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Handshake raised $10mm which was donated (all $10mm) to non-profit organizations and open source projects, including GNOME [1], Debian [2], KDE [3], among other

Handshake raised $10mm which was donated (all $10mm) to non-profit organizations and open source projects, including GNOME [1], Debian [2], KDE [3], among others. Far from an "ICO scheme," the project further allocated the majority of the coins to developers and existing domain holders. Unlike most decentralized projects you may be thinking of, Handshake is a real project and people are buying domains [4]. Compare the activity on chain with _____, and Handshake speaks for itself. [1] https://www.gnome.org/news/2018/08/gnome-foundation-receives-400000-from-handshake-org/ https://www.gnome.org/news/2018/08/gnome-foundation-receives... [2] https://dot.kde.org/2020/01/21/kde-receives-generous-donation-handshake-foundation https://dot.kde.org/2020/01/21/kde-receives-generous-donatio... [3] https://www.debian.org/News/2019/20190329 https://www.debian.org/News/2019/20190329 [4] https://dns.live/ https://dns.live/

CharlesW 6y ago
> Unlike most decentralized projects you may be thinking of… I'm a fan of decentralized technologies. I'm saying that this project makes ridiculous claims, and (having read the FAQ) even the "decentralized" claim is dubious. > …people are buying domains. Of course. Speculation is the ICO business model.
- rasengan 6y ago
  > and (having read the FAQ) even the "decentralized" claim is dubious. You can’t just say something like this without backing it up. Let’s hear it! > Of course. Handshake improves security while also giving the added benefit of real ownership of one’s namespace. People are buying names because they want the names, speculation or not.
  - CharlesW 6y ago
    > You can’t just say something like this without backing it up. Let’s hear it! From the FAQ: "In order to claim your USPTO, European Union, or equivalent government entity in a foreign country registered trademarked domain name during the Sunrise Period, you MUST fill out this form on the Handshake.org website. Only the verified or pending trademark holder or a registered agent thereof can claim a trademark pending or trademarked name…" "Existing TLDs and over 100,000 Alexa websites are reserved on the Handshake blockchain." It's not clear to me how this is "decentralized" or "permissionless". If that were true, I'd expect that dispute resolution (for example) would be impossible. The bits of the FAQ I quoted above suggest centralized gatekeepers. Am I misunderstanding? Several other interesting challenges were brought up here: https://news.ycombinator.com/item?id=20995969 https://news.ycombinator.com/item?id=20995969 > Handshake improves security… Because blockchain? https://cloudsecurityalliance.org/blog/2020/10/26/blockchain-attacks-vulnerabilities-and-weaknesses/ https://cloudsecurityalliance.org/blog/2020/10/26/blockchain...

CharlesW 6y ago

> Unlike most decentralized projects you may be thinking of… I'm a fan of decentralized technologies. I'm saying that this project makes ridiculous claims, and (having read the FAQ) even the "decentralized" claim is dubious. > …people are buying domains. Of course. Speculation is the ICO business model.

rasengan 6y ago
> and (having read the FAQ) even the "decentralized" claim is dubious. You can’t just say something like this without backing it up. Let’s hear it! > Of course. Handshake improves security while also giving the added benefit of real ownership of one’s namespace. People are buying names because they want the names, speculation or not.
- CharlesW 6y ago
  > You can’t just say something like this without backing it up. Let’s hear it! From the FAQ: "In order to claim your USPTO, European Union, or equivalent government entity in a foreign country registered trademarked domain name during the Sunrise Period, you MUST fill out this form on the Handshake.org website. Only the verified or pending trademark holder or a registered agent thereof can claim a trademark pending or trademarked name…" "Existing TLDs and over 100,000 Alexa websites are reserved on the Handshake blockchain." It's not clear to me how this is "decentralized" or "permissionless". If that were true, I'd expect that dispute resolution (for example) would be impossible. The bits of the FAQ I quoted above suggest centralized gatekeepers. Am I misunderstanding? Several other interesting challenges were brought up here: https://news.ycombinator.com/item?id=20995969 https://news.ycombinator.com/item?id=20995969 > Handshake improves security… Because blockchain? https://cloudsecurityalliance.org/blog/2020/10/26/blockchain-attacks-vulnerabilities-and-weaknesses/ https://cloudsecurityalliance.org/blog/2020/10/26/blockchain...