Square Crypto Hires Matt Corallo to Boost Bitcoin Development

Square Crypto, the division of the publicly traded payments company that focuses exclusively on bitcoin, just hired one of the world’s most prolific bitcoin developers.

Chaincode Labs alum and Blockstream co-founder Matt Corallo previously authored notable efficiency improvements such as the rust-lightning implementation, which makes it easier for users to build and interact with layers of the bitcoin network. Corallo tweeted Tuesday that he’ll be joining the team to experiment with models for accelerating bitcoin development.

Corallo told CoinDesk he hopes to work with “a team that crosses the entire range of talent and type of experience” in order to address issues related to the bitcoin user experience for various use cases. 

“It’s a little bit different than Chaincode or Blockstream research,” he said. “To work together on projects with a tightly knit team that are a little bit more focused. Hopefully take on bigger problems, and problems that…