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Who is ‘ZmnSCPxj’?
Jack Dorsey, co-founder and CEO of Twitter, can be seen as a prominent figure in the social media crypto-verse. He is an outspoken Bitcoin advocate, in fact, in March 2019, the CEO revealed that he spent $10,000 a week on Bitcoin. He is very keen on helping the internet have its own currency: "To me it all goes back to the internet. What does the internet want to be? It wants a currency, it's always wanted a currency, it just hasn't had the technology until 10 years ago.” Nonetheless, he does admit that Bitcoin is not ready yet to fill that role at the present moment.
Twitter’s co-founder is also the CEO of the payment processing company Square. The latter has a division specifically dedicated to cryptocurrencies named “Square Crypto”. The division is giving grants to talented Bitcoin network contributors, the last of which was anonymous pseudonym “ZmnSCPxj”. The person has been working, part-time, on enhancing the Lightning and C-Lightning networks. With the grant, they’ll be able to quit their full-time job of 14 years to dedicate their entire time and energy towards developing the network further. The only information available about the new developer is that they live in GMT+8 timezone, which barely indicates anything about the person’s identity.
It seems that Mr. Dorsey’s vision may become a reality in regards to a native internet currency. Disregarding price action for a moment, many developers are working hard to improve the current projects and bring world-change. Now these same developers are being backed by large corporations to hopefully shortcut the delivery time.
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