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!!! Overview [1]
[{$pagename}] solves the bootstrapping of [trust] problem by leveraging the most [secure|Security] [public|Public Domain] [blockchain] (currently [Bitcoin]).
[{$pagename}] binds (human-readable) [domains] to [Public Keys] to establish ownership of [domains]. These domains have associated [data] records as well. These small bindings are stored on the [blockchain] and are tamper resistant. The actual payload from the data records is stored outside of the [blockchain] because blockchains have limited [data] space and are not meant to be used as general-purpose [databases].
[Blockchains] don’t have central points of [trust] or control, and [{$pagename}] nodes can use the [{$pagename}] [blockchain] to boot up and connect to the new decentralized [internet] without relying on any remote servers.
[{$pagename}]’s [blockchain] is built using a technology that we introduced earlier, called virtualchains. Virtualchains are to [blockchains] what virtual-machines are to physical computers. By using virtualchains for implementing a [blockchain], [{$pagename}] can survive the failures of underlying blockchains. Blockchains will come and go, but the apps built on top need to outlast the underlying blockchains.
[{$pagename}] is the first implementation of a decentralized [Domain Name System] on top of the [Bitcoin] [blockchain] [2]
[{$pagename}] combines [Domain Name System] functionality with [Public Key Infrastructure] and is primarily meant to be used by new [blockchain] [applications]. [2]
[{$pagename}] is being developed by a group of engineers and researchers coming from both industry and academia and is released as [Open Source]. Other systems like Namecoin have implemented decentralized DNS using blockchains earlier by using blockchains other than Bitcoin. [{$pagename}] became operational on the [Bitcoin] [blockchain] in September [2015|Year 2005]. As of March [2016|Year 2016], Blockstack was the largest non-financial system using the [Bitcoin] [blockchain] by transaction volume. [2]
!! Own Your [Data]
With [{$pagename}] [Applications] you truly own your [data]. It’s kept on your device and [encrypted] before backed up in the [cloud computing]. This removes the need for blind [trust] in [third-parties|Third-party] and makes it easier to keep your [data] safe.
!! Own Your [Applications]
[{$pagename}] [Applications] put you in control of your software. [Applications] are loaded via a secure [domain Name System] and live on your devices. Independence from [third-parties|Third-party] makes you more safe.
!! Own Your [Digital Identity]
With [{$pagename}] [Applications] you own your [Digital Identity]. Your digital keys are seamlessly generated and kept on your [device]. This lets you move freely between apps and control your online experience.
!! More Information
There might be more information for this subject on one of the following:
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* [#1] - [Blockstack Whitepaper: A New Decentralized Internet|https://blockstack.org/blog/blockstack-whitepaper-part-1|target='_blank'] - based on information obtained 2017-08-05-
* [#2] - [Blockstack|Wikipedia:Blockstack|target='_blank'] - based on information obtained 2017-08-05-
This page (revision-1) was last changed on 29-Nov-2024 16:16 by UnknownAuthorTop