CTO and Co-Founder Daniel Larimer Announces Resignation
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Live News CTO and Co-Founder Daniel Larimer Announces Resignation

January 11, 2021      Jafrin Ahmed

Daniel Larimer, the co-founder and CTO of, has announced his resignation from the company after four years. is the company that had raised $4 billion to build the software behind the EOS blockchain. Since the announcement, the native cryptocurrency EOS reacted with a price drop of about 25%. CTO Daniel Larimer Announces Resignation

Larimer revealed that he left as of Dec. 31, 2020. Having served as the company’s chief technical officer since April 2017, Larimer announced moving to social network

In the announcement release, Daniel Larimer stated:

“I 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”

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In a statement, CEO Brendan Blumer, stated:

“I’m not alone in being grateful for the contributions Dan has made to date, and I look forward to seeing what he will do next.” 

Larimer also founded BitShares alongside Charles Hoskinson (a co-founder of Ethereum) in 2013.

Visioning Censorship Resistant Technologies

A day before announcing his resignation, Larimer revealed on boycotting Twitter, saying that the censorship has gotten out of control. He even added that he can no longer empower such a corrupt company.

Larimer was likely referring to the platform’s ban of U.S. President Donald Trump and has since vowed out on banning traditional social media platforms.

During his resignation announcement, he emphasized that his focus will be on creating tools that people can use to secure their own freedom, saying:

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“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.” #Blockchain #Daniel Larimer #EOS #EOSIO #Social Media #Voice
Jafrin Ahmed
Jafrin Ahmed

Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.