by 0xcrypto on 7/25/22, 8:11 AM with 95 comments
by noname120 on 7/25/22, 12:25 PM
How is that even remotely related to creating a new domain name service?
Does the author really believe in good faith that the centralization of platforms would somehow be reduced or disappear entirely by introducing a new domain name service?
This will literally not change anything. It's not because Facebook started owning facebook.com that they magically became a dominant platform.
by mattwilsonn888 on 7/25/22, 2:46 PM
It is also worth noting that the coins behind this project have been mined since February 2020. https://e.hnsfans.com/blocks?page=6517
Particularly for any use case where it is important that any user in all circumstances has access to data, it is really important to avoid centralizing forces present in Bitcoin and Ethereum - they were designed to secure blocks, not to secure open access, as plainly evident by their consensus mechanisms which do nothing explicit to reward the routing of data into the network.
This results in sub-optimal outcomes for data routing, but optimal outcomes for producing hash power or collecting large staking pools. If you are seriously interested in a platform which incentivizes and is based around open access and leverages that to gain better security guarantees (time-stamping, public key cryptography, exchange of value) at scale than Bitcoin or Ethereum, read about Saito and its economic foundations.
by p4bl0 on 7/25/22, 9:50 AM
by lekevicius on 7/25/22, 10:10 AM
by XorNot on 7/25/22, 12:33 PM
i.e. "are you my bank?" It's a question I want answered specifically, in a cryptographically secure fashion by my local government well-known authority, and then my bank.
"Are you the local resistance leaders?" is a question I want answered by a chain of signed pseudonyms with set of revocations being published frequently through anonymous channels.
In both cases, details like "how are TLDs assigned?" should ultimately be in my control, with a convention to establish "normal" practice.
One of those use cases shouldn't be wasting my money running GPU miners, and one of them can't.
by rvz on 7/25/22, 10:30 AM
It's very interesting to see Namecheap, Gateway.io, Encirca, etc use it and its very surprising to see some ICANN TLDs being claimed on Handshake.
by substation13 on 7/25/22, 12:13 PM
by whatisweb3 on 7/25/22, 11:46 AM
If you are seeking decentralized naming and certificate authorities you can look at Ethereum and ENS. Besides the eventual transition to Proof-of-Stake, building an application on top of an existing consensus mechanism means that your application will inherit the security of that blockchain.
by formerly_proven on 7/25/22, 9:26 AM
by AndrianV on 7/25/22, 10:13 AM
by lizardactivist on 7/25/22, 10:19 AM
by zokier on 7/25/22, 10:01 AM
by fabco on 7/25/22, 9:58 AM
Dappy has a .d scoping at the top to avoid collisions, POS blockchain behind it, a co-resolution system (IP addresses and root certificates are always co-resolved), and it allows multi-ownership of names.
Worth checking out https://dappy.tech/
by kouteiheika on 7/25/22, 10:15 AM
Uh, no thanks. If you insist on using a blockchain at least don't make it proof-of-work. It's 2022, and there are plenty of production-ready non-PoW chains out there already. Please stop killing the planet.
by daenney on 7/25/22, 9:47 AM
> The full node daemon, hsd, is written in Javascript and is a fork of bcoin.
Personally, not the future I’m looking for.
by eptcyka on 7/25/22, 10:21 AM
by rajman187 on 7/25/22, 10:49 AM
https://www.crunchbase.com/organization/handshake-2
Meanwhile, the claims on this website:
> Email became Gmail, usenet became reddit, blog replies became facebook and Medium, pingbacks became twitter, squid became Cloudflare, even gnutella became The Pirate Bay
While not even accurate, these centralized services became popular and synonymous with their underlyings due to convenience and benefits (eg gmail offering massive storage when it first rolled out; FB deploying its newsfeed which other social media platforms didn’t have at the time; etc)
> True decentralization, no official singular Foundation, Committee, Corporation, or entities in permanent unitary control of the protocol.
And what happens when something inevitably goes wrong without any kind of oversight? Who can course-correct if it has succumbed to say a 51% attack
> Economic incentives enable decentralized agreements to form via a transparent name auction process.
And so beholden to the same hyperfinancialization principles we see now—bid higher to get your blocks mined quicker. Not to mention the 700% spike in fees we saw not long ago.
Add in proof of work and you’ve now got potentially very long waiting times as well, further incentivizing the pay for speed mentality
by felixbennett on 7/25/22, 1:47 PM