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Comment by muneeb | Hacker News Reader

Muneeb Ali, Blockstack co-founder here. I'm a technical consultant to the Silicon Valley show (season 5) along with my co-founder Ryan. So yes there is a link to the show but the project is not based on the show :-)

Blockstack was in the R&D phase until early 2017 (building the core tech & infrastructure), we launched our browser last summer and now have decentralized apps built on the platform that are live. These apps can scale to millions of users today. We're excited about enabling developers to build new apps like decentralized social networks.

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Quick question, do you really think $100k is enough money to build a social network? If so, how much time and people is needed for such task?

P.S. I'm convinced it's not enough money. It will take over a year just to have something working and usable and it will take more than 5 people to do that.

Typically yes. You'll need to build a lot of the components of a social network.

With Blockstack most of the heavy-lifting is done for you by the underlying platform (identity, auth, storage -- all three decentralized).

We've seen people build functioning chat apps and alternative to Google docs within few months. See stealthy.im and graphitedocs.com

I built Mastodon alone for a year for like $600/mo until it got popular. Now I'm getting more ($3k/mo from Patreon) but I don't think I'm even anywhere close to hitting $100k. So it's possible :P

Wow, that's cool. I sincerely wish you the best of luck. I've long thought that a distributed, decentralized Internet (more the backbone and last mile replacement) could be a powerful and game changing thing.

Hi muneeb, cool to see you here. I like the idea of virtual blockchain machines from blockstack. How difficult it is to port projects being built on eth or Ark for example, to blockstack?

Quick question - what are the terms of the $100k funding? (grant, SAFE, equity, loan, etc ?)

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