HNS

HandshakeHNS

Rank #197
Coin
On 12,219 watchlists

Handshake Price (HNS)

$0.5839
9.66%

0.00001056 BTC3.16%

0.0001497 ETH4.59%

Low:$0.5437
High:$0.6496
24h
HNS  Handshake HNSPrice: $0.5839 9.66%
Market Cap
$223,069,320
9.48%
Fully Diluted Market Cap
$1,191,204,999
9.66%
Volume
24h
$1,023,959
105.98%
Volume / Market Cap
0.00459
Circulating Supply
382,017,715.52 HNS
19%
Max Supply
2,040,000,000
Total Supply
382,017,716

Handshake Chart

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HNS Price Live Data

The live Handshake price today is $0.583924 USD with a 24-hour trading volume of $1,023,959 USD. Handshake is down 9.66% in the last 24 hours. The current CoinMarketCap ranking is #197, with a live market cap of $223,069,320 USD. It has a circulating supply of 382,017,716 HNS coins and a max. supply of 2,040,000,000 HNS coins.

If you would like to know where to buy Handshake, the top exchanges for trading in Handshake are currently MXC.COM, Gate.io, ZB.COM, BigONE, and CoinEx. You can find others listed on our crypto exchanges page.

What Is Handshake (HNS)?

Handshake is a decentralized permissionless system that is intended to incentivize a distributed network of computers to operate a system for domain name ownership.

Under Handshake, every peer is tasked with validating and managing the root DNS naming zone, with the objective of providing an alternative to current certificate authorities and naming systems.

Different participants across the internet such as social networking handles and domains rely on a centralized approach. This means the systems depend on a system of honesty — and are still prone to cyber attacks and fraud.

Handshake aims to eradicate this problem by creating a decentralized internet that relies on a peer-to-peer system.

Who Are the Founders of Handshake?

Joseph Poon and Andrew Lee are the two main co-founders of Handshake.

Lee quit a job at Merrill Lynch to co-found Purse — one of the largest marketplaces for Bitcoin in early 2014. As Purse expanded, he began to explore other ways of innovating in the marketplace and investing in infrastructure.

He and Poon had been discussing the ideas underpinning Handshake for years before they co-founded the company.

Aside from developing Handshake, Poon co-wrote the Plasma Papers in collaboration with Vitalik Buterin, the co-founder of Ethereum.

Poon worked at a Big Four accounting firm before becoming involved in the crypto space, while in between jobs. He’s also the co-creator of the Lightning Network and Plasma.

Other co-founders include Boyma Fahnbulleh and Christopher Jeffrey.

What Makes Handshake Unique?

One of the most unique features of Handshake is that it is not a blockchain project looking to fully decentralize current DNS infrastructure. It is rather about decentralizing the root zone — and/or the top-level domains.

This is because apart from the root zone, the entire of DNS is already decentralized.

Handshake’s white paper states: “the Handshake naming protocol differs from its predecessors in that it has no concept of namespacing or subdomains at the consensus layer. Its role is not to replace all of DNS, but to replace the root zone file and the root servers.”

A key concept about Handshake is that it aims to decentralize or reduce dependence on the Internet Corporation for Assigned Names and Numbers (ICANN.)

ICANN was launched in 1998 as a non-profit partnership made of people across the globe, with the aim of keeping the internet more secure.

Handshake instead aims to use a decentralized application based on Proof-of-Work principles to improve the security of the internet.

Learn more about the difference between proof-of-work and proof-of-stake.

Check out our deep dive into decentralized finance.

Learn about cryptocurrencies with CoinMarketCap Alexandria.

\ Subscribe to the CoinMarketCap newsletter.

How Many Handshake Coins Are There in Circulation?

The maximum supply of Handshake coins is fixed at 2.04 billion — and at present, there are approximately 355 million coins in circulation.

How Is Handshake Secured?

Handshake is secured using the unspent transaction output (UTXO) of the blockchain and uses the principles of proof-of-work (PoW) in the same way as Bitcoin.

The naming system comprises on-chain smart contract features which are known as covenants, which are intended to limit the use of future transaction output.

Where Can You Buy Handshake (HNS)?

Handshake is traded on more than a dozen exchanges. The most known exchanges for buying and selling Handshake are Bittrex, Gate.io, BigOne, MXC.com and ZB.com. Read more about how to convert fiat currencies to crypto here.

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HNS

Handshake

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USD

United States Dollar

HNS Price Statistics

Handshake Price Today
Handshake Price$0.5839
Price Change24h$-0.06241
9.66%
24h Low / 24h High
$0.5437 /
$0.6496
Trading Volume24h$1,023,958.70
105.98%
Volume / Market Cap0.00459
Market Dominance0.01%
Market Rank#197
Handshake Market Cap
Market Cap$223,069,319.74
9.48%
Fully Diluted Market Cap$1,191,204,998.59
9.66%
Handshake Price Yesterday
Yesterday's Low / High
$0.5577 /
$0.6565
Yesterday's Open / Close
$0.6525 /
$0.5592
Yesterday's Change

14.29%

Yesterday's Volume$861,513.78
Handshake Price History
7d Low / 7d High
$0.5437 /
$0.8528
30d Low / 30d High
$0.4695 /
$0.8452
90d Low / 90d High
$0.1751 /
$0.8528
52 Week Low / 52 Week High
$0.07553 /
$0.8528
All Time High
May 05, 2021 (5 days ago)
$0.8528
31.53%
All Time Low
Jun 28, 2020 (10 months ago)
$0.07552
673.21%
Handshake ROI

466.28%

Handshake Supply
Circulating Supply382,017,716 HNS
Total Supply382,017,716 HNS
Max Supply2,040,000,000 HNS