Cryptocurrencies

ConsenSys developer jumps ship to Ethereum Classic as new executive director

The exodus of blockchain start-up ConsenSys seems to be continuing with developer Bob Summerwill now departing to join Ethereum Classic Cooperative as the company’s new executive director.

ConsenSys is a production studio of Ethereum, and like many start-ups in the space, they have struggled during 2018’s bear market, laying off 13% of their staff in December.

Summerwill will assist the Ethereum Classic Cooperative with the growth and development of the Ethereum Classic token. He will also be tasked with overseeing the development of peaceBridge, which is a bridge that transfers ETC and ETH between two networks.

In an announcement on Medium, Summerwill said:

“I would like to heal the wounds of the past, and to help everyone get past this zero sum thinking. I would like the ETC community to be seen as it actually is, a strongly principled group of people who develop useful technology, rather than an ideologically driven group of zealots with no technical development.

“I would like people to be hacking on Emerald at ETHDenver. I would like to work with IOHK on getting Mantis into Hyperledger, and having codebases which support ETC, ETH, and enterprise scenarios.”

He added: “There are so many opportunities for collaboration across the whole blockchain space. If we want the potential of blockchain to be realised, we should be working together, not fighting amongst ourselves.

For more news, guides, and cryptocurrency analysis, click here.

Oliver Knight

Londoner ‘Ollie’ graduated from Birmingham City University with a journalism degree in 2016. He combines his writing with his love of crypto and blockchain here at Coin Rivet, saying “It disrupts well-established institutions (banks) while giving an avenue to the less fortunate to achieve financial freedom.” Like all true Londoners, his pet hate is… “People standing on the left-hand side of the escalators on the Tube!”.

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