A New Internet for Decentralized Apps
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1 A New Internet for Decentralized Apps ETC Summit Hong Kong Larry Salibra A new internet for decentralized apps
2 About Me 1. Core Developer, Blockstack: Blockstack Explorer (AngularJS) Blockstack Browser (React/Redux/ES6) blockstack.js (ES6) Blockstack for macos (Swift) 2. Serial entrepreneur in South China: Mobile securities trading Crowdsourced software testing Remote language learning 3. Founding member, Bitcoin Association of Hong Kong A new internet for decentralized apps
3 Agenda 1. Problems with the internet 2. What is Blockstack? 3. How to build an Ethereum wallet in 3 lines of code A new internet for decentralized apps
4 What are the internet s biggest problems? A new internet for decentralized apps
5 The internet didn t turn out as we hoped 1. Honeypots and third party hacks 2. Tracking, data harvesting, and invasive ads 3. Cracked passwords and account compromises 4. Platform lock in for users and developers 5. Restrictions on platform data access 6. Power and profits go to the few A new internet for decentralized apps
6
7 A new internet for decentralized apps The problem?
8 The problem? Centralization! A new internet for decentralized apps
9 Imagine 1. No data silos 2. No middlemen 3. No ads 4. No tracking 5. No passwords 6. No lock in A new internet for decentralized apps
10 A new internet for decentralized apps We can do better
11 We can do better with decentralization A new internet for decentralized apps
12 A new internet for decentralized apps How to decentralize?
13 How to decentralize? Move apps & data to the edge of the network A new internet for decentralized apps
14 How to decentralize? Move apps & data to the edge of the network Get rid of servers A new internet for decentralized apps
15 A new internet for decentralized apps What is Blockstack?
16 What is Blockstack? Blockstack is a new internet for decentralized apps where you own your data and apps run locally without remote servers. A new internet for decentralized apps
17
18 Blockstack handles the complexity { Authentication Identity Naming App App App Storage Blockchain A new internet for decentralized apps
19
20 Blockstack makes building decentralized apps easy Without Blockstack Servers Databases Identity management to build Payment systems to build No encryption No data integrity With Blockstack Serverless Personal storage APIs Identity built-in Payments built-in Encryption built-in Signatures built-in A new internet for decentralized apps
21 Decentralized, serverless apps A decentralized payment network A decentralized directory for names, public keys, and pointers to storage locations Open protocols for identity and authentication A new internet for decentralized apps
22 1. Single Page JavaScript Applications Decentralized, serverless apps 2. Bitcoin, Ethereum or Stacks A decentralized payment network 3. Blockstack Core A decentralized directory for names, public keys, and pointers to storage locations 4. Blockstack ID Open protocols for identity and authentication A new internet for decentralized apps
23 Make an Ethereum wallet Blockstack app in only 3 lines of code! A new internet for decentralized apps
24 A new internet for decentralized apps What is an Ethereum wallet?
25 What is an Ethereum wallet? Public/Private key pair A new internet for decentralized apps
26 What is an Ethereum wallet? Public/Private key pair Address (hash of public key) A new internet for decentralized apps
27 A new internet for decentralized apps What is an Ethereum wallet?
28 What is an Ethereum wallet? Public/Private key pair A new internet for decentralized apps
29 What is an Ethereum wallet? Public/Private key pair Address (hash of public key) A new internet for decentralized apps
30 Crypto Wallet Challenges 1. On-boarding the user 2. Securely storing the private key 3. Backing up wallets A new internet for decentralized apps
31 A new internet for decentralized apps MyEtherWallet
32 A new internet for decentralized apps
33 A new internet for decentralized apps
34 A new internet for decentralized apps
35 A new internet for decentralized apps
36 A new internet for decentralized apps
37 A new internet for decentralized apps
38 A new internet for decentralized apps
39 A new internet for decentralized apps How would this look on Blockstack?
40 A new internet for decentralized apps
41 A new internet for decentralized apps
42 A new internet for decentralized apps
43 Blockstack is a better experience for users A new internet for decentralized apps
44 Look Ma! Only 3 lines of code!
45 Blockstack is easier for developers
46 Wallet next steps Fork the code: Add support for multiple wallets per user Deterministically derive wallets from app private key Randomly generate each wallet & store encrypted private key in Gaia storage Add support for sending ether
47 Resources Learn: Read: Try:
48 Blog: Thank you Docs blockstack.org Chat chat.blockstack.org Forum forum.blockstack.org Meetup meetup.com/topics/blockstack GitHub github.com/blockstack A new internet for decentralized apps
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