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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.
The Securities and Exchange Commission (SEC) has qualified the offering statement that we have filed with the SEC under Regulation A for our offering of certain of our Stacks Tokens. The information in that offering statement is more complete than the information we are providing now, and could differ in important ways. You must read the documents filed with the SEC before investing. The offering is being made only by means of its offering statement. This document shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
An indication of interest involves no obligation or commitment of any kind. Any person interested in investing in any offering of Stacks Tokens should review our disclosures and the publicly filed offering statement and the final offering circular that is part of that offering statement here. Blockstack is not registered, licensed or supervised as a broker dealer or investment adviser by the 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. Forward-looking statements in this document include, but are not limited to, statements about our plans for developing the platform and future utility for the Stacks Token, our Clarity smart contracting language, and potential mining operations. These statements involve risks, uncertainties, assumptions and other factors that may cause actual results or performance to be materially different. More information on the factors, risks and uncertainties that could cause or contribute to such differences is included in our filings with the SEC, including in the “Risk Factors” and “Management’s Discussion & Analysis” sections of our offering statement on Form 1-A. 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.