4 ms·
You're confusing ConsenSys and Protocol Labs. ConsenSys was founded by Joe Lubin, and is the corporate entity behind MetaMask, Infura, etc. It counts MasterCar
by mhluongo 4y ago
You're confusing ConsenSys and Protocol Labs.
ConsenSys was founded by Joe Lubin, and is the corporate entity behind MetaMask, Infura, etc. It counts MasterCard and JP Morgan as investors.
Protocol Labs was founded by Juan Benet and is the primary sponsor of IPFS and the dev team behind Filecoin. They're funded primarily from the private token sales of FIL.
Agree with the sibling comment that the focus on modularity and solving "all of the things" rather than focusing on adoption seems to be a pattern with Protocol Labs, though I'm a big fan of what they're trying to build.
- TEP_Kim_Il_Sung 4y agoConsenSys is to IPFS as Blockstream is to BTC
- mhluongo 4y agoNo, Protocol Labs it to IPFS as Blockstream is to BTC. ConsenSys is an entirely different company focused on Ethereum, and neither invented nor maintain IPFS. That's Protocol Labs. Protocol Labs didn't start out of ConsenSys either — in fact, I don't believe they have too much beneficial ownership in common at all. In addition to the separate founding stories already mentioned, you can read about how Protocol Labs was initially funded by Union Square.
- TEP_Kim_Il_Sung 4y agoConsenSys is to Blockstream as MetaMask, Infura, MasterCard and JP Morgan are to AXA Protocol Labs, as you correctly identified, is not a stooge of global corporate interests.