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Vlad Zamfir is joining a VC-backed startup racing to launch the Casper upgrade ahead of Ethereum

Quick Take

  • Vlad Zamfir, Ethereum’s star researcher, is joining a startup vying to be the first to deliver the Casper protocol upgrade
  • The aptly-named firm, Casper Labs, has raised $20M in funding led by Galaxy. It elected Scott Walker, the President of DNA investment fund, as its chairman and crypto-veteran Steven Nerayoff as its vice

Vlad Zamfir, one of Ethereum’s lead researchers, is stepping back from the blockchain empire to collaborate with Casper Labs, an R&D startup building a “fully scalable blockchain”, The Block can confirm.

Casper Labs will be an indirect competitor to Ethereum as it endeavours to deliver the much-anticipated Casper protocol upgrade. Zamfir was leading a popular version of Casper (CBC) at Ethereum, helping the network to rely on stake rather than computing power to achieve consensus, as well as addressing scalability issues.