Big News in the Blockchain World

Daniel Larimer, the tech mastermind behind EOSIO and its parent company block.one, has decided to hang up his hat as CTO, effective December 31, 2020. In a heartfelt blog post, he expressed pride in the software he helped create alongside a talented team of engineers. However, he also noted, with a hint of melancholy, that all good things must eventually come to an end.

A Mysterious Departure

Now, while Larimer didn’t spell out the exact reasons for his departure, the cryptic undertones of his recent social media posts might offer a glimpse into his next steps. In a then-recent Twitter post, he dramatically declared the need to “abandon” a certain social media platform. Moreover, he seemed to suggest that this might be users’ last chance to download specific social apps, likely in response to recent shifts in the tech landscape, including the banning of high-profile accounts.

Future Ambitions

Continuing his audacious spirit, Larimer stated he would pursue building censorship-resistant technologies. He boldly proclaimed, “I have come to believe that you cannot provide ‘liberty as a service’” and will instead channel his efforts into empowering individuals to secure their freedoms. Talk about a modern-day superhero move!

EOSIO’s Current State

Larimer’s resignation comes at a tumultuous time for the EOSIO ecosystem. Unlike much of the crypto market, which saw significant rallies throughout 2020, EOS has found itself lagging behind. The platform seems to be playing catch-up, recently jumping on the DeFi bandwagon with the launch of wrapped tokens on Eosfinex.

The Company Landscape Beyond Larimer

Larimer is not alone in the executive exit department. Just a month earlier, IOTA’s founder, David Sønstebø, parted ways with the IOTA Foundation as part of a unanimous decision. His subsequent blog post left many scratching their heads in confusion, mirroring the uncertainty that seems to shroud the entire blockchain space at present.