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314159265359879 committed Aug 24, 2024
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Expand Up @@ -391,7 +391,7 @@ <h2 class="fs-4 fw-bold">SEC Approved</h2>
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<h1 class="display-5 fw-bold">A user owned internet</h1>
<p class="fs-4">A user owned internet, where actors <em>Can't Be Evil</em>, is the general idea of the Stacks network. By enabling inherent privacy and security, users are in control. The (<a href="https://www.ryder.id/" target="_blank"><u>Ryder</u></a>) project on Stacks makes it easy to securely use your private keys and social identity with a hardware device: the first social wallet will be launched through an NFT sale soon. The <em>Blockchain Naming System</em> (<a href="http://bns.btc.us" target="_blank"><u>BNS</u></a>), a system for a <em>self-sovereign identity</em> (SSI) and <em>decentralized identity</em> (<a href="http://did.btc.us" target="_blank"><u>DID</u></a>), gives public keys a human readable equivalent and other important advantages to help achieve the general goal. The Stacks network uses a unique consensus algorithm called <em>Proof of Transfer</em> (<a href="https://community.stacks.org/pox" target="_blank"><u>PoX</u></a>). Miners have to send Bitcoin to those stacking the native Stacks token which is in effect securing the network with <em>Proof of Work (<a href="https://en.wikipedia.org/wiki/Proof_of_work" target="_blank"><u>PoW</u></a>) by proxy</em>. In practice this means that if you <em>stake</em> the native token (<a href="https://messari.io/asset/stacks" target="_blank"><u>STX</u></a>) you get a yield in Bitcoin... and that Bitcoin can then pay for our user owned internet, right?</p>
<p class="fs-4">A user owned internet, where actors <em>Can't Be Evil</em>, is the general idea of the Stacks network. By enabling inherent privacy and security, users are in control. The (<a href="https://www.ryder.id/" target="_blank"><u>Ryder</u></a>) project on Stacks makes it easy to securely use your private keys and social identity with a hardware device: the first social wallet was launched through an NFT sale and web2 crowd funding campaign. The <em>Blockchain Naming System</em> (<a href="http://bns.btc.us" target="_blank"><u>BNS</u></a>), a system for a <em>self-sovereign identity</em> (SSI) and <em>decentralized identity</em> (<a href="http://did.btc.us" target="_blank"><u>DID</u></a>), gives public keys a human readable equivalent and other important advantages to help achieve the general goal. The Stacks network uses a unique consensus algorithm called <em>Proof of Transfer</em> (<a href="https://community.stacks.org/pox" target="_blank"><u>PoX</u></a>). Miners have to send Bitcoin to those stacking the native Stacks token which is in effect securing the network with <em>Proof of Work (<a href="https://en.wikipedia.org/wiki/Proof_of_work" target="_blank"><u>PoW</u></a>) by proxy</em>. In practice this means that if you <em>stake (=Stack)</em> the native token (<a href="https://messari.io/asset/stacks" target="_blank"><u>STX</u></a>) you get a yield in Bitcoin... and that Bitcoin can then pay for our user owned internet, right?</p>
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