Handshake (HNS) Decentralized Naming and Certificate Authority - OhNo "WTF" Crypto

Breaking News

Handshake (HNS) Decentralized Naming and Certificate Authority

#crypto #bitcoin

Handshake is a decentralized, permissionless naming protocol where every peer is validating and in charge of managing the root DNS naming zone with the goal of creating an alternative to existing Certificate Authorities and naming systems. Handshake is an experiment which seeks to explore those new ways in which the necessary tools to build a more decentralized internet. By running Handshake, one can participate in a decentralized open naming platform secured by a decentralized peer-to-peer network. Handshake uses a coin system for name registration.

The Handshake coin (HNS) is the mechanism by which participants transfer, register, and update internet names. The community will be able to initiate auctions and place bids for top-level domains using HNS or trade their HNS as they see fit, with differing value per name. HNS coins can already be mined with GPUs using mining software such as NBMiner or GMiner, with mining starting just a few weeks ago with the project already gaining significant interest. HashAltcoins have also added support for mining HNS using their FPGA miners, although hashrate and power usage are not significantly better than what a 1080 Ti GPU mining rig could offer. The Chinese ASIC manufacturer Hummer Miner also have announced that they will be releasing a HNS ASIC miner planned to start shipping in May with expected hashrate of 75-80 GH/s.

The good news is there is still to mine some HNS coins with GPUs, the coins are already listed for trading on Gate.io and HotBit. There are a number of mining pools available for HNS with F2Pool being the largest in terms of hashrate at the moment…



OhNoCrypto

via https://www.ohnocrypto.com

admin, Khareem Sudlow