Ethereum co-founder Joseph Lubin speaks about origin of ConsenSys, cryptocurrency & more
Co-founder of Ethereum, Joseph Lubin, in the on-going San Francisco edition of Tech Crunch Disrupt discussed about ConsenSys, cryptocurrency and blockchain.
Origin of ConsenSys
Lubin spoke about the reason why ConsenSys was build stating that it was because they needed to build products at application layer. He also added why ConsenSys is Switzerland based mentioning that they were nervous to establish a blockchain company in the United States and that’s why ConsenSys was based in Switzerland.
In an earlier interview Lubin had said, “ConsenSys helps to accelerate, or even launch, companies and projects that use Ethereum as a platform. We are re-architecting how companies or groups of people will offer services to consumers and other businesses and there are definitely some hot-button issues around cryptocurrencies, as there are hot-button issues with respect to securities law around the world.”
The Ethereum co-founder also mentioned that way to building ConsenSys was related to gathering application developers, establishing app store and creating a reliable accounting system. Lubin added, “What makes ConsenSys special is the fact that we had so much to do, but such a lack of infrastructure to help us achieve that. This was the point we decided that we should build our own developer tools; ended up making Metamask, the ConsenSys Academy and even ventured into consulting.”
Discussions related to ecosystem within ConsenSys was also carried out where it was mentioned about various projects that more than a thousand people were working on. Lubin also added that the ideology of “build what you want” has enabled ConsenSys to go towards establishing a ecosystem creation, venture studio and such other ideas.
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