Hanshake dismantles the current monopoly on top-level domains (.com,net,org are all TLDs), which are all controlled by ICANN. While ICANN TLDs cost $185,000 just to apply for, Handshake TLDs are instead distributed through vickrey-style auctions.
This is the 2nd launch from Handshake (HNS). View more
Handshake Protocol
Decentralized naming and certificate authority
Handshake is a decentralized, permissionless naming protocol where every peer is validating and in charge of managing the root DNS naming zone with the goal of creating an alternative to existing Certificate Authorities and naming systems.
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