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handshake-web 2020-02-23 00:15:34 +00:00
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<p>If lost auction, refund coins back to yourself: <b>./bin/hsw-cli rpc sendredeem</b></p>
<p>See the documentation on more commands, such as renewals which must be made at least every two years.</p>
<h2>Summary</h2>
<p>Handshake is a decentralized naming network with the majority ownership of initial coins are distributed to open source developers with available scrapeable keys. Certain kinds of decentralized systems were not historically possible as some entities could overwhelm the network and claim all the resources (in this case, register all names). Handshake is an experiment in giving the open source community the majority ownership of this network as a method to bootstrap a decentralized network with limited resources to prevent griefers taking up all the resources. It is hoped that this system could be used as a method wherever decentralized key authentication of names is needed (e.g. decentralized web applications where an association between a name and a cryptographic key proving ownership of that name). This could be used to prove the owner of a name published a document, and distributed across a decentralized network.</p>
<p>Handshake is a decentralized naming network with the majority ownership of initial coins are distributed to open source developers with available scrapeable keys. Certain kinds of decentralized systems were not historically possible as some entities could overwhelm the network and claim all the resources (in this case, register all names). Handshake is an experiment in giving the open source community the majority ownership of this network as a method to bootstrap a decentralized network with limited resources to prevent griefers taking up all the resources. It is hoped that this system could be used as a method wherever decentralized key authentication of names is needed (e.g. decentralized web applications where an association between a name and a cryptographic key proving ownership of that name). <b>In other words, an association between keys and names create the potential for the decentralized web by allocating cyrptographically provable resources to names.</b> This could be used to prove the owner of a name published a document, and distributed across a decentralized network. The more applications using this system to secure/prove documents in a decentralized way, the higher the useful aggregate economic/social value of registered names on Handshake (Metcalfe's Law).</p>
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