Umbrella Network
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Umbrella Network

Meet the Team — Alexander Voloshko

Getting To Know Umbrella Network’s Protocol Engineer Alexander Voloshko

If you’re going to build a meaningful blockchain product in 2021, you need an experienced technical guru who laughs in the face of complexity. For Umbrella Network, that’s our protocol engineer Alexander Voloshko.

Alex comes to Umbrella Network after working for major tech and crypto companies, like Samsung and He thrives on solving technical problems with speed and grace, all while contributing meaningful ideas at every stage of software development.

Today he drives our protocol layer and moves Umbrella’s technical roadmap forward, researching ways to enhance our protocol’s security and performance. We took a moment to catch up with him and learn about his background — here’s what we covered.

How did you get started in crypto? How did you come to join Umbrella Network?

I started working on blockchain projects in 2015. I was mainly focused on creating proofs of concept on Ethereum, which had just gotten on the mainnet at that time. In 2016 I joined a Bitcoin wallet company, then I joined a blockchain-audited media company called Lucidity. That’s where I met the people who would become my Umbrella coworkers.

What kind of skills and experience do you lean on in your work at Umbrella?

I know software development very well and have done some development in support of various open source projects. I was closely involved in the backend development for a major BTC wallet, and I helped implement BTC protocol upgrades for certain Java libraries.

When I was at Lucidity, I was mostly focused on research and development. We were tackling scalability issues on Ethereum in particular. Dariusz Zacharczuk (now a senior blockchain engineer for Umbrella) and I worked on Plasma and Plasma Cash implementations. It was quite successful and saw good traction in the community, which was great — Plasma is a complicated thing to adopt.

Broadly speaking, I love digging into the specifications and technical documentation of ETH and BTC protocols.

Why are you excited to be involved in Umbrella Network?

Community-owned oracles are a great way to build things in a decentralized manner. “Community” means equal access — the resources are available to everyone, they don’t just end up in the hands of a few big players. I work hard to make sure power isn’t concentrated within our project.

What’s coming next for you at Umbrella?

We are looking into releasing our oracle solution on the testnet. This will be a kind of draft version of our product. People will be able to participate on the network and run oracles on their own. I expect it to be a tough time, but it’s all good — we’ll get feedback from our users, whether negative or positive, and make changes accordingly.

There’s a great deal of software development going on. We are looking forward to getting on the mainnet soon.

What are your interests outside of crypto?

I play piano and I’m quite interested in finance in particular. I bought a guitar a few years ago, but haven’t really progressed with it.

About Umbrella Network

Umbrella Network is a scalable, cost-efficient, and community-owned oracle for the DeFi and blockchain community. Its Layer 2 technology uses the latest advances in Merkle tree technology to write multiple data points on a single on-chain transaction, so it allows for batching data to smart contracts accurately, securely, and inexpensively. Umbrella believes a community-owned oracle is not only possible but essential to creating a truly decentralized financial system.

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