Blockstack Core Joins

Announcements, Blockchain, FinTech, News | March 15, 2017 By:

New York-based Blockstack has become the third blockchain company to have a product featured on, joining Monax and Manifold Technology.

Blockstack Core is designed to allow users to set up a bitcoin node without the need to store the entire bitcoin blockchain. Users can update by accessing a remote Blockstack node. All data sent to that node would be regarded as legitimate with the software installed. The product also has a “fastsync” feature to help with node setup, eliminating the wait time when creating a new node.

The company is also working on a dedicated browser that it alleges would provide users with more security and control over data.

The company recently closed a $4 million funding round led by Union Square Ventures and Barry Silbert’s Digital Currency Group.

Cryptocurrency projects that use the Blockstack platform include Tierion, OpenBazaar, and ConsenSys.