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Blockstack is building a user owned internet. We believe in a future where the ownership rights you enjoy in the physical world extend to the digital world—an internet where everyone can participate in value creation.
The Stacks 2.0 blockchain is our master design (launching Q2 2020), and the foundation of a new digital ecosystem that allows all of us to participate as owners.
Subscribe to stay in the loop on the Proof of Transfer (PoX) and STX Mining.
If adopted, expected Summer 2020
We’re proposing the use of PoX in the new Stacks 2.0 blockchain. PoX harnesses the power of Bitcoin and enables everyone to access the properties that make it so secure. Bitcoin is the ultimate trust machine, and king of proof-of-work.
PoX allows the Stacks 2.0 Blockchain to (1) reap the security benefits of Bitcoin, (2) possibly reward Stacks (STX) holders for contributing to the network, (3) offer secure, predictable Clarity Smart Contracts and more expressive features without modifying Bitcoin’s core protocol, and (4) allows any project to spin up their own blockchain that has the security properties of Bitcoin.
STX are consumed when apps interact with Clarity smart contracts and users register blockchain-based names across hundreds of Blockstack apps. These apps provide user owned identity, data, and digital money giving users freedom, safety, and power. Learn more about using Clarity and STX in your app.
Proof of Transfer (PoX) is a proposed novel consensus algorithm that is designed for long term security and benefits the STX holding community.
Blockstack apps include business and social applications that are live and gaining traction.
Blockstack is in production with developer tools to complement the blockchain. View on GitHub.
Blockstack has been researched, built, and tested by leaders in the field including PhD’s from NYU, MIT, and Princeton.
Our developer tools are open-source and Blockstack PBC is a Public Benefit Corporation purpose built to pursue user ownership of the internet.
Blockstack PBC is not registered, licensed, or supervised as a broker dealer or investment adviser by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), or any other financial regulatory authority or licensed to provide any financial advice or services.
This communication contains forward-looking statements that are based on our beliefs and assumptions and on information currently available to us. In some cases, you can identify forward-looking statements by the following words: “will,” “expect,” “would,” “intend,” “believe,” or other comparable terminology. These statements involve risks, uncertainties, assumptions, and other factors that may cause actual results or performance to be materially different. We cannot assure you that the forward-looking statements will prove to be accurate. These forward-looking statements speak only as of the date hereof. We disclaim any obligation to update these forward-looking statements.