Daniel Larimer

Founder at Vaulta · ex-CTO at Steem · CTO at Block1

Dan Larimer, also known as BM, is a genius programmer and the only creator in the world who has produced three consecutive blockchain products in the top by market capitalization. He graduated from Virginia Tech in with a bachelor's degree in computer science. His dream has always been to find a free market solution that can guarantee people's lives, freedom, and property security, and make the world a better place. He realized that everything had to start with free currency.In , many Bitcoin exchanges were shut down by the US government, and bank accounts were also seized. At this time, BM began developing the world's first decentralized exchange, Bitshares, and invented bitUSD, a digital currency pegged to the US dollar. In the following two years Dan systematically solved many of the problems that blockchain technology encountered in application. For example, for the trading speed requirement of , transactions per second for exchanges, Dan developed the Graphene technology solution.In early , Dan developed the Steem blockchain based on his new understanding and developed the Steemit social media application on this public chain. The DPoS consensus mechanism he proposed is based on the concept of shareholder voting to elect validators, which is used to prevent three to five large mining pools from attacking the network and achieve maximum decentralization. Concerns about the risks of DPoS are actually ignoring greater risks. The lack of unity between token holders and decision- makers is a greater risk for the network.In , at the New York Consensus Conference, BM introduced the ambitious EOS project to the world, with the goal of becoming the operating system of the blockchain industry and being seen as a strong competitor to Ethereum. With parallel computing, millions of TPS, and no transaction fees, EOS contains several important features that, if successful, will make blockchain technology a truly practical technology.