Blockstack
| 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 is 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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