Serial blockchain entrepreneur Dan Larimer has left Block.one, the corporate that raised $four billion to construct the software program behind the EOS blockchain.
Larimer, who co-founded the corporate and had served as its chief technical officer since April 2017, introduced the transfer on Block.one’s social community Voice.com on Sunday:
“I’ll proceed on my mission to create free market, voluntary options for securing life, liberty, property, and justice for all. I have no idea precisely what’s subsequent, however I’m leaning towards constructing extra censorship resistant applied sciences.”
He stated he left Block.one as of Dec. 31, 2020. The Virgnia-based technologist introduced his boycott of Twitter yesterday, saying its “censorship has gotten uncontrolled,” doubtless a reference to the corporate’s banning of U.S. President Donald Trump the day before today. He additionally hit out at Apple for its threatened, and since carried out, ban of conservative social media service Parler.
“Voice has an enormous battle forward and might want to adapt if it needs to flee the identical form of coerced censorship of its customers,” he wrote. “We can not depend on these providers. Voice shouldn’t be immune from this censorship strain. We are getting into darkish instances.”
Block.one confirmed the departure, saying Larimer “left to pursue new private tasks.”
“I’m not alone in being grateful for the contributions Dan has made thus far, and I stay up for seeing what he’ll do subsequent,” Block.one CEO Brendan Blumer stated in a press release.
Larimer based BitShares alongside Charles Hoskinson (a co-founder of Ethereum) in 2013. Larimer later based the Steem blockchain in 2016.
In 2018, Block.one raised over $four billion within the largest preliminary coin providing (ICO) in historical past. As a end result, the agency is sitting on an enormous reserve of bitcoin. CEO Brendan Blumer just lately announced on Twitter, “we’ve got amassed nicely past our beforehand introduced 140,000 #BTC place.”
The worth of EOS fell on the information of Larimer’s departure, dropping to as little as $3.01, earlier than recovering barely to $3.21, down 6.97% over the past 24 hours.
UPDATE (Jan. 10, 15:33 UTC): Adds Block.one response, background, EOS exercise.