07-12-2018 15:43 via feedproxy.google.com

What we know about the ConsenSys layoffs, as told by a ‘fired’ employee

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 s
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