Share this article

Blockstack CEO Muneeb Ali: 'You Don’t Need a Blockchain' for All Dapps

Apps across the space are putting too much reliance (and data) on blockchains, argued Blockstack CEO Muneeb Ali at Consensus 2019.

Updated Sep 13, 2021, 9:11 a.m. Published May 14, 2019, 8:00 a.m.
Muneeb Ali

Blockstack CEO Muneeb Ali criticized "most" decentralized apps in the industry during a panel appearance Monday, drawing issue with how they are typically organized today.

At CoinDesk's Consensus 2019 conference, he took aim at the "architecture" most decentralized apps use these days, arguing that apps across the space are putting too much reliance (and data) on blockchains.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

That's not to say that blockchains don't have an important role to play in building "decentralized apps," or forward-looking apps that users don't have to trust with their data. But Ali, who's company is working on a decentralized app platform that recently announced plans to register their upcoming token sale with the U.S. SEC, argued that people are using the blockchain layer "too much."

"You don’t even need blockchains to build decentralized apps at all," he argued.

That's not to say Ali doesn't agree with the idea of decentralizing apps. Indeed, the company is built around the idea that this approach represents the future of computing.

"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 said.

He even admits that blockchains do indeed have an important role to play for some apps.

But, he thinks people have been using blockchains more than are necessary: "If you look at our industry right now, we’ve been trying to implement [decentralized apps] in a kind of odd way."

The 'world computer'

Ali pointed to the idea of a "world computer," an influential concept that's floated around the industry for years. The concept is perhaps most tightly associated with the third largest cryptocurrency by market cap, ethereum, though Ali stressed more than once that he is not referencing any one project in particular.

He thinks that the idea of a world computer is a fluke, because people of that methodology focus on putting all global state on the blockchain.

"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 asserted.

In that vein, Ali noted that his decentralized app platform Blockstack has been working on its own storage technology, "Gaia storage," which is heavily informed by Ali's research as a computer scientist in that area.

"This is radically, radically different than anything you’ve seen in the crypto space," Ali said.

Muneeb Ali photo via CoinDesk

More For You

KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

16:9 Image

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

More For You

Fed rates decision, Tesla earnings, Bybit roadmap: Crypto Week Ahead

Bybit CEO Ben Zhou (Danny Nelson/ CoinDesk)

Your look at what's coming in the week starting Jan. 26.

What to know:

You are reading Crypto Week Ahead: a comprehensive list of what's coming up in the world of cryptocurrencies and blockchain in the coming days, as well as the major macroeconomic events that will influence digital asset markets. For an updated daily email reminder of what's expected, click here to sign up for Crypto Daybook Americas. You won't want to start your day without it.