2018-12-7 17:43 |
ConsenSys, the blockchain behemoth powering a swathe of Ethereum-related software, is letting 13 percent of its staff go in a bid to retain a sense of viability. The company confirmed what many believed would be inevitable: the exponential growth enjoyed by Joseph Lubin’s decentralized business experiment can’t, and won’t, go on forever.
A press release optimistically dubbed the new, 13-percent-lighter company as “ConsenSys 2. 0,” presumably an attempt to spin the situation positively. “Excited as we are about ConsenSys 2. 0, our first step in this direction has been a difficult one,” the press release read. “We are streamlining several parts of…
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