We already explained EOS including its consensus, team, and pros & cons. Today, we are going to introduce you to the biography of one of his creators, who is one of today’s influential faces in the blockchain community Dan Larimer.
Born in Colorado, Daniel spent most of his formative years in Florida and Virginia. He attended Virginia Polytechnic Institute and State University where he received a Bachelor of Engineering in Computer Science.
Larimer’s goal was mainly solving solution through computer science. In fact, while studying at the university he worked with SAIC, as a software engineer and Virginia University as an assistant. After graduating, his path involved carrying software engineering roles and most importantly founding several companies.
The keyword for Larimer’s first discovery to Bitcoin was ‘decentral- ized currency’. As a result, the name of Satoshi Nakamoto popped up after his Google research. Just after his discovery, he got more involved in the blockchain bubble at that time (between 2009 and 2010). He started communicating regularly with Satoshi. At that time, most of Dan’s questions were about the scalability and transaction rate. The answer of Satoshi was clear in the bitcointalk forum
If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.
Dan was later convinced!
Just after this, Dan became more interested in the blockchain technology. He started working on the Graphene blockchain technology to build a faster network. Mainly, it was an open-source C++ blockchain implementation. It served later as the foundation for BitShares, Steem, and even EOS blockchains. Graphene was first introduced in Btshare. As a result, the project was at that time, the pioneer of the delegated proof of stake algorithm. Bitshares was described as a cryptocurrency platform, a digital currency, or a digital exchange.
After the growth of Bitshares, Dan started to be more interested in the combination of social networking and the blockchain technology. In fact, he first raised the question about the concept of a ‘social network of mutual aid societies in his blog, in 31 Dec 2015, Just after this, he left Bitshares in 2016 to pursue his new idea for a new blockchain-based social network, Steemit, where users are rewarded with tokens for posting and curating content. He was its chief technology officer. Steemit was a hit and more users get involved.
Dan quitted Steemit in March 2017. In the interview, he confirms that his resignation was not because of problems in the platform or the company. He confirms that the project is mature and does not need him, anymore.
As a consequence, he made the shift over to become the CTO of block.one which “designs free market systems to secure life, liberty, and property by publishing open source software that is free for everyone to use.” (according to its website). At block.one, Dan started focusing on creating EOS, which was first released on September 3, 2017. EOS aims to address many concerns that blockchains have had such that scalability problems, transaction costs, lack of interoperability, and a high level of difficulty for legacy and enterprise companies to tap into. The project had the largest token sale ever in the cryptosphere with around $4 billion.
In a nutshell…
While reading this article, I am pretty sure you started to feel that we are speaking not about a crypto sapien but also about a serial crypto entrepreneur. Obviously, Dan Larimer left his footprint in today’s top projects in the crypto industry. He proved that he is a sort of blockchain legend in creating companies that are not functional but most importantly highly competitive.