Daniel Larimer, the co-founder and CTO of Block.one, has announced his resignation from the company after four years. Block.one 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%.
Block.one CTO Daniel Larimer Announces Resignation
Larimer revealed that he left Block.one as of Dec. 31, 2020. Having served as the company’s chief technical officer since April 2017, Larimer announced moving to Block.one social network Voice.com.
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 block.one.”
Block.one confirmed on the resignation, saying Larimer had left the company to pursue new personal projects.
In a statement, Block.one 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.
It’s time to abandon Twitter. If you want to follow me then join https://t.co/epHnV9y13Y and subscribe to my mailing list on https://t.co/q79po8kITh. Meanwhile, this may be your last chance to download certain apps from Apple.
— Daniel Larimer (@bytemaster7) January 9, 2021
During his resignation announcement, he emphasized that his focus will be on creating tools that people can use to secure their own freedom, saying:
“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.”