About Handshake
Handshake (HNS) is a cryptocurrency launched in 2020. Handshake has a current supply of 677,730,457.32. The last known price of Handshake is 0.00398974 USD and is up 7.82 over the last 24 hours. It is currently trading on 14 active market(s) with $10,865.40 traded over the last 24 hours.
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Trading Insights
Searched
1
Market Stats
Market Cap
$2.58M
FDV
$3.67M
Circ. Supply
678M HNS
Max Supply
961M HNS
Total Supply
678M HNS
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$9.92K
-15.79%
Volume (7D)
$78.35K
Volume (30D)
$298.72K
All time high
$0.85
Price Change (1Y)
-53.54%
Additional details
Market details
HNS vs markets
↘ 66%
HNS vs BTC
↘ 65.15%
HNS vs ETH
↘ 57.31%
Tags
distributed-computing
collectibles-nfts
storage
web3
+2
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0038 | ↘ 3.91% |
1 Day | $0.0039 | ↘ 3.99% |
1 Week | $0.0044 | ↘ 12.30% |
1 Month | $0.0040 | ↘ 4.79% |
1 Year | $0.0082 | ↘ 53.54% |
FAQ
Handshake is a permissionless and decentralized naming protocol that enables people to agree on names and cryptographic keys of networks. The official website of Handshake claims that names on the internet rely on centralized actors with complete control over a system. This makes the system vulnerable to hacking, corruption, and censorship. Therefore, Handshake aims to establish new ways of validating the peer-to-peer systems by the network's participants making the internet more resilient, secure, and socially beneficial.
Internet services have become more centralized and do not fulfill the original decentralized vision of the internet. Centralization of the internet services became essential to manage Sybil attacks and spam. Sybil attacks refer to a security threat on an online system, whereby individuals take control of a network by creating several accounts, computers, or nodes. However, to prevent the loopholes of centralization, internet services can prevent Sybil attacks if built on a decentralized system. A decentralized system eliminates the presence of a singular entity for permanent unitary control of the protocol.
Handshake enables participation in a decentralized open naming platform secured by a decentralized peer-to-peer network. The platform utilizes a coin system for name registration. Handshake coin (HNS) is the native token of the platform. Through HNS, participants transfer, register, and update names on the internet. The Handshake community places auctions and bids top-level domains through HNS.
Handshake allocates the maximum initial coins to the Free and Open Source Software (FOSS) community without any attached obligation. FOSS refers to free and open software that allows users and programmers to modify, edit, or re-use the software's source code. The incentive design of Handshake relies on Metcalfe’s Law. Metcalfe’s Law states that an increase in the network's user base is directly proportional to the value of the network. Therefore, the value of Handshake is derived from the network of users.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#1694
Contributors
41
Posts
41
% About Handshake
0.019%
Hold times
0 days
X (Twitter)
50% bullish
Sentiment
3.8 ★
Highlights
41 unique individuals are talking about Handshake and it is ranked #1,694 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Handshake has an average sentiment score of 3.8 out of 5. Finally, Handshake is becoming less newsworthy, with 0 news articles published about Handshake.
On Twitter, people are mostly bullish about Handshake. There were 59% of tweets with bullish sentiment compared to 17.99% of tweets with a bearish sentiment about Handshake. 41% of tweets were neutral about Handshake. These sentiments are based on 282 tweets.
On Reddit, Handshake was mentioned in 0 Reddit posts and there were 0 comments about Handshake. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.