- Blockstack was founded by Ryan Shea and Muneeb Ali in 2013
- The project raised ~$60M in funding to create a “New Internet for Decentralized Applications”
- Blockstack leverages a host of unique technological features to bootstrap and grow its network
A historical overview of Blockstack, Onename and Namecoin
Blockstack was founded by Ryan Shea and Muneeb Ali in 2013 while the pair were students at Princeton University. It was there they conceived a decentralized identity system to replace how certain centralized parts of the Internet work. They called it Onename, a nod to their belief that future users would use a single name (or identity) to access the applications and services built on their system.