What are Handshake coins used for?

Handshake uses a native cryptocurrency called Handshake coins (HNS). These coins are used to bid on names, pay for renewal transactions, and cover transaction fees for miners (operators who keep the network secure). On a more technical level, HNS prevents spam and incentivizes miners to support the Handshake network. Namebase makes it easy to buy and sell HNS.

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