Convex was created by Mike Anderson, a technology veteran who started coding at age eight and represented the UK in the International Olympiad in Informatics. During a decade at McKinsey & Company, he witnessed the inefficiencies of centralised organisations and knew there had to be a better way to organise our economies.
While working as founding CTO at Ocean Protocol, he saw the promise of decentralised systems but also the need for a fundamentally better base layer. This led to a programme of deep research, tackling multiple design challenges to make Convex possible—from inventing Convergent Proof of Stake, to developing Lattice technology, to building a new kind of virtual machine based on the lambda calculus.
The Convex Foundation was established in 2020. After years of brutal testing across global testnet deployments—including validation through the EU Next Generation Internet initiative—Convex proved its global scale and stunning energy efficiency. The network is now launching Protonet: the first live Convex network with real assets.