Square Crypto Hires Blockstream Co-Founder, Open Source Bitcoin Dev

Square Crypto, the cryptocurrency-focused branch of mobile payment company Square, has hired Blockstream co-founder and Bitcoin (BTC) developer Matt Corallo. Square Crypto announced the news in an official Twitter post on Aug. 20.

Matt Corallo also commented on the announcement, saying:

“So excited to be joining the @sqcrypto team over the coming weeks. Experimenting with different models to accelerate Bitcoin OSS is awesome!”

As indicated in his Twitter post, Corallo is a Bitcoin Open Source Developer who previously worked at Bitcoin development company Chaincode Labs. Per his LinkedIn profile, Corallo has worked there for the past two years and 8 months. Additionally, Corallo is listed as the co-founder of Blockstream, a blockchain and Bitcoin development company where he worked for just under two and a half years.

Square Crypto’s teambuilding

Twitter founder Jack Dorsey, who also founded Square, is looking to build a small team dedicated to improving crypto infrastructure. The team will reportedly include one designer and a handful of software engineers, and all of their projects will be open source. Square Crypto’s first hire was Steve Lee, who previously served as a director at Google.

Square aims to develop Bitcoin infrastructure

In a recent Twitter “ask me anything,” project manager at Square Crypto Steve Lee emphasized that his team is particularly keen on developing support for the Bitcoin ecosystem. Lee wrote:

“We are very, very pro-Bitcoin. There is more than enough work for us to do there. That said, we are open to emerging use cases and technologies that complement Bitcoin.”

Also read: The European Commission Concerned About Libra’s Potential Monopoly

Source:https://cointelegraph.com/news/square-crypto-hires-blockstream-co-founder-open-source-bitcoin-dev