Transacting with HNS could soon become a little easier as Rosen Bridge works to connect Handshake's cryptocurrency with other blockchain networks.
Rosen Bridge is a decentralised system designed to connect otherwise separate blockchains, potentially allowing HNS to be used across a wider range of cryptocurrency networks and applications.
For Handshake, this could open new opportunities for accessing and using HNS beyond its own blockchain.
Built around the Ergo blockchain, Rosen Bridge is working towards making these connections possible.
Development towards Handshake integration has been progressing, with testing activity reported through Rosen's Pandora Network. However, the official Rosen roadmap still lists Handshake integration as in progress, and public HNS transfers through the bridge have not yet been confirmed.
If successful, the integration could help introduce Handshake to new users and applications across the wider blockchain economy.
Connecting the $HNS Coin
Handshake is more than a cryptocurrency. Its blockchain also records ownership of top level names, allowing holders to manage those names directly under the protocol's rules.
But moving HNS between blockchain networks is not the same as moving a Handshake name.
A name such as wallet/ or agent/ would remain recorded on the Handshake blockchain. Its ownership would not transfer to Ergo or another network simply because HNS becomes available there.
Handshake can connect with other blockchain ecosystems without surrendering control of its naming system.
Rosen Bridge is still a development in progress, but one that could broaden the reach of HNS while leaving the fundamental principles of Handshake name ownership unchanged.
Own the Name | Own the Rules | Own The Dot.
A Handshake Protocol initiative.