Blockstack Looks to Boost Decentralized App Usage Through New App Mining Program

Blockstack Looks to Boost Decentralized App Usage Through New App Mining Program
As a company looking to give users full control over their digital rights, Blockstack is piloting a new app mining program that encourages designers to create new applications directly on Blockstack’s platform and earn rewards in bitcoin. The goal is to expand the decentralized app ecosystem while financing developers who build the most popular applications.Patrick Stanley is the head of product growth at Blockstack. Speaking with Bitcoin Magazine, he says that app mining is a system where developers are rewarded by Blockstack and other participating companies for creating platforms that community members actually want. The stronger and more popular an app is, the more money the developer will earn. “Right now, app mining is an experiment,” Stanley mentions. “App developers bring value and resources to the community. We’re looking to coordinate early on and test out the concepts early. If everything works well, we’d like to transition things to the PAX blockchain.” PAX is short for Paxos Standard, one of several new popular stablecoins. Once an app is created, it is examined by one of Blockstack’s primary app reviewers: Product Hunt or Democracy Earth. Both platforms seek out newly registered applications and place them on Blockstack. They then collect information on the surveyed apps regarding their usability and personnel and rank them depending on their own unique standards. “The idea is to eventuall... For Further Information Click on Below Button
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