Published
3 years ago on
September 03, 2020
- Pieter Wuille, a developer on bitcoin core recently moved from Blockstream to Chaincode Labs despite being with Blockstream from the very start.
- This move comes as Blockstream works on exciting new signature product for bitcoin
Pieter Wuille, a developer on bitcoin core recently moved from Blockstream to Chaincode Labs despite being with Blockstream from the very start. He even co-founded the company in 2014 and when questioned about his departure from the firm, the chief executive officer, Adam Back said:
“Pieter’s doing what he always has — working on Bitcoin — and he’s still a Blockstream advisor and continues to collaborate with our research team Andrew Poelstra, Jonas Nick and Tim Ruffing on muSig along with independent researchers and contributors. So I think that means Blockstream contributors on MuSig research roughly going from 4/5th to 3/5th of the people actively working on muSig cryptor.”
One of the biggest projects that Blockstream has been working on over the past few years is MuSig. This is a new multi signature standard for bitcoin that, according to research director at Blockstream, Andrew Poelstra, this new standard will provide significantly more efficiency and security for the future. Furthermore, it is also compatible with other technologies that are expected to be introduced in the future.
Speaking to Cointelegraph, Poelstra said the following:
"We’re happy to congratulate Pieter on joining Chaincode to expand Bitcoin research collaboration, he will continue to collaborate on several Blockstream Research projects, including Miniscript, Simplicity and MuSig. In the coming weeks and months we’ll be excited to share some results from these projects —in particular around MuSig — and look forward to continuing this in the years ahead."
It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!
