Apple co-founder Steve Wozniak will not create a new currency

Apple co-founder Steve Wozniak will not create a new currency

Woz, a tech genius, has already said that he is amazed by the technology behind Bitcoin and other cryptocurrencies. Now he is ready to share his achievements in working on a new blockchain startup.

Steve Wozniak announced the upcoming launch of the startup at the ChainXchange blockchain conference, at which he also spoke about his first acquaintance and impression of bitcoin: “Bitcoin attracted my attention because the technology behind it offered more opportunities than any other technology known to me. Bitcoin is based on pure mathematics, in addition, no one knows who invented it, no one has centralized control over it, and no one can create more bitcoins than originally intended.

Steve decided to use not only the opportunities offered by cryptocurrency, but also the capabilities of the technology itself, so he took part in the development of a blockchain startup called Equi. 

“Our idea is not a new currency or something like that, the price of which can be influenced by various events, our product is a share in the capital of a company that is investing in a construction business in Dubai.”

The startup will be launched in Malta, around the same time as the next blockchain conference being held there.



You May Also Like

162018-06-27

Bitcoin skeptic Robert Shiller called bitcoin a “social movement”

Robert Shiller, a Nobel Prize-winning economist and Yale University professor who believes bitcoin is a bubble, said that bitcoin is a social movement and its popularity in the United States varies by region. He called it an irrational response to new information. Silicon Valley is interested in this technology, which is why bitcoin is more popular on the West Coast than on the East Coast.

Personality
192018-07-06

Bitmex co-founder is Britain's youngest billionaire

According to British media, 34-year-old Ben Delo, co-founder of cryptocurrency trading platform Bitmex, is the first and youngest Briton to become a billionaire using cryptocurrency.

Personality

Latest articles from Personality category

Fresh video on our Channel