At the beginning of January, we celebrated the 10th anniversary of Bitcoin’s creation. The last decade has been one to remember. In more ways than one!

On the one hand, we have seen rapid technological advances around — and growing public awareness of — blockchains.

On the other, we have observed a huge amount of ICOs that either did not deliver on what they promised or never delivered anything at all.

That reminds us that BUIDL is just as important as HODL!

We should evaluate crypto projects based on how well they are actually solving real-world problems. Not just on how high a polished white paper and a fancy website can pump up a cryptocurrency’s price.

BlockStamp is one crypto project that passes this “BUIDL test” with flying colors.

Instead of empty promises, the team has made a fully functional open-source platform that supports a growing ecosystem of user-friendly software applications.

A basic BlockStamp application is based on the possibility of transparently sealing up to 1 MB of data into a block on the blockchain. That’s enough room to accommodate both small hash values to serve as timestamps as well as larger files themselves.

Any attempts to manipulate data that has been timestamped or stored this way will be obvious in the future. The BlockStamp blockchain therefore acts as a digital bookkeeper or notary who can prove that certain data existed at a specific time.

Considering the importance of data security in the modern digital world, BlockStamp offers tremendous practical value across multiple economic sectors!

BlockStamp timestamping and document storage can, for example, help protect copyrights, patents, or property rights.

And not just for businesses — important personal transactions like repairing your car or selling your house can be safer, faster, and easier with BlockStamp!

Practical use cases like these are promising and deserve more attention than the speculative investment opportunities that have captured the imagination of many cryptomaniacs.

But bringing such use cases into the real world and fully delivering on the promise of distributed ledgers requires user-friendly tools and interfaces that are accessible to everyone. And that is where the BlockStamp team is currently focused.

For more background information on transparently sealing data with BlockStamp, check out this short explainer video.

The project’s other successes so far include:

The launch of BlockStamp Games , an online casino platform that runs entirely on the BlockStamp blockchain with total fairness and transparency. Unlike virtually every other platform in the space, it has no house edge whatsoever.

, an online casino platform that runs entirely on the BlockStamp blockchain with total fairness and transparency. Unlike virtually every other platform in the space, it has no house edge whatsoever. Having the BST — the BlockStamp’s native crypto coin — chosen as the exclusive way to pay members of hprox, a peer-to-peer online privacy network. Here, BST can be used to buy and sell the internet’s most powerful and affordable residential proxy service. Watch for the BST to gain popularity and value thanks to this real-world use case as well.

Get Your Share of 1,000,000 BST worth $450,000 in Our Community Giveaway Campaign!

In most crypto giveaway campaigns, participants get tokens that have potential future value.

But at BlockStamp, we want to run ours a little differently!

So with us, you can earn a cryptocurrency that has existing value. You can check this value for yourself on several exchanges where the BST is currently listed.

These rewards are real. And they can be yours — fair and square — when you participate!

5 Reasons to Take Part in the BlockStamp Community Giveaway Campaign:

1,000,000 BST worth $450,000 to be given away A crypto coin already listed on exchanges Simple tasks to earn real rewards Use your rewards to gamble on BlockStamp Games or to buy hprox proxy services Have a real influence on one of today’s most exciting crypto projects

Find all details and register on the bounty page.

The BST crypto coin is listed on two exchanges. You can also track it on Coinpaprika.

The BlockStamp team is actively engaged in listing the BST on more exchanges so as to create a market for it in fiat currencies like the USD and EUR.

Why is BlockStamp giving away crypto?

Since the beginning of the project, BlockStamp has been focused on creating useful technologies. To do so, feedback from users and the community is essential.

That is why we aim to build the community and gather opinions that positively influence the project as we simultaneously develop the platform’s applications. This way, they will deliver the maximum practical value for their users.

PS: The password to participate in the Community Giveaway is: timestamping.

About BlockStamp:

BlockStamp is a multipurpose Bitcoin blockchain fork developed to promote liberty, transparency, and sovereignty in areas of the digital economy where these fundamental values are most at risk. BlockStamp hosts a radically fair gambling platform, a digital tool for transparently sealing data, a censorship-proof internet Domain Naming System, and the BST crypto coin.