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Dan Larimer Pronounces Departure From EOS Builder Block.One

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Blockchain serial entrepreneur Dan Larimer has left Block.one, the company that raised $ 4 billion to develop the software behind the EOS blockchain.

Larimer, co-founder of the company and Chief Technical Officer since April 2017, announced the move to the Block.one social network Voice.com on Sunday:

“I will continue my mission to create a free market and voluntary solutions to secure life, freedom, property and justice for all. I don’t know exactly what comes next, but I tend to build more censorship-resistant technologies.”

He said he left Block.one as of December 31, 2020. The Virginia-based technologist announced his boycott of Twitter yesterday, saying its “censorship has gotten out of hand,” likely an indication of the company’s ban on US President Donald Trump The Previous Day. He also campaigned at Apple for the impending ban on the conservative social media service Parler, which has since been implemented.

“Voice has a big battle ahead of it and must adapt if it is to avoid the same kind of coercive censorship of its users,” he wrote. “We can no longer rely on these services. The voice is not immune to this pressure of censorship. We are entering dark times. “

Block.one confirmed the departure, saying Larimer “left to pursue new personal projects”.

“I’m not alone when it comes to being grateful for the contributions Dan has made so far and I look forward to seeing what he’ll do next,” said Brendan Blumer, CEO of Block.one, in a statement.

Larimer founded BitShares in 2013 with Charles Hoskinson (co-founder of Ethereum). Larimer later founded the Steem blockchain in 2016.

In 2018, Block.one raised over $ 4 billion for the largest initial coin offering (ICO) in history. As a result, the company is sitting on a massive bitcoin reserve. CEO Brendan Blumer recently announced on Twitter: “We have amassed well beyond our previously announced position of 140,000 # BTC.”

The price of EOS fell on the news of Larimer’s departure, falling to just $ 3.01 before rebounding slightly to $ 3.21, a 6.97% decline over the past 24 hours.

UPDATE (January 10, 15:33 UTC): Adds Block.one response, background, and EOS activity.

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