How does Handshake utilize blockchain technology?

Can you explain how Handshake uses blockchain technology in the context of the cryptocurrency industry?

3 answers
- Handshake utilizes blockchain technology to create a decentralized domain name system (DNS) that is resistant to censorship and control. By leveraging blockchain, Handshake allows users to register and manage domain names without relying on traditional centralized authorities. This ensures greater security, transparency, and ownership of domain names in the cryptocurrency industry.
Mar 17, 2022 · 3 years ago
- In simple terms, Handshake uses blockchain technology to replace the traditional DNS system with a decentralized and trustless network. This means that domain names are stored on the blockchain, making them resistant to censorship and tampering. It also eliminates the need for intermediaries, reducing costs and increasing efficiency in the domain name registration process.
Mar 17, 2022 · 3 years ago
- Handshake, a project developed by the Handshake Foundation, utilizes blockchain technology to revolutionize the domain name industry. By leveraging the power of decentralized networks, Handshake aims to create a more secure, transparent, and censorship-resistant domain name system. With Handshake, users can register and manage domain names directly on the blockchain, ensuring true ownership and control over their online presence.
Mar 17, 2022 · 3 years ago
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