Description
Handshake Community is a decentralized, permissionless naming protocol compatible with the Domain Name System (DNS) where every peer is validating and in charge of managing the root DNS naming zone. This project aims to replace the role of traditional domain name registrars that require fees and have the power to seize or censor domains. Instead, Handshake introduces a system where domain names are distributed as non-fungible tokens (NFTs) through a Vickrey auction process, allowing users to own, trade, and use domain extensions directly on the blockchain without any central control. The protocol not only decentralizes domain name registration but also increases security against censorship and tampering. Handshake is designed to work with existing DNS infrastructure, making it easier to adopt and implement. By leveraging blockchain technology, Handhandle Community seeks to create a more open and secure internet, where users have full control over their domain names and the root DNS.
Handshake Community is a decentralized, permissionless naming protocol compatible with the Domain Name System (DNS) where every peer is validating and in charge of managing the root DNS naming zone. This project aims to replace the role of traditional domain name registrars that require fees and have the power to seize or censor domains. Instead, Handshake introduces a system where domain names are distributed as non-fungible tokens (NFTs) through a Vickrey auction process, allowing users to own, trade, and use domain extensions directly on the blockchain without any central control. The protocol not only decentralizes domain name registration but also increases security against censorship and tampering. Handshake is designed to work with existing DNS infrastructure, making it easier to adopt and implement. By leveraging blockchain technology, Handhandle Community seeks to create a more open and secure internet, where users have full control over their domain names and the root DNS.
