Blockstack aims to build a new decentralized internet where users own their data and apps run locally. A browser portal would be all that is needed to get started.
What Is Blockstack?
Blockstack is a decentralized computing network and ecosystem for decentralized applications (dApps). The project recently made headlines as the first token sale in U.S. history to receive clearance from the Securities and Exchange Commission (SEC). The team has been together since 2013, however.
The Blockstack team’s overarching goal is to give users control of their data and identity. They’re accomplishing that goal by providing a suite of developer tools and protocols intended to lower the start-up barriers of dApp development.
How do I buy cryptocurrency?
While some cryptocurrencies, including bitcoin, are available for purchase with U.S. dollars, others require that you pay with bitcoin or another cryptocurrency.
To buy cryptocurrencies, you’ll need a “wallet,” an online app that can hold your currency. Generally, you create an account on an exchange, and then you can transfer real money to buy cryptocurrencies such as bitcoin or ethereum.
Coinbase is one popular cryptocurrency trading exchange where you can create both a wallet and buy and sell bitcoin and other cryptocurrencies.