2 years ago
Blockstream Chief Strategy Officer Samson Mow said he’s departing the blockchain exertion institution aft astir a five-year run.
In a bid of tweets connected Tuesday, Mow praised Blockstream’s bitcoin infrastructure improvement on with furniture 2 scaling technologies. With the institution “in a precise bully place” aft a caller backing round, helium said, present is the close clip to exit.
Mow and Blockstream person been cardinal figures successful designing El Salvador’s bitcoin-backed bonds (so-called Volcano Bonds), which are acceptable to beryllium issued this period connected Blocksteam’s Liquid platform. “With everything happening astatine airy velocity successful El Salvador, and much and much countries funny successful adopting bitcoin, I recovered my clip each time conscionable nary longer capable anymore,” Mow said.
Mow’s departure whitethorn ramp up speculation astir which state successful Latin America (or different region) mightiness travel El Salvador into bitcoin. El Salvador President Nayib Bukele has hinted that 2 different nations volition follow bitcoin arsenic ineligible tender this year.
Mow besides took enactment of much clip being demanded by Pixelmatic arsenic the beta nears of its game, Infinite Fleet. (Mow is laminitis and CEO of Pixelmatic.) In 2019, Mow aimed to span the satellite of crypto and online gaming by launching a token that would spot Pixelmatic usage Blockstream’s caller level for launching information tokens connected Bitcoin via its sidechain Liquid.
DISCLOSURE
The person successful quality and accusation connected cryptocurrency, integer assets and the aboriginal of money, CoinDesk is simply a media outlet that strives for the highest journalistic standards and abides by a strict acceptable of editorial policies. CoinDesk is an autarkic operating subsidiary of Digital Currency Group, which invests successful cryptocurrencies and blockchain startups. As portion of their compensation, definite CoinDesk employees, including editorial employees, whitethorn person vulnerability to DCG equity successful the signifier of stock appreciation rights, which vest implicit a multi-year period. CoinDesk journalists are not allowed to acquisition banal outright successful DCG.
Michael Bellusci is CoinDesk's crypto payments reporter.
Subscribe to The Node, our regular study connected apical quality and ideas successful crypto.
By signing up, you volition person emails astir CoinDesk merchandise updates, events and selling and you hold to our terms of services and privacy policy.
English (US) 