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How does the DNS handshake process work in the context of cryptocurrency transactions?

avatarAlex ShevtsovNov 26, 2021 · 3 years ago3 answers

Can you explain in detail how the DNS handshake process works when it comes to cryptocurrency transactions? I'm interested in understanding the specific steps involved and how it ensures secure and reliable communication between the parties involved.

How does the DNS handshake process work in the context of cryptocurrency transactions?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    The DNS handshake process in the context of cryptocurrency transactions involves several steps. First, the client sends a DNS query to the DNS resolver, requesting the IP address of the server it wants to connect to. The resolver then checks its cache for the IP address. If it doesn't have it, the resolver sends a query to the root DNS server, which responds with the IP address of the top-level domain server. The resolver then sends a query to the top-level domain server, which responds with the IP address of the authoritative name server for the specific domain. Finally, the resolver sends a query to the authoritative name server, which responds with the IP address of the server the client wants to connect to. This IP address is then used to establish a connection and initiate the cryptocurrency transaction. The DNS handshake process ensures that the client is able to reach the correct server and establish a secure and reliable connection for the transaction.
  • avatarNov 26, 2021 · 3 years ago
    The DNS handshake process is crucial in the context of cryptocurrency transactions as it ensures that the client is able to connect to the correct server and establish a secure connection. Without a proper DNS handshake, there is a risk of connecting to a malicious server or experiencing communication issues that could compromise the transaction. By following the steps of the DNS handshake process, the client can verify the authenticity of the server and establish a reliable connection for the transaction to take place. It's an essential component of the overall security and reliability of cryptocurrency transactions.
  • avatarNov 26, 2021 · 3 years ago
    In the context of cryptocurrency transactions, the DNS handshake process plays a vital role in ensuring secure and reliable communication between the parties involved. When a client initiates a transaction, it needs to connect to the correct server to carry out the transaction. The DNS handshake process helps in this by resolving the domain name to the corresponding IP address. This process involves multiple steps, including querying the DNS resolver, root DNS server, top-level domain server, and authoritative name server. Each step ensures that the client gets the correct IP address of the server it wants to connect to. Once the IP address is obtained, the client can establish a connection and proceed with the cryptocurrency transaction. This process helps prevent any potential issues or security risks that may arise from connecting to the wrong server or encountering DNS-related problems.