Hacker News new | ask | show | jobs
by publiush 1656 days ago
> Maybe contribute to the network in exchange for a balance, that you can then exchange for domains after which it’s gone.

You've just described handshake - when you purchase a domain, the coins are burned in exchange for the domain.

1 comments

Just that one part? Or everything? I’m not quite sure how Handshake is generating balance in the first place, beyond a lot of mentions of coins and exchange tickers.
I know I'm a few days late to this reply, but Handshake is a Proof of Work system like Bitcoin. You generate balances by mining it using a powerful computing device.