens (680 Million tokens are tradable on the market today).

What is the fully diluted valuation of Handshake (HNS)?

The fully diluted valuation (FDV) of Handshake (HNS) is $5,436,885. This is a statistical representation of the maximum market cap, assuming the maximum number of 960 Million HNS tokens are in circulation today. Depending on how the emission schedule of HNS tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Handshake compare against its peers?

With a price increase of 410.80% in the last 7 days, Handshake (HNS) is outperforming the global cryptocurrency market which is up 0.40%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -0.80%.