CasperLabs confirms Vlad Zamfir as lead architect


R&D start-up CasperLabs has finalised its contract with Vlad Zamfir, who will support the protocol developer in building a new decentralized Proof of Stake blockchain, the firm announced Friday - confirming last month's report by The Block.

Zamfir is well known as Ethereum’s star researcher, but said in a statement this week that he was "not sure if the Bitcoin and Ethereum blockchain communities are going to be able to upgrade their protocols," leading him to accept the role of Lead Consensus Protocol Architect at CasperLabs - aptly-named after the protocol itself. He added that he would continue his governance work with Ethereum.

Last month, Mrinal Manohar, co-founder of the CasperLabs, told The Block it has oral confirmation of $20 million in funding led by Galaxy and that it would be an indirect competitor to Ethereum by offering mass scalability. They also confirmed Zamfir would receive a "multi-year, multi-million dollar commitment" to sponsor his research into the CBC Casper upgrade, which the firm is focused on offering as soon as possible.

Zamfir proposed the Casper upgrade in August 2015 for Ethereum.

Trending Stories

Get Your Crypto
Daily Brief

Delivered daily, straight to your inbox.

5 Steps to a Successful Crypto AML Program

As cryptocurrencies become increasingly mainstream, regulators, the media and policymakers are paying more attention to the financial crime risks associated with them. But what are the biggest compliance challenges crypto firms face, and what does a best practice AML program look like? 
Read Full Story
Sponsored Post

Layer-2 Scaling Solutions: A Framework for Comparison - Commissioned by Polygon

Ethereum had a breakout year in 2021. It’s native asset, ETH’s, market capitalization surpassed $500 billion for the first time. Its network facilitated upwards of $7 trillion value transfer. Non-fungible tokens (NFTs) emerged as another “killer application” that have put its technology on the global stage and caught the attention of the masses.
Read Full Story
May 5, 2022, 3:17PM UTC