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by mattwilsonn888 1426 days ago
The over specification of use case should be a big red flag. Any self-sustaining open and decentralized network capable of hosting a name service will be capable of pushing and storing arbitrary data around - the fact that data can have an owner is core to blockchain, so it's extremely dubious even without digging very deep that Handshake offers something you can't find in a more general platform.

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.