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by jude-
2505 days ago
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Blockstack engineer here. Regarding financials, I invite you to read our SEC offering circular for details on the source of the money: https://www.sec.gov/Archives/edgar/data/1719379/000110465919... > None of these apps need a blockchain. None of these apps gain any benefit from a blockchain. The blockchain serves as a "shared source of truth" for everyone's name/public-key/storage-URL bindings. So as long as you trust that the blockchain doesn't get re-orged, you may assume that your Blockstack node will independently calculate the same such bindings as everyone else's node.
All other application activity (rightfully) happens off-chain, via commodity Web infrastructure. EDIT: typo |
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