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Leaving Silicon Valley for Blockchain

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Leaving Silicon Valley for Blockchain

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In a recent duo of interviews conducted by Forbes, two ex-Silicon Valley engineers shared why they left their ‘dream jobs’ to pursue a future in blockchain as a growing number of workers do the same.

Startups are eager to hook employees from the big-name Silicon Valley tech companies to boost their industry standing and tempt investors. This, combined with a growing amount of interest in the blockchain space since the 2017 Bitcoin boom, will only increase the trend towards blockchain companies.

Maximilian Wang, an ex-Facebook engineer turned blockchain CEO

It was in 2017 when Wang first heard about blockchain. As an engineer with Facebook Inc., he tried telling his colleagues about the technology but most of them apparently dismissed it as a scam. It became a passion for him to studiously examine blockchain whitepapers in his own time. He learned whatever he could teach himself, so when the right project came along, he would be prepared for it.

”The hardest part was not when you saw an opportunity to make money and you needed to figure out how to get that opportunity… What made it hard was that after seeing everything happened in the world outside, at the end of the day, you still had to come back to reality and try your best to focus on your work [at Facebook],” Wang told Forbes.

Eventually, the right project did come along for him: Bgogo, a digital asset exchange that claims to be the first of its kind with a supernode listing authority. Wang wants to take it right to the top, with ambitions to make it the JPMorgan Chase of the blockchain world.

Qi Zhou left Facebook and Google to develop his own blockchain

Zhou was inspired by Google’s own Bigtable data storage system and saw a way that the underlying technology of sharding could also be done with blockchain.

”When I see an opportunity there, why can’t I go after it,” he told Forbes. Zhou’s project QuarkChain is a  high-capacity peer-to-peer transactional system.

Will blockchain meet Silicon Valley?

As blockchain becomes more far-reaching, it becomes inevitable that its share of the space in the valley will increase. However, it is likely that Google and Facebook will continue to lose engineers such as Zhou and Wang because the foundations of their corporations are so far opposed to the decentralized ideology behind blockchain.

 

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