I am Muneeb Ali. Ask me anything.

Muneeb Ali is the Co-founder of Blockstack, a new internet for decentralized apps. Muneeb received his PhD in Computer Science from Princeton University specializing in distributed systems.

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  • Developing apps with Blockstack
  • The Future of Bitcoin
  • Cryptocurrencies, in general
  • Blockchain ID
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Hey , I have two question or can say concerns . Though the question is small But I just wrote big to share much

  1. is Dapps really worth ? . I think it is good to computer science but the real consumer wont use it , cause as a user of any social media platform , I cant really spend money to just like or comment on a single post or photo. Just like that I cant do transaction and click on confirm button on any plugin to complete the transaction then comment on the photo. Cant there be any other solutation to this ? I dont know why its still not becoming huge player in market though its there in the community for several years.
  2. Many production dapps are using the Rinkeby/kovan/ropsten Test Network , And they are giving test ethers instead of forcing the user to buy ether. So My question is will it let them grow ? Cause if I am getting all the functionalities of the dapp even in the test network without spending a single buck why would I go to that expensive ether.! Thank You
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Thanks for the respond. :)

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What consensys mechanism does the stacks blockchain use? (Ex. Proof of Stake or Work or somewhere in between)

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The Stacks blockchain is a separate blockchain. We use Bitcoin for some functionality (for example, miners will need to interact with Bitcoin for burning tokens to participate in our mining algorithm) but over time this might change, see our roadmap for details: https://blockstack.org/roadmap/

One way to think about this is that we're bootstrapping our blockchain by re-using Bitcoin's hash power and may start relying less on it as more miners participate directly on the Stacks blockchain.

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Hi Muneeb. Thanks for AMA. Today, There are lots of cryptocurrencies available. How would someone trust on cryptocurrencies? What is the future of cryptocurrencies? What are your thoughts on the same?

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Thank you Muneeb for the answer :)

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If the Bitcoin Protocol were to fail in 50 years, what would the top three potential reasons? Social? Technical?

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What programing models are most similar to Bitcoin? TCP/IP? BitTorrent?

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