The crypto division of Square, Square Crypto, has recently hired Matt Corallo. The announcement was made on Twitter. He was one of the co-founders of Blockstream and a prominent Bitcoin dev. He previously worked on Chaincode Labs, too, where he passed almost three years.
Corallo commented on the news affirming that he was very excited to be a part of the team. According to him, it will be very exciting to experiment on Square Crypto and to make Bitcoin even better.
BIG NEWS: Please welcome @TheBlueMatt to Square Crypto. Woo! THINGS ARE HEATING UP EVERYBODY GET IN HERE LET’S PARTY 🌀🔥🌀🔥🌀🔥
*A lone figure watches from afar, their haunched shape a dark smudge against the gathering gray sky… Gary?*
— Square Crypto (@sqcrypto) August 20, 2019
During an interview, he affirmed that the work will be different from what he is used to, but that the bigger the problems, the more you need talent.
The whole project is set to be open source, so the upgrades made by them can be used for others interested in Bitcoin as well.
Square Crypto Is Building Its Team
Corallo was just the newest addition to the company created by Jack Dorsey. Since the announcement of the initiative back in March, many people have been wondering who would be working on it.
The goal of the startup is to create a small but good team that will have a single designer and some software engineers.
Before him, Steve Lee was hired. He worked as a Google director previously and was hired to lead the new team. At the time, he affirmed that the team would be focused on creating the technology that could complement Bitcoin and make it more efficient and mainstream.