You have to give credit where it’s due – and looking at the increasingly strange and diversifying blockchain industry, it’s not hard to view Coinbase as some sort of bastion of sanity.
If that’s true, then much of that connotation stems from Brian Armstrong, the firm’s founder and long-time CEO. Founded in 2012, Coinbase has grown from a one-man developer project to a multi-product conglomerate of public blockchain services, one that has a strong wallet and brokerage product (Coinbase) and blossoming exchange business (GDAX).
In an industry where grown-ups spend most of their time fighting on Twitter, chasing ideas that defy any rational explanation and talking about changing the world with an almost religious zealotry, Armstrong’s firm has been called bitcoin’s ‘blue chip‘ for this reason.
That’s not to say there haven’t been hiccups. A plan to build a developer ecosystem on top of bitcoin, for example, largely fell away, and Armstrong’s attempts to influence the digital currency’s long-running scaling debate did much to disillusion some customers.
Through it all, though, Coinbase has kept up progress – raising more than $100m, somehow consistently building brand and product through three boom cycles and checking in with CoinDesk along the way.
Speaking before Consensus 2017 this week, it’s
Read more ... source: CoinDesk
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