The edge that pays for itself.
Handshake (HNS) Price
Handshake Price
Advantages of Cryptocurrency
Decentralization & Financial Freedom
Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.
Transparency & Security
Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.
Global Accessibility
Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.
Investment Potential
Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.
Risks of Cryptocurrency
High Volatility
Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.
Regulatory Uncertainty
The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.
Security Risks
Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.
Environmental Impact
Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.
History of Cryptocurrency
The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.
Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.
The Rise of Altcoins
Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).
The ICO Boom and Market Crash
The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.
Institutional Adoption
The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.
DeFi, NFTs & Web3
Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.
Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.
Exchange
| Exchange | Market Pair | Price | Depth +2% | Depth -2% | Volume 24H | Volume % | Type | Liquidity Rating | Freshness |
|---|---|---|---|---|---|---|---|---|---|
| Gate | HNS/USDT | 0.01 | 148.80 | 68.19 | 82,987.49 | 0.00 | cex | 15.00 | 7/9/2025, 6:23 AM |
| Gate | HNS/BTC | 0.01 | 4.59 | 166.91 | 55,588.44 | 0.00 | cex | 42.00 | 7/9/2025, 6:23 AM |
| CoinEx | HNS/USDT | 0.01 | 42.33 | 155.34 | 7,238.40 | 0.01 | cex | 74.00 | 7/9/2025, 6:23 AM |
| CoinEx | HNS/BTC | 0.01 | 16.07 | 95.44 | 6,905.11 | 0.01 | cex | 26.00 | 7/9/2025, 6:23 AM |
| MEXC | HNS/USDT | 0.01 | 316.27 | 8.49 | 1,828.07 | 0.00 | cex | 97.00 | 7/9/2025, 6:18 AM |
| Namebase | HNS/BTC | 0.01 | 0.00 | 0.00 | 180.35 | 0.00 | cex | 1.00 | 7/9/2025, 6:24 AM |
Handshake FAQ
Handshake is a decentralized, permissionless system designed to encourage a network of distributed computers to manage a system for domain name ownership. Within Handshake, each participant is responsible for validating and managing the root DNS naming zone. The system's objective is to offer an alternative to existing certificate authorities and naming systems. Currently, various internet participants, including social networking handles and domains, rely on a centralized approach. This dependence on a system of honesty makes them vulnerable to cyber attacks and fraud. Handshake seeks to solve this issue by establishing a decentralized internet that operates on a peer-to-peer system.
Joseph Poon and Andrew Lee are the two primary co-founders of Handshake. Lee left a position at Merrill Lynch to co-found Purse, which became one of the largest Bitcoin marketplaces in early 2014. As Purse grew, Lee sought additional avenues for marketplace innovation and infrastructure investment. Poon and Lee had been conceptualizing the foundational ideas of Handshake for several years before establishing the company. In addition to his work on Handshake, Poon co-authored the Plasma Papers in collaboration with Vitalik Buterin, the co-founder of Ethereum. Prior to entering the cryptocurrency sector, Poon was employed at a Big Four accounting firm during a transition between jobs. He is also a co-creator of the Lightning Network and Plasma. Other co-founders of Handshake include Boyma Fahnbulleh and Christopher Jeffrey.
One of the most distinctive features of Handshake is that it is not a blockchain project aiming to fully decentralize the current DNS infrastructure. Rather, it focuses on decentralizing the root zone—and/or the top-level domains. This is because, apart from the root zone, the entire DNS system is already decentralized. According to Handshake's white paper: “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 fundamental concept of Handshake is its goal to decentralize or reduce dependence on the Internet Corporation for Assigned Names and Numbers (ICANN). Founded in 1998, ICANN is a non-profit partnership comprising individuals worldwide, aimed at enhancing internet security. Handshake aims to improve internet security by utilizing a decentralized application based on Proof-of-Work principles.
Handshake has a fixed maximum supply of 2.04 billion coins, with approximately 355 million coins currently in circulation.
Handshake employs the security mechanism of unspent transaction output (UTXO) on its blockchain and adheres to the principles of proof-of-work (PoW) similar to Bitcoin. The naming system includes on-chain smart contract functionalities, referred to as covenants, which are designed to restrict the use of future transaction outputs. For more detailed information or updates, please refer to Eulerpool.
Handshake is available for trading on numerous exchanges. Some of the most reputable platforms for purchasing and selling Handshake include Bittrex, Gate.io, BigOne, MXC.com, and ZB.com. For additional information on converting fiat currencies to cryptocurrency, visit Eulerpool.
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