Blockstream co-founder Pieter Wuille joins Chaincode Labs

bitcoin and cryptocurrency research development group, chaincode labs has hired developer and co-founder of blockstream, pieter wuille, who will now work on protocol improvements to bitcoin. the coder and engineer posted a tweet in which he said he would continue to collaborate with the research team at blockstream.

pieter wuille is best known for implementing the code called bitcoin improvement protocol (bip) 0141, ad a soft fork change segregated witness (segwit). the codes change the way data is stored in blocks, and also enables the developers to create “layer two” projects, that help in scaling payments, smart contracts and off-chain computation.

wuille was most recently associated with taproot, a privacy-focused technology change to bitcoin. he was also one of the bitcoin core developers to launch blockstream in 2014, which now offers financial infrastructure for the development of bitcoin and blockchain technology.