Review on Blockstack by Joseph Bello
The project developers are working on a project that hold much value to several blockchain users and investors
Blockstack is an open source decentralized blockchain project that deals with security and data control on the internet ,it also deals with the creation of Dapps and execution of programmable codes otherwise known as smart contracts execution using Bitcoin's blockchain. Blockstack has built a system protocol where all internet activities are carried out locally on a users browser without having to disclose the data and information to any external intermediaries in order to keep their data safe. It ensure that any information going out and coming into a user account are encrypted to keep the users absolutely in control of their personal data. The most commendable aspect of the project is how it has built the Bitcoin blockchain to an extent that Dapps can also be developed on just the same way it is on the Ethereum blockchain. Stacking of STX token is another common practice by users of the platform as they earned BTC as a reward for adding to the security consensus of the blockchain data. The developers of these huge project have came up with a really good and excellent idea and they deserve an accolade for that.
Pros
- It ensure that all users data are encrypted and safe
- Users can stack their STX token to foster the data security and earn rewards
- Dapps can be built and run on Bitcoin's blockchain with the help of Blockstack
Cons
- None
