Ethereum: invisible contributions from Blockstream developers to the Bitcoin project
While the debate between Bitcoin enthusiasts and continuous lawyers, it is obviously to hear questions about those who made a significant contribution to the Bitcoin project. In this article we will deal with the lesser known story of the blocking developers and their role in the design of the future of cryptocurrencies.
A partnership born for mutual respect
Blockstream, a leading company for cryptocurrency developments, was founded in 2014 by Greg Smith, Daniel Arras and Vitalik Boterin. First of all, his attention focused on the construction of a personalized blockchain platform for corporate customers. However, when Bitcoin’s popularity has increased, it was also the interest of the developers who wanted to create scalable solutions.
Cooperation and exchange of knowledge
In 2017, Blockstream began his Etherum Open Source project, which marked an important milestone for the development of decentralized internet. The company has seen the opportunity to use its specialist knowledge on personalized blockchain platforms and to work with Vitalik Butinin’s team in Ethereum.
According to Greg Smith, we found one of the most important participants in the Ethereum project. “We recognized the network.”
This collaboration has led to a significant increase in Ethereum adoption rates, since the developers have now been able to use the knowledge show show in order to create more efficient and scalable applications on the platform.
Effects on Bitcoin
While Blockstream contributions are often overshadowed by their work through Ethereum, they also made a significant contribution to the wider Bitcoin project. In 2019, for example, Block Stream developed a new consent Salgus called Casper, who aimed to improve the scalability and safety of the Bitcoin network.
Casper was designed taking into account the collaboration that allowed developers to contribute to the project and test its new functions before being published to the public. This approach has led to a more supplementary and dynamic development process for the Bitcoin community.
Open source contributions
Blockstream is also known for your Open Source contributions to the Ethereum project. In 2018 they published the “Ethereum-Go” code basis, which constituted a solid base for the imminent consensual Salgorithm Go. This publication not only contributed to accelerating the development of Ethereum, but also improved general safety and the scalability of the network.
Diploma
The history of the contributions of block flows to the Bitcoin project is mutual respect and cooperation. Through the partnership with the Vitalik Boterin team in Ethereum, Blockstream has been able to bring personalized blockchain platforms to satisfy the development of a new consent saving for the project.
Although your work has not been unnoticed, it is important to remember that the real value of the Blockstream contributions lies in your commitment for innovation and open source cooperation. By accepting these values, we can create a community of more lively and supplementary developers who commit themselves to building a better future for cryptocurrencies.