Handshake · interactive mechanism simulation

Bidders lock up blind bids → a reveal window separates the honest from the forfeited → the chain settles a second-price (Vickrey) auction, burning the clearing price and minting a root-zone name for the winner. Edit the parameters and watch the auction cycle change.
Bidders 4 per auction Auction (blind bid) auction #0 Reveal phase 75% reveal rate Chain settles highest reveal wins pays 2nd price Burn 🔥 0 HNS burned no treasury, no fee Root-zone registry 0 names minted winner controls record Refund excess lockup returned Resolver (hnsd) plugin or custom DNS Browser 0 sites reachable
Auctions settled
0
HNS burned
0
Names in registry
0
Sites reachable
0
Parameters — edit me
4
35%
75%
0.4/s
3%
Controls

Illustrative simulation. Defaults mirror the researched Handshake mechanism (blind bid + reveal, second-price settlement, burned clearing price, low mainstream browser adoption), but bid sizes and timing are randomized for visualization — not live onchain data. Drag the sliders to explore how the auction cycle responds. Part of The Onchain Experiment Atlas.