Could you please elaborate on the fundamental differences between DNS and HNS? How do they function differently, and in what scenarios would one be more suitable than the other? Understanding these nuances is crucial for anyone navigating the digital landscape, especially in the realm of cryptocurrency and decentralized finance.
7 answers
Stefano
Fri Sep 20 2024
The debate surrounding Handshake (HNS) versus traditional DNS highlights a fundamental shift in the way domains are owned and controlled.
Valeria
Fri Sep 20 2024
Handshake domains are designed to be decentralized, with ownership and control distributed among the network's participants. This approach removes the reliance on centralized authorities, such as domain registrars and DNS servers, that are prevalent in traditional DNS systems.
DaeguDiva
Fri Sep 20 2024
By distributing ownership and control, Handshake aims to increase transparency, security, and resilience within the domain name system. With no single point of failure, the network is less susceptible to attacks and manipulation.
PulseEclipse
Thu Sep 19 2024
In contrast, traditional DNS is inherently centralized, with control concentrated in the hands of a few entities. This can create vulnerabilities and increase the risk of censorship or manipulation.
CryptoQueenBee
Thu Sep 19 2024
Furthermore, traditional DNS systems often require users to pay fees to domain registrars and DNS providers, which can add up over time. Handshake, on the other hand, aims to reduce these costs by eliminating the need for intermediaries.