ViaBTC has been one of the pioneers in the crypto industry with an illustrious track record. Recently we caught up with the CEO, Haipo Yang and asked him a few questions about the company, its mission and plans for the future. Read the excerpt of the interview below.
Q [NewsBTC]: ViaBTC is a pioneer in the crypto industry, having been around since 2016 – what was the idea behind launching ViaBTC?
A [Haipo Yang]: I had my first introduction to Bitcoin and open-source software around 2011. At the time, fascinated by the technical principles of Bitcoin, I supported the view that we should facilitate industrywide progress by lowering the threshold of tech development via open-source coding. This led me to blockchain technology and the blockchain industry. Later on, I started to have some insights into the blockchain space. Back in 2013, I started running Bitcoin nodes and joined the building of the Bitcoin community. In March 2016, I completed all the code of ViaBTC Pool on my own in two months.
At the time, the inception of ViaBTC was motivated by factors relating to technology and product. Back then, the blockchain industry was in its infancy, and many technologies and products, including mining pools, were immature. Though the technical requirements for a mining pool are frequently underestimated, BTC mining pools are tech-intensive projects. Mining pools demand high stability and strong performance, which makes it a challenge to build a pool that’s sufficiently stable and efficient. In addition, mining constitutes a major part of the maintenance of the BTC network, and I wanted to drive Bitcoin toward a better future by building a mining pool.
These were the initial motivations behind ViaBTC Pool — I wanted to build a great product that would become the infrastructure of the blockchain world. Later on, more and more users chose to trust us, and our team expanded. Right now, ViaBTC is not just a mining pool. It is an ecosystem that covers CoinEx,…
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