Handshake is a Proof-of-Work protocol like Bitcoin, except unlike Bitcoin where you only use the coins as money, Handshake coins (HNS) are also used to register names on the Handshake blockchain. Handshake names are top-level domain names (.com, .net, .org) but unlike traditional domain names that you can only rent, you truly own your Handshake names forever, which no one can take from you nor prevent others from accessing. And rather than being limited to renting from a small number of extensions like .com and .org, you can own and use almost any extension you can think of, including ones with Chinese characters, Russian characters, and even emojis!
HNS refers to Handshake coins, which are the digital currency of the Handshake blockchain that you use to bid on Handshake names and pay transaction fees to the miners who add your transactions to the Handshake blockchain.
Namebase is a domain registrar and onramp for Handshake — think of us as a combination of GoDaddy and Coinbase for Handshake. You can buy HNS and use it to bid on Handshake names as well as manage them on our website.