Blockchain Entrepreneur Dan Larimer Left

January 11, 2021

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Blockchain entrepreneur Dan Larimer has left Block. one, the firm that raised nearly $4 billion to develop the software for the EOS blockchain.


Dan Larimer co-founded the firm and had acted as its chief technical official since 2017, declared the departure on Block. one social network on Sunday stating, I will keep my mission of developing free market, voluntary solutions for securing life, property, liberty, and justice for all. I don’t clearly know what is next, but I am going towards creating more censorship-resistant technologies. 


However, the CEO of Block. Brendan Blumer stated, He is not the only one being grateful for the contributions Larimer had made to date, and he looks forward to seeing what Larimer will do next.


Larimer said he left Block. one as of Dec. 31, 2020. The Virginia-based technologist declared his boycott of Twitter yesterday, saying its restriction has gained out of power, likely a reference to the organization’s banning of U.S. President Donald Trump the earlier day. 


He likewise hit out at Apple for its undermined, and since completed, ban of traditionalist social media administration Parler. Block. one affirmed the departure, saying Larimer left to seek new projects. 


Larimer established BitShares close by Charles Hoskinson, a co-founder of Ethereum, in 2013. Larimer later established the Steem blockchain in 2016. The cost of EOS fell on the news on Larimer’s departure, dropping to as low as $2.93, before recovering marginally to $3.03, down by 15.1% in the last 24 hours. 


Back in 2018, Block. one brought over $4 billion up in the biggest initial coin offering (ICO) ever. Thus, the firm is perched on a gigantic reserve of bitcoin (BTC). Chief Brendan Blumer as of late reported on Twitter stating we have aggregated well past our recently declared 140,000 #BTC position.


Image Courtesy : Pixabay

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