Namebase Domains

April 3, 2024 Blockchain

Namebase is a platform that offers services related to Handshake, a decentralized naming protocol which differs from the traditional Domain Name System (DNS) we use to navigate the internet today. Handshake aims to create a more secure and censorship-resistant web by decentralizing the process of managing domain names. Here’s a basic overview of what Namebase and Handshake domains are and how to use them:

What is Namebase?

Namebase is a platform that facilitates the buying, selling, and management of Handshake domain names. It aims to make the process user-friendly, providing an exchange for HNS (Handshake's cryptocurrency) and a registrar for Handshake domains. Users can purchase Handshake domain names using HNS or USD, trade them on Namebase’s marketplace, and manage their domains through the platform.

What are Handshake Domains?

Handshake domains are decentralized domain names that are part of the Handshake project. Unlike traditional domain names, which are governed by centralized authorities like ICANN, Handshake domains are distributed across the network with ownership recorded on the Handshake blockchain. This approach aims to reduce censorship and improve security by removing single points of failure and control.

How to Use Namebase Domains:

1. Create an Account on Namebase: First, sign up for an account on Namebase. You’ll need to provide some basic information and potentially go through a verification process.

2. Buy or Bid on a Domain: Once your account is set up, you can browse available domains or participate in auctions for domains that are not yet owned. You can use HNS coins or USD to make purchases, depending on your preference.

3. Set Up Your Domain: After purchasing a domain, you can manage it through Namebase’s dashboard. This includes setting DNS records to point to your hosting provider, similar to how you would set up a traditional domain.

4. Use Your Domain: With your domain set up, you can start using it just like any other domain name. However, users will need a Handshake resolver or a browser plugin that supports Handshake domains to access your site, as most current browsers do not natively support Handshake domains yet.

5. Trade Domains: Namebase also provides a marketplace for buying and selling Handshake domains. If you own a domain that you believe has increased in value, you can list it for sale on the platform.

Benefits of Handshake Domains:

• Censorship Resistance: Being decentralized, Handshake domains are harder for any single entity to censor or block.
• Security: The decentralized nature of the blockchain-based system provides a more secure environment, reducing the risks of hacking and phishing attacks.
• Ownership: When you purchase a Handshake domain, you own it outright as an asset on the blockchain, unlike traditional domains which are more like leased from registrars.

Challenges:

• Adoption: Widespread adoption is still a challenge. Users need specific resolvers or plugins to access websites using Handshake domains.
• Usability: While Namebase aims to simplify the process, managing Handshake domains and understanding the ecosystem can be complex for newcomers.

Handshake and Namebase are part of a broader movement towards decentralizing the web. While still in the early stages, projects like these could have a significant impact on how we interact with the internet in the future.

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