Blockstack: Difference between revisions
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==Corporate backing== | ==Corporate backing== | ||
Founded in 2013 as '''Onename''', Blockstack raised $5.45 million [[venture capital]] from a number of major players, including [[Union Square Ventures]], [[AngelList]] founder [[Naval Ravikant]], and [[Digital Currency Group]].<ref>{{cite news|last1=del Castillo|first1=Michael|title=Bitcoin-Powered Internet Advances With $4 Million Blockstack Funding|url=http://www.coindesk.com/blockstack-4-million-funding-series-a/|accessdate=28 May 2017|work=CoinDesk|date=6 January 2017}}</ref><ref>{{cite news |publisher=''[[Wired (magazine)|Wired]]'' |url=https://www.wired.com/story/the-decentralized-internet-is-here-with-some-glitches/ |title=The Decentralized Internet Is Here, With Some Glitches |first=Tom |last=Simonite |date=March 5, 2018}}</ref> | Founded in 2013 as '''Onename''', Blockstack Inc. raised $5.45 million [[venture capital]] from a number of major players, including [[Union Square Ventures]], [[AngelList]] founder [[Naval Ravikant]], and [[Digital Currency Group]].<ref>{{cite news|last1=del Castillo|first1=Michael|title=Bitcoin-Powered Internet Advances With $4 Million Blockstack Funding|url=http://www.coindesk.com/blockstack-4-million-funding-series-a/|accessdate=28 May 2017|work=CoinDesk|date=6 January 2017}}</ref><ref>{{cite news |publisher=''[[Wired (magazine)|Wired]]'' |url=https://www.wired.com/story/the-decentralized-internet-is-here-with-some-glitches/ |title=The Decentralized Internet Is Here, With Some Glitches |first=Tom |last=Simonite |date=March 5, 2018}}</ref> | ||
In September 2017, Blockstack converted itself into a [[Public-benefit corporation|Public Benefit Corporation]], switching from Blockstack Inc. to Blockstack PBC.<ref>{{citation |title=Announcing the Blockstack Public Benefit Corp| url=https://blockstack.org/blog/public-benefit-corp |author=Muneeb Ali and Ryan Shea |date=September 20, 2017}}</ref> | In September 2017, Blockstack Inc. converted itself into a [[Public-benefit corporation|Public Benefit Corporation]], switching from Blockstack Inc. to Blockstack PBC.<ref>{{citation |title=Announcing the Blockstack Public Benefit Corp| url=https://blockstack.org/blog/public-benefit-corp |author=Muneeb Ali and Ryan Shea |date=September 20, 2017}}</ref> | ||
In December 2017, Blockstack raised $50 million from the sale of a token.<ref>{{citation |title=Blockstack Token Sale| url=https://blockstack.org/blog/blockstack-token-sale |author=Muneeb Ali and Ryan Shea |date=October 26, 2017}}</ref><ref>{{citation |title=Blockstack’s $50M Token Sale| url=https://blockstack.org/blog/blockstack-token-sale-recap |author=Muneeb Ali and Ryan Shea |date=December 5, 2017}}</ref> | In December 2017, Blockstack PBC raised $50 million from the sale of a token.<ref>{{citation |title=Blockstack Token Sale| url=https://blockstack.org/blog/blockstack-token-sale |author=Muneeb Ali and Ryan Shea |date=October 26, 2017}}</ref><ref>{{citation |title=Blockstack’s $50M Token Sale| url=https://blockstack.org/blog/blockstack-token-sale-recap |author=Muneeb Ali and Ryan Shea |date=December 5, 2017}}</ref> | ||
==See also== | ==See also== | ||
Revision as of 22:38, 11 June 2018
| Blockstack Logo | |
| ISIN | 🆔 |
|---|---|
| Founded 📆 | 2013[1] |
| Founders 👔 | Muneeb Ali, Ryan Shea[1] |
| Headquarters 🏙️ | , New York, New York |
Area served 🗺️ | |
| Members | |
Number of employees | |
| 🌐 Website | blockstack |
| 📇 Address | |
| 📞 telephone | |
Blockstack is a network for decentralized applications[2]. Blockstack aims to address the centralization at the application-layer of the internet. More specifically, Blockstack builds an alternate DNS and alternate public-key infrastructure. It's the first implementation of a decentralized DNS system on top of the Bitcoin blockchain.[3] It combines DNS functionality with public key infrastructure and is primarily meant to be used by new blockchain applications. Blockstack is being developed by a group of engineers and researchers coming from both industry and academia[4] and is released as open-source. Other systems like Namecoin have implemented decentralized DNS using blockchains earlier by using blockchains other than Bitcoin. Blockstack became operational on the Bitcoin blockchain in September 2015.[5] As of March 2016, Blockstack was the largest non-financial system using the Bitcoin blockchain by transaction volume.[6]
In May 2017, at CoinDesk's "Consensus 2017" blockchain conference in New York, Blockstack released a decentralized browser add-on,[7] described as "a kind of Netscape for the decentralized internet, running apps on a plethora of blockchains".[8] The purpose of this add-on is to allow developers to use Blockstack's tools (decentralized identity, storage, and payments) to "create consumer-facing apps". The add-on works with any browser, including Chrome, Safari, and Firefox.[7]
Corporate backing
Founded in 2013 as Onename, Blockstack Inc. raised $5.45 million venture capital from a number of major players, including Union Square Ventures, AngelList founder Naval Ravikant, and Digital Currency Group.[9][10]
In September 2017, Blockstack Inc. converted itself into a Public Benefit Corporation, switching from Blockstack Inc. to Blockstack PBC.[11]
In December 2017, Blockstack PBC raised $50 million from the sale of a token.[12][13]
See also
References
- ↑ 1.0 1.1 "Blockstack". Crunchbase. Retrieved 28 May 2017.
- ↑ Blockstack: A New Decentralized Internet (PDF)
- ↑ Kyt Dotson (Feb 25, 2016). "Blockstack aims to make DNS more secure by building on top of the Bitcoin blockchain". Silicon Angle.
- ↑ Blockstack: Design and Implementation of a Global Naming System with Blockchain (PDF)
- ↑ Jamie Redman (September 14, 2015). "Onename Drops Namecoin, Switches to Bitcoin". Cointelegraph.
- ↑ Opreturn Stats
- ↑ 7.0 7.1 Shin, Laura (23 May 2017). "Blockstack Unveils A Browser For The Decentralized Web". Forbes. Retrieved 28 May 2017.
- ↑ del Castillo, Michael (23 May 2017). "Blockstack Releases Blockchain-Powered, Tokenized Internet Browser". CoinDesk. Retrieved 28 May 2017.
- ↑ del Castillo, Michael (6 January 2017). "Bitcoin-Powered Internet Advances With $4 Million Blockstack Funding". CoinDesk. Retrieved 28 May 2017.
- ↑ Simonite, Tom (March 5, 2018). "The Decentralized Internet Is Here, With Some Glitches". Wired.
- ↑ Muneeb Ali and Ryan Shea (September 20, 2017), Announcing the Blockstack Public Benefit Corp
- ↑ Muneeb Ali and Ryan Shea (October 26, 2017), Blockstack Token Sale
- ↑ Muneeb Ali and Ryan Shea (December 5, 2017), Blockstack’s $50M Token Sale
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