Joseph Lubin, Co-founder of Ethereum, founder of ConsenSys and chairman of ConsenSys Mesh

After reading the Ethereum white paper and being obsessed with blockchain technology and Bitcoin, he finally collaborated with Vitalik Buterin. Lubin played a key role in the conception and introduction of Ethereum in 2014. Additionally, he was the COO of Ethereum Switzerland and a founding member of the Ethereum Foundation.

He founded the decentralized Ethereum development company ConsenSys in 2015 to aid in the creation of a business environment for the platform. Additionally, Lubin contributed to the success of businesses like Gitcoin and MetaMask as a DAO investor, portfolio manager, and chairman of autonomous incubator ConsenSys Mesh. Over 50 companies have been fostered by ConsenSys, including crucial components of the Ethereum network’s infrastructure like Infura and Alethio as well as Kaleido’s Blockchain-as-a-Service, MetaMask’s Web3 onramp, Truffle’s developer suite, and PegaSys’ mainnet client.

2023

A Swiss legal dispute involving former ConsenSys AG workers and Joseph Lubin, the company’s creator, has reached the United States. According to a lawsuit filed in the Supreme Court of the State of New York on Thursday, the 27 former employees who joined the company in its early days claim they were deprived of their equity after Lubin, with the assistance of JPMorgan, executed a series of corporate maneuvers transferring core assets from the original Swiss incarnation of the company into an American firm formed in 2020.

According to the complaint, Lubin moved ConsenSys AG’s primary assets, including cryptocurrency wallet provider MetaMask, to ConsenSys Software Inc. (CSI), a Delaware corporation, without converting the former workers into equity holders.

2022

As Ethereum nears its conversion to Consensus Layer and its integration into proof-of-stake this year, Lubin is anticipated to continue working on scaling Ethereum and sponsoring enterprise blockchain development via ConsenSys. It’s realistic to anticipate that more firms will emerge from ConsenSys Mesh because ConsenSys appears eager to increase public awareness of the potential of Web3 and DeFi. Since entering the Metaverse, Lubin and his group will probably continue to expand their online community.

In order to speed up Web3 innovation, Lubin has also given priority to the requirement to boost wallet extensibility. ConsenSys is currently developing the “perfect” cryptocurrency wallet because it intends to combine the technology that powers the MetaMask and MyCrypto wallets. Additionally, Lubin supports blockchain gaming, the idea of play-to-earn games, and even learn-to-earn games. In order to “keep crossing the divide from the decentralized Ethereum environment into mainstream use,” as mentioned on Twitter, ConsenSys can innovate more in the gaming and NFT sectors this year.

Latest news about Joseph Lubin

• London-based crypto startup Pimlico has secured $4.2 million in a seed investment round led by Andreessen Horowitz’s venture arm A16z. Pimlico aims to simplify the use of Ethereum by providing infrastructure for developers to build decentralized products and services. The company’s core value proposition includes services aimed at improving the Ethereum user experience, such as gas fee sponsorship, payment with ERC-20 tokens, social recovery schemes, batched transactions, spending limits, and account access levels.
• UK-based Blockchain-as-a-Service platform Stratis has migrated its existing blockchain to an Ethereum-based ecosystem called StratisEVM, retiring its existing Stratis blockchain. The move aims to improve interoperability and performance, with a focus on gaming, DeFi, NFTs, and enterprise solutions. StratisEVM will feature its native “$STRAT” token and operate as a layer one blockchain, with plans to introduce a layer two solution. The move will boost developer activity and allow StratisEVM to interact with various dApps.

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