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The Handshake [0] project used (uses?) Vickrey auction to auction off the initial supply of names. It had some other cool ideas, such as replacing certificate a
by tasuki 3y ago
The Handshake [0] project used (uses?) Vickrey auction to auction off the initial supply of names. It had some other cool ideas, such as replacing certificate authorities with self-signed certificates verified by the blockchain.
I know everyone hates blockchain, I kind of do too, but Handshake I found genuinely interesting.
Disclaimer, I own some Handshake names so you could say I'm shilling for it but mostly the project appears dead anyway...
[0]: https://handshake.org/ https://handshake.org/
- donmcronald 3y agoI almost bought a Handshake domain, but didn't because of the Vickery auction they use. I wanted to register one that matches my best .com. It's not an in demand name, so it's available, but the last thing I want when I'm buying a domain is a big announcement and a bidding war. Hey look at me! I'm trying to buy a domain over here! Come compete with me! It has no value to anyone except me and anyone that can usurp it and try to sell it to me. I don't want to compete with a bunch of crypto bros that have tons of paper money (aka coins) in a low liquidity system, so I opted not to bother. Now I'm glad I didn't bother. It would have been a huge hassle just to get HNS (?) and now there are tons of blockchain TLD startups. With the collisions that creates they're basically recreating the namespace fragmentation and ambiguity that results from every platform having independent handles.
- tasuki 3y agoI completely empathise with your situation. Last time I checked (not very recently), all the other blockchain domain systems were worse than Handshake. Doesn't mean they won't win...