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		<title>Blockstack: Stacks &#8211; The Token for use on the Blockstack Ecosystem has gone &#8220;live&#8221; with a testnet</title>
		<link>https://thestackcafe.com/blockstack-stacks-the-token-for-use-on-the-blockstack-ecosystem-has-gone-live-with-a-testnet/</link>
		
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		<pubDate>Thu, 10 May 2018 17:12:58 +0000</pubDate>
				<category><![CDATA[Blockstack]]></category>
		<category><![CDATA[dApps]]></category>
		<category><![CDATA[Decentralized Internet]]></category>
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		<category><![CDATA[stacks]]></category>
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		<category><![CDATA[testnet]]></category>
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					<description><![CDATA[<p>Welcome to the Stack CafeTM — Blockstack: Stacks &#8211; The Token for use on the Blockstack Ecosystem has gone &#8220;live&#8221; with a testnet.  It appears that Blockstack&#8217;s Jude Nelson delivers once again. Our brief overview/synopsis of the the Blockstack token: Stacks will be used on the Blockstack network to introduce a form of decentralized governance [&#8230;]</p>
<p>The post <a href="https://thestackcafe.com/blockstack-stacks-the-token-for-use-on-the-blockstack-ecosystem-has-gone-live-with-a-testnet/">Blockstack: Stacks &#8211; The Token for use on the Blockstack Ecosystem has gone &#8220;live&#8221; with a testnet</a> appeared first on <a href="https://thestackcafe.com">The Stack Cafe™</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p style="text-align: justify;"><span style="color: #000000;">Welcome to the Stack Cafe<span style="font-size: 10pt;"><sup>TM </sup></span>— Blockstack: Stacks &#8211; The Token for use on the Blockstack Ecosystem has gone &#8220;live&#8221; with a testnet.  It appears that Blockstack&#8217;s <a style="color: #000000;" href="https://thestackcafe.com/blockstack-blockchain-naming-system-bns-it-makes-the-namespace-you-use-on-the-internet-better-update/" target="_blank" rel="noopener">Jude Nelson</a> delivers once again.<br />
</span></p>
<div style="text-align: justify;"><span style="color: #000000;">Our brief overview/synopsis of the the Blockstack token: Stacks will be used on the Blockstack network to introduce a form of decentralized governance and incentive mechanisms for a decentralized application ecosystem.  </span></div>
<div></div>
<div style="text-align: justify;"><span style="color: #000000;">Stacks will hopefully enable several new features/mechanisms/uses:</span></div>
<ul>
<li><span style="color: #000000;">atomic swaps</span></li>
<li><span style="color: #000000;">support for light clients</span></li>
<li><span style="color: #000000;">novel mining mechanism</span></li>
<li><span style="color: #000000;">Application rewards  to application developers</span></li>
<li><span style="color: #000000;">User-rewards</span></li>
<li><span style="color: #000000;">Investors</span></li>
<li><span style="color: #000000;">Protocol developers</span></li>
<li><span style="color: #000000;">other</span></li>
</ul>
<p style="text-align: justify;"><span style="color: #000000;">For a more definitive view/review/explanation of the stacks token, please visit this link <a style="color: #000000;" href="https://blockstack.com/tokenpaper.pdf" target="_blank" rel="noopener">here</a></span></p>
<div class="cooked">
<hr />
<p><span style="color: #000000;"><a style="color: #000000;" href="https://forum.blockstack.org/t/stacks-testnet/5136" target="_blank" rel="noopener"><img fetchpriority="high" decoding="async" class="aligncenter wp-image-1894 size-large" src="https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-Blockstack-Forum-750x590.png" alt="" width="750" height="590" srcset="https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-Blockstack-Forum-750x590.png 750w, https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-Blockstack-Forum-300x236.png 300w, https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-Blockstack-Forum-768x604.png 768w, https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-Blockstack-Forum.png 1239w" sizes="(max-width: 750px) 100vw, 750px" /></a></span></p>
<blockquote><p><span style="color: #000000;">As shown above, it appears that Blockstack has taken a step closer to bringing the stacks token to fruition by the release of the public Stacks test-net.  Blockstack has released the token testnet to let developers and others experiment with using the stacks token on the ecosystem.  </span></p>
<p><span style="color: #000000;">Experimenters on the test-net can:</span></p>
<ul>
<li><span style="color: #000000;">Send and receive Stacks tokens</span></li>
<li><span style="color: #000000;">Buy names and namespaces with Stacks tokens</span></li>
<li><span style="color: #000000;">Register subdomains</span></li>
<li><span style="color: #000000;">Use the Blockstack command-line tool</span></li>
</ul>
<p><span style="color: #000000;">To get started with using the token test-net, please visit this link <a style="color: #000000;" href="https://github.com/jcnelson/cli-blockstack" target="_blank" rel="noopener">here</a> for more information on the the command line interface tool used in any testing done.<br />
</span></p>
<p><span style="color: #000000;">Here is a screenshot of a test-net page<br />
</span></p></blockquote>
<p><span style="color: #000000;"><a href="https://testnet.blockstack.org/" target="_blank" rel="noopener"><img decoding="async" class="aligncenter wp-image-1893 size-large" src="https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-750x576.png" alt="" width="750" height="576" srcset="https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-750x576.png 750w, https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-300x230.png 300w, https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-768x590.png 768w, https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page.png 1237w" sizes="(max-width: 750px) 100vw, 750px" /></a></span></p>
<blockquote><p><span style="color: #000000;">Here is a screenshot of the github page for the cli-blockstack repository and site link is <a style="color: #000000;" href="https://github.com/jcnelson/cli-blockstack" target="_blank" rel="noopener">here</a>.</span></p></blockquote>
<p><a href="https://github.com/jcnelson/cli-blockstack" target="_blank" rel="noopener"><img decoding="async" class="aligncenter wp-image-1896 size-large" src="https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-Github-750x589.png" alt="" width="750" height="589" srcset="https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-Github-750x589.png 750w, https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-Github-300x236.png 300w, https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-Github-768x603.png 768w, https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-Github.png 1234w" sizes="(max-width: 750px) 100vw, 750px" /></a></p>
<blockquote><p><span style="color: #000000;">And, for the rest of us, we are fortunate that one of the community members pulled together an instructional video to help others get started with the test-net.</span></p>
<p><span style="color: #000000;">The screenshot of the video is shown below and the link for the video can be found <a style="color: #000000;" href="https://www.youtube.com/watch?v=hDuYWeDmm8o" target="_blank" rel="noopener">here</a>.</span></p></blockquote>
<p><span style="color: #000000;"><a style="color: #000000;" href="https://www.youtube.com/watch?v=hDuYWeDmm8o/bit.ly/2rzogh3" target="_blank" rel="noopener"><img loading="lazy" decoding="async" class="aligncenter wp-image-1895 size-large" src="https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-Blockstack-Instructional-Video-750x516.png" alt="" width="750" height="516" srcset="https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-Blockstack-Instructional-Video-750x516.png 750w, https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-Blockstack-Instructional-Video-300x207.png 300w, https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-Blockstack-Instructional-Video-768x529.png 768w, https://thestackcafe.com/wp-content/uploads/2018/05/Stacks-Testnet-Page-Blockstack-Instructional-Video.png 1239w" sizes="auto, (max-width: 750px) 100vw, 750px" /></a></span></p>
</div>
<p><span style="color: #000000;">A step forward for Blockstack and the ecosystem in general.  Go check it out and let Blockstack know if you run into any issues <a style="color: #000000;" href="https://forum.blockstack.org/t/stacks-testnet/5136" target="_blank" rel="noopener">here</a> or <a style="color: #000000;" href="https://github.com/jcnelson/cli-blockstack" target="_blank" rel="noopener">here</a>.</span></p>
<hr />
<p><span style="color: #000000;">Other helpful links for more information on Blockstack include:</span></p>
<p><span style="color: #000000;"><span style="text-decoration: underline;"><a style="color: #000000; text-decoration: underline;" href="https://blockstack.org" rel="noopener">Blockstack</a></span> – the new decentralized application platform and ecosystem for the decentralized/re-decentralized internet (dApp, dApps, blockchain, bitcoin, distributed and Web 3.0)</span></p>
<p><span style="text-decoration: underline; color: #000000;"><a style="color: #000000; text-decoration: underline;" href="https://forum.blockstack.org" rel="noopener">Blockstack’s Forum</a></span></p>
<ul>
<li><span style="color: #000000;"><a style="color: #000000;" href="https://forum.blockstack.org/t/evangelist-toolkit/4969" target="_blank" rel="noopener">Evangelists Toolkit</a></span></li>
</ul>
<p><span style="color: #000000;"><a style="color: #000000;" href="http://twitter.com/blockstack" rel="noopener"><span style="text-decoration: underline;">@Blockstack</span></a></span></p>
<p><span style="color: #000000;"><a style="color: #000000;" href="https://www.meetup.com/topics/blockstack/" target="_blank" rel="noopener">Blockstack Meetups</a></span></p>
<p><span style="color: #000000;"><a style="color: #000000;" href="https://community.blockstack.org/" target="_blank" rel="noopener">Blockstack Community, Evangelist and &#8230;</a></span></p>
<hr />
<blockquote><p><span style="color: #000000;">Note: If you do not have the Blockstack browser, please see this <a style="color: #000000;" href="https://thestackcafe.com/blockstack-getting-started/" target="_blank" rel="noopener">link</a> (note &#8211; to enable the full functionality of any dApp (decentralized application) built for the Blockstack ecosystem (e.g., decentralized, building a new internet, a decentralized internet, distributed, blockchain, re-decentralizing the internet, bitcoin) you need to use the Blockstack browser).</span></p></blockquote>
<hr />
<hr />
<p><span style="color: #000000;">Please help us put out the word on Web<sup>3.0</sup> &#8211; the new internet, a decentralized internet &#8211; by posting a comment below and signing up for e-mail notifications for future updates (right side-bar). Let’s help build the new internet | The Decentralized Way<sup>TM</sup>. A decentralized internet | The Way The Future<sup>TM</sup>.</span></p>
<p><span style="color: #000000;">We hope that you find this information helpful. Thanks again for visiting The Stack Cafe<sup>TM</sup> and we look forward to hearing from you.</span></p>
<p>The post <a href="https://thestackcafe.com/blockstack-stacks-the-token-for-use-on-the-blockstack-ecosystem-has-gone-live-with-a-testnet/">Blockstack: Stacks &#8211; The Token for use on the Blockstack Ecosystem has gone &#8220;live&#8221; with a testnet</a> appeared first on <a href="https://thestackcafe.com">The Stack Cafe™</a>.</p>
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