How does Handshake DNS improve security for digital currency transactions?

3 answers

• Prince VermaOct 22, 2022 · 3 years ago
  Handshake DNS improves security for digital currency transactions by using a decentralized naming system. Unlike traditional DNS, which relies on a centralized authority, Handshake DNS is built on blockchain technology. This ensures that domain names and associated IP addresses are stored in a transparent and tamper-proof manner. By eliminating the need for a central authority, Handshake DNS reduces the risk of DNS hijacking and domain spoofing, which are common attack vectors in the digital currency space. Additionally, Handshake DNS allows for the creation of top-level domains (TLDs) that are resistant to censorship and control by any single entity, further enhancing the security and decentralization of digital currency transactions.
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• Fatima AlattasSep 18, 2024 · a year ago
  Handshake DNS is a game-changer for the security of digital currency transactions. By leveraging blockchain technology, Handshake DNS eliminates the vulnerabilities associated with traditional DNS systems. With Handshake DNS, domain names and associated IP addresses are stored on a decentralized network, making it nearly impossible for malicious actors to manipulate or hijack DNS records. This greatly reduces the risk of phishing attacks and ensures that users are accessing legitimate websites when conducting digital currency transactions. In addition, Handshake DNS allows for the creation of TLDs that are resistant to censorship, providing users with a more secure and decentralized internet experience.
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• MenghenJan 13, 2023 · 3 years ago
  Handshake DNS is revolutionizing the security of digital currency transactions. Unlike traditional DNS systems, which rely on a centralized authority, Handshake DNS is built on blockchain technology, making it more secure and resistant to manipulation. By decentralizing the naming system, Handshake DNS eliminates the risk of DNS hijacking and domain spoofing, which are major concerns in the digital currency space. This enhances the security and trustworthiness of digital currency transactions, giving users peace of mind when conducting online transactions. With Handshake DNS, users can be confident that they are interacting with legitimate websites and protecting their digital assets.
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