1H
-0.73%$0.0000
24H
-0.45%$0.0000
7D
-19.8%$0.0010
30D
-4.32%$0.0002
Handshake is a decentralized, permissionless naming protocol compatible with DNS where every peer is validating and in charge of managing the root zone with the goal of creating an alternative to existing Certificate Authorities. Its purpose is not to replace the DNS protocol, but to replace the root zone file and the root servers with a public commons.
The Handshake protocol maintains the root zone file in a decentralized manner, making the root zone uncensorable, permissionless, and free of gatekeepers.
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Proof-of-Burn is a consensus algorithm that uses the burning of coins to create value. This guide will explore what Proof-of-Burn is, how it works, and its advantages over other consensus algorithms such as proof of work.