Up 4 times the Handshake can lead to a new round of domain hype?

Handshake stood out from the crowd when most items had no autonomy in the market and prices followed BTC up and down.
Within a few days, Handshake's market price had quadrupled as high as possible, and even with a big BTC pullback, Handshake had not been affected. This phenomenon within a few days of inflation is often high control disk pyramid selling COINS of the norm, but Handshake can not be a small coin.

Sequoia capital, a16z, and Polychain, the familiar names leading the investment organization behind Handshake, together with 63 other investors and organizations, Handshake reached a total of $10.2 million with a then-high valuation of $136 million.

In addition to the strong financing lineup, leading all the way to the main net before there is no too much news, again appeared in front of people, is the main net after the line, token HNS drop.

Players entering the bull market are familiar with the game of airdrop, common is to hold ETH, thousands of ERC20 item tokens poured into the wallet. There have also been recent airdrops like the EIDOS to refresh players' memories.

Programmer benefit airdrop?

However, the HNS airdrop is different, the difference is that the HNS airdrop is very targeted. According to the token allocation rule, 70% of the HNS is dropped to developers who contribute to open source projects, such as active Github users. These contributors can get around 4,200 HNS dropped by providing a string of characters from the platform.

For about 10 minutes of hands-on time, you can get around $1,000 in cash, which is a big temptation for anyone. Thus, the message of pulling wool ferments in the circles of Internet programmers. In the V2EX forum, which is active among developers in China, two posts on HNS wool pulling have been read by nearly 10,000 people.

For $1,000 per person, give Handshake a name among Internet developers who, even if they don't know much about the industry, know that there's a program beyond bitcoin called Handshake.

That this is taking 67 investment, the project of large sum of money that spreads advertisement fee, what is to do after all?

What is the Handshake

The application domain for Handshake is the domain name, and the leading concept is the decentralized domain name. Domain names have something in common with cryptocurrencies.

To open baidu, we input www.baidu.com, which is the domain name of baidu. When we input this url, the server will resolve the address and return the corresponding IP to our computer.

Among them, ".com "is the top-level domain name," baidu "is the second-level domain name, here the top-level and second-level is not to say the difference between good and bad, but the hierarchical arrangement of the domain name, in other words," baidu "is included in the management scope of".com ", the former is only a branch of the latter. It is not difficult to understand that many common websites now have a uniform top-level domain, in addition to ".com ", but also ".net ", ".org "and so on.

So who manages the top-level domains? This is one of the main reasons for the emergence of Handshake, the current top-level domain administration, rarely, to change a word, rather centralized.

The top-level domain names such as ".com ", the manager is an American called Versign company, they have to do things with words description is very simple, is to manage ".com "and under the top-level domain names of all domain names, domain name transactions, illegal domain names, domain name renewal and so on questions concerning the top-level domain names, all Versign tube.

Hit a random bitcoinhandshake on the auction platform, and you'll find that the.com top-level domain is always the most expensive. Of course, the company does not only manage this domain name, including ".net "and".gov ".

So, we naturally found the domain name management center problem. Handshake's idea is also easy to understand, which is to decentralize the administration of domain names. In Handshake's agreement, domain name management is no longer in the hands of a few companies, in this network people can use HNS token to buy a top-level domain name, the domain name management rights, all the operations related to the top-level domain are managed by the owner.

So understand the Handshake, back to the topic, why do domain names and cryptocurrencies have a common denominator?

Virtual. If there are any virtual assets you can think of before cryptocurrencies, what are they? The equipment in network game is your virtual asset, Q coin is your virtual asset, the domain name is also your virtual asset.

And ownership. Now that you buy a domain name, can you say you own it? No, your domain name management rights in the hands of the top-level domain company, you only have the right to use it, this domain name is not satisfied with any company, you may buy the domain name back. At this point, bitcoin is telling the same story.

Talk about the hype. Cryptocurrency hype, this article only look at domain hype. The average monthly turnover in the domain name trade is reported to be in the tens of millions of dollars. Sina weibo's weibo.com spent 8 million yuan, xiaomi's mi.com spent 22.43 million yuan, and 360's 360.com spent one billion yuan.

Not only does this giant need a domain name that is easy to remember and recognize, some plutocrats also often buy domain name graph happily. Mr Wang paid rmb60m for wanda.com, a domain whose previous owner cost rmb8m, more than fivefold in a year. The rich story of domain names is not less than speculation.

So, the domain name of Handshake, can also fry?

Handshake how to play

Take a look at how Handshake's domain name works.

Sign up an account on namebase, top up the HNS token, and get ready. On the domain name page, bid for the domain you like to get the Handshake.

So what's the use of my domain name with a Handshake? First of all, Handshake's domain names are top-level domains, at the ".com "level, so if you bid for".wow, "then all you have is the management of the top-level domain, which means that".com "is to Versign what".wow "is to you.

Ideally, you could run this top-level domain, carry it forward, and have other people use your top-level domain to register, like coin.wow, Handshake. Wow comes along, and you have all the management rights for all the secondary domains, and everything that happens under this top-level domain, needs to go through you.

It's like, in those theme park games, you own a piece of land, you build an amusement park on that land, you're responsible for all the facilities, and your revenue is the ticket. Top-level domain is your land. What you do with the land, what you do with the land, is your right.

Imagine the space. What's the limit on the Handshake?

The first is the domain name limit, Handshake has already owned the domain name of attribution, almost all ruled out, including com, net such as the world is in use domain name, at the same time in the traffic query website Alexa before 100,000 domain names are not in the auction range. The goal is to ensure that there are no conflicts, and that auctions can only start with unused domains.

Second is the use of restrictions, normally, you buy a com domain name, can use directly, others can access your new url directly through the browser, because all browsers, all networks accept this agreement.

However, the Handshake is not the same. This protocol has not been accepted yet. You are now buying a ".handshake "top-level domain name on namebase. Only when the browser or network supports Handshake will the domain the user bought in be valid.

But who will support it, and for how long, is unknown.

Imagine there is some space, not surprisingly, Handshake domain hype will appear, like an etheric fang domain ENS amazon. Eth can fry to 100 eth, a book is hype attribute domain name field, coupled with a built-in encryption monetary industry hype properties, Handshake top-level domain hype is likely to be more crazy, after all, now namebase domain is a bargain. In the short term, Handshake has more hype potential than application potential.

Finally, remind everyone, careful investment, pay attention to risk, whether it is currency, or domain name speculation.

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