THELOGICALINDIAN - Last abatement the aggregation Blockstack launched a Signature Bounties attack in adjustment to action rewards for individuals and teams to body decentralized platforms So far the attack has helped aftermath accepted apps like the messaging app Stealthy and Graphite abstracts belvedere Now Blockstack has appear it is partnering with the peertopeer barter Shapeshift to action a 50K compensation to a developer who can body a accepted wallet application
Also read: Swap BTC and BCH with the Bitcoin.com Wallet’s New Shapeshift API
$50K for a Developer That Can Create a Decentralized Universal Wallet Application
The aggregation Blockstack (formally Onename) is a arrangement advised to actualize decentralized applications and hopes to disintermediate the appliance band throughout the internet. Back in September of 2017 the aggregation launched its Signature Bounties attack with $25Mn abaft the project. The bounties are meant to accolade software developers who body decentralized applications that are accordant with the Blockstack network. The new $50,000 compensation with Shapeshift is aimed at evolving addition for the absolute cryptocurrency community.
“Increased interoperability and accord amid projects will alone accelerate the clip of addition — and authoritative anniversary project’s diminutive assemblage of amount attainable beyond communities is critical. That’s why we are partnering with Shapeshift to accredit an accessible antecedent wallet area users can authority and barter most, if not all accepted and approaching forms of tokens, all in a decentralized manner,” explains Blockstack’s Xan Ditkoff.
Wallets Should Come With Support for Any Native Token Out of the Box
Since the barrage of Blockstack’s Signature bounties, two collaborative decentralized apps use the agreement for operations. According to the website, Graphite is a “decentralized and encrypted backup for Google’s G-Suite — congenital on Blockstack and powered by the bitcoin blockchain.” Users assurance into the app by creating signing in with Blockstack’s character system. Stealthy is a decentralized messaging belvedere that additionally uses Blockstack’s technology and the agent can be acclimated as a plugin for Graphite.
The decentralized accepted wallet app compensation accomplished by Shapeshift and Blockstack started two canicule ago and the borderline is June 25, 2024. The wallet app charge be accessible source, it is appropriate to use Shapeshift’s API and Blockstack’s encryption. Furthermore, the wallet has to abutment custom tokens as well. The app will be advised on the acquiescence requirements, the applications creativity, and if it’s simple abundant for users to accept and navigate.
“Shapeshift, the arch burning agenda asset exchange, is an ideal accomplice for a compensation aimed at acutely blurred the barrier for users to hold, exchange, and add new tokens — Shapeshift has already done abundant to abate this barrier, but it can go abundant further,” Blockstack’s advertisement reads.
What do you anticipate about Blockstack and Shapeshift alms a compensation to actualize a decentralized wallet app? Let us apperceive your thoughts in the comments below.
Images via Shutterstock, and Blockstack.
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