💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Dan Larimer Hints at New Project, Suspected of Leaving EOS

Published 11/30/2018, 11:24 AM
Updated 11/30/2018, 12:41 PM
 Dan Larimer Hints at New Project, Suspected of Leaving EOS
BTC/USD
-
EOS/USD
-

Daniel (Dan) Larimer, the developer and visionary behind several networks, has hinted at working on yet another project, this time a pure cryptocurrency that could be compared to Bitcoin (BTC).

https://twitter.com/cyber_hokie/status/1068040596374335488

Larimer’s move resembles his past behavior which has made him notorious to cryptocurrency proponents. In the past, he started with the BitShares project, the first version of a Delegated Proof-of-Stake ecosystem. BitShares became notorious for allowing exchanges to also become the biggest block producers.

Steemit (STEEM) was the second project based on DPoS, where Larimer had a large stake of digital assets. But the founders of STEEM vested down their holdings in the summer of 2018, leading to losses for the project, and the latest announcement that the Steemit platform was laying off 70% of its staff.

As for EOS, Larimer claims he is still going to b...


This article appeared first on Cryptovest

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.