Share this article
BTC
$83,488.43
-
0.22%ETH
$1,809.41
+
0.06%USDT
$0.9998
+
0.01%XRP
$2.1375
+
0.76%BNB
$590.86
-
0.80%SOL
$119.80
-
0.69%USDC
$1.0002
+
0.03%DOGE
$0.1675
-
0.99%ADA
$0.6469
-
1.44%TRX
$0.2363
-
0.29%LEO
$9.1570
-
0.37%LINK
$12.76
-
0.53%TON
$3.2419
-
2.23%XLM
$0.2526
-
1.90%AVAX
$17.42
-
3.62%SHIB
$0.0₄1226
-
0.21%SUI
$2.1758
-
2.63%HBAR
$0.1604
-
1.42%LTC
$82.34
-
2.29%OM
$6.2325
-
0.50%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
Muneeb Ali Explains Blockstack's Big Bet on Bitcoin
Blockstack is integrating the security and the incentive of bitcoin to its ecosystem. CEO Muneeb Ali explains the changes.
Blockstack is integrating the security and the incentives of bitcoin to its ecosystem. CEO Muneeb Ali explains the changes.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
For early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.
Last week, Blockstack announced a new proposal through which node operators would be rewarded in bitcoin. The concept behind Proof of Transfer is that, for the cryptoasset ecosystem to run, electricity should only have to be converted into digital scarcity once.
In this interview with @nlw, Blockstack CEO Muneeb Ali explains how, by tying the security of Blockstack’s Stacks blockchain to bitcoin and allowing miners to be rewarded with BTC, Blockstack might be setting a precedent for how the crypto ecosystem looks to bitcoin as a base layer.
Find past episodes of The Breakdown on CoinDesk. For early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.
Nathaniel Whittemore
NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.
