Blockstack has announced their decentralization plans

13 Oct, 2018
by Manon Bridou-Koenig
Blockstack has announced their decentralization plans

On their blog, Blockstack, a platform for building decentralized apps on the blockchain, has announced its decentralization plan.

Blockstack has rolled out a plan to develop a number of entities that will collectively form a wider distributed community.

Co-founders Ryan Shea and Muneeb Ali wrote in their blog post that the company wants to ensure that its corporate governance is decentralized, similarly to how its blockchain platform and app network functions.

"We're determined to forge new paths and put in place governance structures that accomplish the goal of a robust and decentralized ecosystem," they wrote. "However, the process to execute this goal will take time."

That being said, they contend they'll all be part of the greater Blockstack ecosystem.

"Our goal with all the above entities is to not have any overlap in control and to ensure that each entity can have its independent management and voice. The upcoming Stacks blockchain connects the entire ecosystem with individuals and entities having a shared interest in the success of the ecosystem."

Blockstack is a new internet for decentralized apps where users own their data. 

Follow Chepicap now on Twitter, Telegram and Facebook!

Add a comment

Check out the latest news

You will be logged out and redirected to the homepage