Read more (MIT technology review)
The Handshake Network, an ambitious public blockchain project whose developers want to reinvent how internet domain names are assigned, has finally launched its main network after months of testing.
Bitcoin-esque: Handshake’s network will be similar to the Bitcoin network. Computers will compete to add new transactions to the blockchain and earn cryptocurrency. But the blockchain will also keep track of registered domain names, and the top 100,000 of the internet’s most popular names are already in the chain. If a name isn’t on the blockchain, the software will redirect your request to regular DNS servers, Steven McKie, a developer and investor in the project, told me in June.
To work, Handshake will need to build up a large community of “miners” willing to run the software in pursuit of new coins, entice developers to build applications on top of the network, and convince regular users to switch from the traditional DNS.
Read more (MIT technology review)
The Handshake Network, an ambitious public blockchain project whose developers want to reinvent how internet domain names are assigned, has finally launched its main network after months of testing.
Bitcoin-esque: Handshake’s network will be similar to the Bitcoin network. Computers will compete to add new transactions to the blockchain and earn cryptocurrency. But the blockchain will also keep track of registered domain names, and the top 100,000 of the internet’s most popular names are already in the chain. If a name isn’t on the blockchain, the software will redirect your request to regular DNS servers, Steven McKie, a developer and investor in the project, told me in June.
To work, Handshake will need to build up a large community of “miners” willing to run the software in pursuit of new coins, entice developers to build applications on top of the network, and convince regular users to switch from the traditional DNS.
Read more (MIT technology review)
