Blockstack’s virtualchain technology helps accelerate blockchain development

Blockchain technology was a hot topic in 2017, as the ledger system saw exponential innovations added to its mainframe. Blockstack, founded in 2013, has put forth effort to creating a decentralized system for users to consume media content. “We’re living in a time period where the new incumbents like Amazon, Google, and Facebook have firmly established themselves, and are near monopolists in their markets,” venture capitalist Albert Wenger told MIT Technology Review. “If we want a long-term, open playing field for innovation, we’re going to need new, decentralized infrastructure.” This is why Blockstack is designing its decentralized architecture around user control,...

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