I'm interested in the idea but can't say I'm very much into Blockstack after looking into it. The fact that they're tied heavily in the blockchain and pay large sums to apps in the name of "app mining" is.. concerning. Even after a fair bit of research, the origin of the money is extremely unclear.
Muneeb from Blockstack here. The Stacks blockchain is needed to anchor user identities in a system that is not controlled by any single company. The App Mining rewards are incentives for developers to improve their app quality. I'd recommend this research paper to dig deeper in to the game theory behind App Mining: https://blog.blockstack.org/app-mining-game-theory-algorithm... The source of money is newly minted tok…
Edit: And here's a question maybe you can answer for me directly: If the user data is stored in a location of my choice, and the code runs on the client, what's the point of an app being powered by Blockstack rather than just being a local offline app that saves data to iCloud/Dropbox/whatever?
Thanks!