This Blockchain Startup is quietly snatching up the best crypto talent – AMBCrypto
- With ICO funding declining, talent is gravitating towards more established firms, like IBM.
- A pure proof-of-stake [PoS] blockchain network, Algorand grabbed headlines in 2017 when MIT professor and cryptography pioneer, Silvio Micali, announced the permission-less blockchain platform.
- Micali made waves in April 2017 at the Financial Cryptography and Data Security conference in Malta when he sparked debate about the role of incentives in a public blockchain’s consensus – raising speculative interest in the launch of Algorand.
- Algorand went on to open its public test-net roughly 2 years later, after netting a reported $66 million in funding throughout 2018 and quietly accumulating high-profile talent in computer science, distributed systems, game theory, and more.
- For example, lead development talent on IBM’s Blockchain team – which filed 89 blockchain patents in 2018 – recently jumped ship to Algorand.
Read full article: ambcrypto.com