Blockstack raises $52 million

Blockstack is another vision for powering decentralized applications that proposes an operating-system like software layer that sits on top of one or multiple blockchains. This way, Blockstack contends, developers can develop once for the Blockstack platform and never have to worry about what's happening underneath the hood to power the decentralized side of things. Kind of like a car chassis that can swap out powertrains. Given the nascent stage of blockchain application development, it's good to see novel approaches being funded and built. 


Want to receive more content like this in your inbox?