Coinbase hires former Amazon Web Services architect to head staking project

05 Mar, 2019
by David Borman
News
Coinbase hires former Amazon Web Services architect to head staking project

It is being reported by The Block that Coinbase has hired former principal solutions architect at Amazon Web Services, Luke Youngblood, to head the development of products "tied to staking and governance."

Staking and governance products are designed to "provide Coinbase Custody clients with the ability to interact seamlessly with crypto-networks while maintaining the upmost security of their assets in Custody."

In essence, staking is seen as a "Mining 2.0" strategy that looks to find ways to secure blockchain networks while reducing computational costs and enhancing security. It is then no surprise that Coinbase would be interested in bringing such solutions to its platform.

As for Luke Youngblood, the Coinbase memo lays out his credentials well:

"Luke is the founder and CEO of Blockscale, an early pioneer of blockchain and crypto technologies. In 2018, he helped launch the Tezos network by creating the staking infrastructure for the Tezos Foundation, becoming the largest decentralized proof of stake validator in the world overnight."

In light of some of the controversial additions Coinbase has made to its team lately, this seems like a choice that shouldn't ruffle any feathers. Still, stick here with Chepicap for all updates on Coinbase's hiring decisions!

Read more: Coinbase technology partner denies collecting, selling customer data

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Read more about:CoinbaseAmazon

Add a comment

coinbase has so many different problems that now they need professionals instead of those who could only talk about greatness of coinbase... definitely fraud company
06 Mar, 2019 - 12:04
i also have a lot of questions to the coinbase considering their constant policy of blocking accounts of honest traders that actually did nothing against TOS
08 Mar, 2019 - 16:50
Wow big news. Coinbase hired a person from amazon. Where are the real news? Hello?
06 Mar, 2019 - 21:08
not sure that such news by coinbase are real and true
06 Mar, 2019 - 23:17
very cool for coinbae. thus, such news are only fake
06 Mar, 2019 - 23:58
coinbase doesn't take care as about users as about employees..hope it will end the activity
07 Mar, 2019 - 21:46
too many problems and issues at coinbase so they have decided to find someone who can help them solve all of them
12 Mar, 2019 - 10:22
finally coinbase have decided to start hiring professionals. however this would not help this fraudulent company
23 Mar, 2019 - 11:45

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