{"id":454128,"date":"2021-01-11T00:18:49","date_gmt":"2021-01-11T00:18:49","guid":{"rendered":"https:\/\/wncen.com\/?p=454128"},"modified":"2024-06-11T07:45:52","modified_gmt":"2024-06-11T07:45:52","slug":"eos-co-founder-dan-larimer-resigns-from-post-as-cto-of-block-one","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/eos\/eos-co-founder-dan-larimer-resigns-from-post-as-cto-of-block-one\/","title":{"rendered":"EOS Co-Founder Dan Larimer Resigns From Post as CTO of Block.one"},"content":{"rendered":"

Dan Larimer is resigning from his post as the chief technology officer of the development company Block.one.<\/p>\n

Block.one made history when it raised $4 billion worth of cryptocurrency for the initial coin offering of EOS, a blockchain that was built to compete with Ethereum and other smart contract networks. Block.one’s main project is EOS.<\/p>\n

Prior to Block.one and EOS, Larimer was involved in blockchain-based social media publishing service Steem and Bitshares.<\/p>\n

He made the announcement in a short post published to Voice, a social media initiative founded by Block.one. The EOS pioneer wrote<\/a> on the matter:<\/p>\n

“I have worked with Brendan and block.one for the past 4 years and am proud of the EOSIO software I was able to create and launch with the help of an extremely talented group of engineers. Alas, all good things must come to an end. As of December 31, 2020 I have resigned my position as CTO of block.one.”<\/p><\/blockquote>\n

Related Reading: Wall Street Veteran Kickstarts Own Bitcoin Fund With $25m Investment<\/a><\/h6>\n

Larimer’s Future Ambitions<\/strong><\/h2>\n

While the EOS co-founder is resigning from his post at Block.one, his intent is to continue to work on decentralized technology:<\/p>\n

\n

“I will continue on my mission to create free market, voluntary solutions for securing life, liberty, property, and justice for all. I do not know exactly what is next, but I am leaning toward building more censorship resistant technologies. I have come to believe that you cannot provide \u201cliberty as a service\u201d and therefore I will focus my attention on creating tools that people can use to secure their own freedom.”<\/p>\n<\/blockquote>\n

Larmier did not mention if he will stop working on EOS as a whole.<\/p>\n

Many in the crypto space speculate that he will focus his efforts on decentralized finance next, which would be in line with his ambitions to cultivate censorship-resistant technology.<\/p>\n

Related Reading: DeFi Founder Targeted in $8m Hack Says He Has His Hacker\u2019s IP<\/a><\/h6>\n

EOS Price Drops<\/strong><\/h2>\n

EOS’ price dropped in response to this news, seeing that Larimer is a well-known figure and was sometimes seen as the face of the project.<\/p>\n

EOS is currently the worst-performing crypto-asset in the top 100 by market capitalization, according to CoinGecko. The cryptocurrency is down 15% in the past 24 hours, underperforming Bitcoin’s 5% drop and Ethereum’s 1.5% drop.<\/p>\n

Over the past seven days, the cryptocurrency has gained 18% against the U.S. dollar.<\/p>\n

Related Reading:\u00a03 Bitcoin On-Chain Trends Show a Macro Bull Market Is Brewing<\/a><\/h6>\n
Featured Image from Unsplash\r\nChart from TradingView.com\r\nPrice Tags: EOSUSD, EOSBTC\r\nEOS Co-Founder Larimer Resigns From Post as CTO of Block.one<\/pre>\n","protected":false},"excerpt":{"rendered":"
Dan Larimer is resigning from his post as the chief technology officer of the development company Block.one. Block.one made history when it raised $4 billion worth of cryptocurrency for the initial coin offering of EOS, a blockchain that was built to compete with Ethereum and other smart contract networks. Block.one’s main project is EOS. Prior to Block.one and EOS, Larimer was involved in blockchain-based social media publishing service Steem and Bitshares. He made the announcement in a short post published to Voice, a social media initiative founded by Block.one. The EOS pioneer wrote on the matter: “I have worked with Brendan and block.one for the past 4 years and am proud of the EOSIO software I was able to create and launch with the help of an extremely talented group of engineers. Alas, all good things must come to an end. As of December 31, 2020 I have resigned my position as CTO of block.one.” Related Reading: Wall Street Veteran Kickstarts Own Bitcoin Fund With $25m Investment Larimer’s Future Ambitions While the EOS co-founder is resigning from his post at Block.one, his intent is to continue to work on decentralized technology: “I will continue on my mission to create free market, voluntary solutions for securing life, liberty, property, and justice for all. I do not know exactly what is next, but I am leaning toward building more censorship resistant technologies. I have come to believe that you cannot provide \u201cliberty as a service\u201d and therefore I will focus my attention on creating tools that people can use to secure their own freedom.” Larmier did not mention if he will stop working on EOS as a whole. Many in the crypto space speculate that he will focus his efforts on decentralized finance next, which would be in line with his ambitions to cultivate censorship-resistant technology. Related Reading: DeFi Founder Targeted in $8m Hack Says He Has His Hacker\u2019s IP EOS Price Drops EOS’ price dropped in response to this news, seeing that Larimer is a well-known figure and was sometimes seen as the face of the project. EOS is currently the worst-performing crypto-asset in the top 100 by market capitalization, according to CoinGecko. The cryptocurrency is down 15% in the past 24 hours, underperforming Bitcoin’s 5% drop and Ethereum’s 1.5% drop. Over the past seven days, the cryptocurrency has gained 18% against the U.S. dollar. Related Reading:\u00a03 Bitcoin On-Chain Trends Show a Macro Bull Market Is Brewing Featured Image from Unsplash Chart from TradingView.com Price Tags: EOSUSD, EOSBTC EOS Co-Founder Larimer Resigns From Post as CTO of Block.one<\/p>\n","protected":false},"author":497,"featured_media":454129,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16892],"tags":[10598,79493,14616],"class_list":["post-454128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eos","tag-eos","tag-eosbtc","tag-eosusd"],"acf":[],"yoast_head":"\nEOS Co-Founder Dan Larimer Resigns From Post as CTO of Block.one<\/title>\n<meta name=\"description\" content=\"Dan Larimer is resigning from his post as the chief technology officer of the development company Block.one. 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