SAN FRANCISCO, July 14, 2021 / PRNewswire-PRWeb / – Another milestone in the development of Mina Protocol, O (1) Laboratories CEO and Director of the Mina Foundation Evan shapiro will become CEO of the Mina Foundation, the nonprofit steward of the Mina Protocol. Vice President of Business Development and Operations at O (1) Labs Emre Tekisalp will become Interim CEO of O (1) Labs during the company’s transition to an employee-driven organizational structure. The transition is planned August 1, 2021.
Evan shapiro said, “It has been amazing to experience Mina’s transformation from idea to decentralized network supported by a global community, and I look forward to continuing to advance the protocol in my new role at the Mina Foundation. I have complete confidence in Emre’s leadership. I can’t imagine anyone better equipped to guide O (1) Labs in its transition to an employee-owned structure. “
Emre Tekisalp said, “Everyone at O (1) Labs is eternally grateful for Evan’s leadership, support and vision, all of which have helped Mina achieve her current status as a globally recognized protocol supporting creation. verifiable and confidential applications. I am extremely proud of the work we have accomplished under Evan’s leadership and delighted to see O (1) Labs go through this transition to the new employee-led structure that will take our values of community and decentralization to the next level. . “
In his new role as CEO of the Mina Foundation, Evan will lead his mission of supporting the technical architecture of the Mina Protocol, ecosystem development and serving the community. As part of this, the Mina Foundation will focus on raising awareness of Mina’s technology, attracting the next wave of individuals and partners who want to get involved and building the community infrastructure so that Mina can ultimately be self-directed. Learn more about the transition directly from Evan in this letter.
O (1) Labs, as one of the many ecosystem partners, will continue to focus on the development and growing adoption of SNARK’s core technology, Snapps. The team will work on enabling Snapps across the stack – from SnarkyJS to libraries such as HTTPSnapps, to work production through partnerships with other apps and channels. One of the first Snapps to join Mina is Teller Finance, which allows users to prove that their credit score is above 700 without sharing the actual score or other sensitive personally identifiable information (PII) like their social security number with the requesting party.
Prior to co-founding O (1) Labs, Evan worked as a software engineer for Mozilla, obtaining his MS research from Carnegie Mellon while working in CMU’s personal robotics lab. Emre came to O (1) Labs from Coinbase where he led a number of strategic programs contributing to the company’s impressive growth.
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About the Mina Foundation
The Mina Foundation is the nonprofit steward of the Mina Protocol, the lightest blockchain in the world. The Foundation supports the Protocol by providing grants to third parties who make significant contributions and by maintaining and managing the assets of the community. Board members include former ZCash Foundation executive director Josh Cincinnati, Slow Ventures director Jill Carlson, vice president of engineering at Interchain GmbH and developer Tendermint Tess rinearson, Fund Director and Joint Legal Advisor of International Management Services Sean Inggs, and CEO of O (1) Laboratories, the team that incubated Mina, Evan shapiro.
About O (1) Labs
O (1) Labs is a software development company and a leader in verifiable computing. The company incubated and currently contributes to Mina Protocol, an open source software project, which uses advanced cryptography and recursive zk-SNARKs to create an entire blockchain that is and always will be around 22KB, the size of a few tweets. . Founded in 2017, it is based in San Francisco, California.
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SOURCE O Laboratories (1)