BlockcStack CEO Shares Why One Does Not Need a Blockchain to Run Every dApp

Muneeb Ali, the CEO of Blockstack has criticized most of the decentralized applications (Dapps) in the present industry during a panel appearance on Monday at Consensus 2019. Ali’s criticism was mostly concentrated towards the way current Dapp market has been organized, and the overall architecture of the Dapps.

Ali believes that the present day decentralized applications are too much dependent on the blockchain and the developers put too much reliance on the blockchain. Ali isn’t against the blockchain technology or its use for the Dapps, but he believes that the current level reliance is unnecessary as Dapps does not even need blockchain to be built in the first place. He explained why overdoing is wrong in any case even if it is blockchain,

“The Googles and Facebooks of the world are sitting on large amounts of data. Their business is to know more and more about you. With decentralized computing, you have more control. There’s no big company in the middle,”

Ali is all in for the blockchain technology, in fact, he is building an application based on blockchain himself, however, he thinks the current industry is just over-flooded with blockchain tech, with every other company wanting to implement blockchain in one way or other, even if they do not need it. He said,

“If you look at our industry right now, we’ve been trying to implement [decentralized apps] in a kind of odd way.”

Blockchain and World Computer

Ali explained that the idea or concept of world computer was quite novel and has been floating around in the industry for years, but it has never seen the light of the day on paper also. Ali explained that the idea of the World computer is a fluke because people behind that idea thinks to put every data on the blockchain will create a world computer

“If you take these concepts to Web3, they completely break down. Global state is absolutely not something we can put on a blockchain, where every new user is slowing everyone else down,”

Ali explained

This is the reason his company Blockstack even though working on the blockchain is looking for a new technology to store their data. The new technology has been researched and developed in-house where Ali’s thesis and research also played a very big part, and it is called

“Gaia storage”

Ali while talking about this new technology for storing data said that the technology is fundamentally different than a blockchain and nowhere near any other storage technology that we have seen. He said,

“This is radically, radically different than anything you’ve seen in the crypto space,”

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