Daniel Larimer, CTO of EOSIO developer block.one and founder of early crypto exchange Bitshares and blockchain-based social media platform Steem, announced today in a short blog post that he has stepped down.
“[I] I am proud of the EOSIO software, which I was able to create and run with the help of an extremely talented group of engineers. Unfortunately, all good things have to come to an end. On December 31, 2020, I resigned from my position as CTO of block.one ”, the article says.
Although no reason for the departure was given in the publication, his recent activity on social media may hint at the next steps for the founder and technologist.
In a Twitter post on Friday, Larimer said “it is time to give up social media,” warning users of the “last chance” users have to download certain social apps – a possible response to President’s ban Donald Trump through Twitter and multiple app stores that deplatform Parler. In addition, his resignation was announced on Voice, an EOS-based social media app.
It’s time to give up Twitter. If you would like to follow me, join https://t.co/epHnV9y13Y and subscribe to my mailing list at https://t.co/q79po8kITh. In the meantime, this may be your last chance to download certain apps from Apple.
– Daniel Larimer (@ bytemaster7) January 9, 2021
“I will continue my mission to create a free market and voluntary solutions to secure life, freedom, property and justice for all,” says the second half of his contribution. “I’m not sure what’s next, but I tend to develop more censorship-resistant technology,” he wrote.
“I have come to believe that ‘freedom as a service’ cannot be offered, so I will focus my attention on creating tools that people can use to secure their own freedom.”
Larimer’s exit comes at a difficult time for the EOSIO ecosystem. While much of the cryptocurrency market bounced back over the course of 2020, EOS has been a notable laggard. From a technology standpoint, EOS appears to be catching up after a wide range of packaged DeFi tokens recently launched on Eosfinex.
Larimer isn’t the only high-profile executive exit in recent weeks. In December, the IOTA Foundation “separated” from IOTA founder David Sønstebø in a “unanimous decision”. Sønstebø followed the announcement with an enigmatic, extensive blog.