Description
The HNS Development Fund supports the Handshake protocol, a decentralized and permissionless naming system aimed at decentralizing internet domain names and improving web security by bypassing traditional DNS and Certificate Authorities controlled by entities like ICANN. Funded by community efforts and focused on non-VC, non-dilutive grants, the initiative dedicates 80% of its resources monthly to independent creators and core developers enhancing the Handshake ecosystem, and reserves 20% for long-term core protocol projects. This approach empowers open source developers to contribute to a more open, secure, and user-owned web. The fund particularly supports projects that bridge Handshake with Ethereum, enhancing decentralization at the internet level and contributing to the growth of the Web3 infrastructure through the development of tools, services, and applications leveraging Handshake's features. This alignment with Web3 principles promotes a broader adoption of a decentralized and community-run internet.
The HNS Development Fund supports the Handshake protocol, a decentralized and permissionless naming system aimed at decentralizing internet domain names and improving web security by bypassing traditional DNS and Certificate Authorities controlled by entities like ICANN. Funded by community efforts and focused on non-VC, non-dilutive grants, the initiative dedicates 80% of its resources monthly to independent creators and core developers enhancing the Handshake ecosystem, and reserves 20% for long-term core protocol projects. This approach empowers open source developers to contribute to a more open, secure, and user-owned web. The fund particularly supports projects that bridge Handshake with Ethereum, enhancing decentralization at the internet level and contributing to the growth of the Web3 infrastructure through the development of tools, services, and applications leveraging Handshake's features. This alignment with Web3 principles promotes a broader adoption of a decentralized and community-run internet.
