Bitcoin Core Developer Greg Maxwell Quit Blockstream

January 22, 2018

Bitcoin Core Developer Greg Maxwell Quit Blockstream

Greg Maxwell, one of Bitcoin Core developmental experts, is no longer in the Blockstream project. Maxwell turned in a resignation in November 2017, but it was only these days when he finally left the company. From now on he is targeting all his energies at studying and developing an open-source protocol, a new security solution based on Bitcoin cryptography and anonymity.

Greg stated that the primary objective for him establishing the company was constant financing for Bitcoin development.

“We hoped that Blockstream could help act as an anchor of support for technology development, and in doing so help grow the community. I think that has been a big success”, the Blockstream cofounder says.

He also added that for today Bitcoin Core has continuous financial backing from many organisations.

After Greg’s quit the Blockstream team expressed their gratitude for contributing a lot into Bitcoin development.

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