Blockstream CEO & Co-Founder.
Adam Back is a crypto-hacker and cryptographer born in London in 1970 and is currently living in Malta. Adam Back’s hashcash proof-of-work system is used in counterspam technologies and cryptocurrency mining. Adam Back is one of the first people to work on Bitcoin and was contacted by Nakamoto in 2009 to give his thoughts on hashcashes usage in Bitcoin. Adam Back is a founder of the technology company Blockstream, which is one of the main contributors to Bitcoin Core. As Blockstream’s CEO, Adam brought the company into being a leading developer of the Lightning Network, liquid sidechains and other interesting projects. Adam’s contribution to Bitcoin and cryptography development has made him one of the main cryptocurrency experts today. He is actively doing talks on such topics as privacy, scaling and the future development of Bitcoin.
Blockstream
British
Sliema, Malta
University of Exeter (South West England), Ph.D. in Computer Science
Blockstream - CEO
Adam Back did not comment on the exact size of the offering and who the top backers are this time. However, he made it clear that the funds will be used to expand the company’s mining capabilities.
The thing is that the Hashcash system Adam Back was working on is similar to Bitcoin code, which means they were made on the same PC.
The report that has been authored by Doncho Karaivanov reviews different factors before settling on the conclusion that Satoshi lived in London.
Blockstream’s Adam Back is rather bullish about the future of Bitcoin. He said that the level of $300K per Bitcoin is real.
The current XRP price is around $0.25. We’ve analyzed some factors that may help XRP to get a great bump and increase its value to $692 per coin in 2020.