Adam Back Unanimously Selected to Become CEO of Blockstream

Adam Back Unanimously Selected to Become CEO of Blockstream

On October 3rd, 2016, Blockstream announced that they have selected Dr. Adam Back to replace the outgoing Austin Hill as their new CEO. The Selection of Adam Back to Become CEO. The company’s board-of-directors voted unanimously to make Back the new CEO as Hill stepped down from the board to pursue other opportunities. Back is known to the bitcoin community as a Core developer and small block supporter, or, at the very least, a supporter of a “measured approach” to scaling. Additionally, according to the press release, Back is a world-renowned applied cryptographer, bringing over two....


Related News

Bitcoin Startup Blockstream Appoints Adam Back as CEO

Open source bitcoin startup Blockstream, notable for its foray into developing sidechains for the bitcoin blockchain will now see a CEO at its helm. In a recent announcement, Blockstream revealed a unanimous decision by the company’s board of director that saw Blockstream co-founder Adam Back become CEO of the company. Back held the role of President before his new position and has also operated as the chief operating officer in the past. Blockstream revealed outgoing CEO Austin Hill will “pursue other opportunities” and has also stepped down from the board. A prominent academic in the....

F2Pool Threatens To Withdraw Consensus Support Over Adam Back Allegations

For those people who were under the impression the Bitcoin block size debate was over, you are sadly mistaken. That being said, things are getting interesting, as F2Pool announced they will withdraw support from the February 21 roundtable consensus unless things are sorted out on the Adam Back front. There is never a dull day in the world of Bitcoin politics; that much is certain. Adam Back and Blockstream. Various Bitcoin community members have been claiming how Blockstream is planning to drive Bitcoin Core development in a different direction than was originally envisioned by Satoshi....

Adam Back Appointed Blockstream CEO in Leadership Shake-Up

Bitcoin startup Blockstream has a new CEO. The company said today that its first CEO, Austin Hill, is formally stepping aside, with current president Adam Back being appointed to the role. As part of Hill's exit from the firm, he has also stepped down from the board. Blockstream said that Hill was leaving the company to "pursue other opportunities". Back, a noted cryptographer who is one of the startup's founders, said in a statement: "I am honored to take on the CEO position at this important phase in the company’s growth and am excited about leading Blockstream to its full....

Adam Back: Blockstream ‘Has No Patents Related To SegWit’

Blockstream CEO Adam Back has refuted claims by Swedish Pirate Party founder Rick Falkvinge that the company “has patents in SegWit.” Pirate Party’s Falkvinge: Blockstream SegWit Support Driven By Patents. In a Twitter response Monday, Back stated Blockstream “does not have any patents, patent applications, provisional patent applications, or anything similar, related to segwit.” Falkvinge, who is a staunch supporter of bigger blocks proposed by rival scaling solution campaigners Bitcoin Unlimited, had earlier Monday released a dedicated post on his website arguing Blockstream’s SegWit....

Sidechains Whitepaper Authors Will Conduct Reddit AMA to Answer Questions about Blockstream

A collection of recognizable names from the Bitcoin space have teamed up under lead author Adam Back to release an official Sidechains whitepaper at Blockstream. Blockstream is the name of a new company dedicated to "working on trustless cryptographic infrastructure." The paper is available for download on the new Blockstream website. The sidechains concept first hit the public eye earlier this year when Back introduced the concept to the Bitcoin public as a replacement for altcoins and even Bitcoin 2.0 platforms. Fresh on the heels of the release of the long-awaited Sidechains whitepaper,....