Daniel Larimer

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Daniel Larimer
Known forEOS, Steem, and BitShares
Scientific career
FieldsComputer Science, Digital currencies

Daniel Larimer is a software programmer and cryptocurrency entrepreneur. Larimer created the cryptocurrency platform BitShares, co-founded the blockchain Steem, and is currently CTO of Block.one, a company involved with the development of EOS.[2][3] Larimer was also the creator of the DPOS (Delegated Proof of Stake Algorithm)[citation needed] consensus algorithm and Graphene technology. In February 2018, Forbes estimated Larimer's net worth between $600 to $700 million.[3]

Personal life[edit]

Larimer's father is Stan Larimer, who worked for Boeing, and with whom he founded Cryptonomex Inc., a blockchain technology consulting business.[citation needed] He received his Bachelor of Science (BS) in Computer Science from Virginia Polytechnic Institute and State University in 2003.[4] After launching a virtual reality startup that failed, he worked in the defense, robotics and automation industries.[3] His interest in blockchains began in 2009, around the time Bitcoin was invented.[2][1]


Larimer developed the blockchain technology Graphene, which powers the BitShares cryptocurrency.[5]


BitShares logo.svg
Ticker symbolBTS
Original author(s)Daniel Larimer and Charles Hoskinson
Development statusCurrently under development
LicenseMIT License (open source)

In 2013, Larimer created BitShares.[3] BitShares were originally named ProtoShares and intended to function as shares of virtual companies.[1] It has since been described as a cryptocurrency platform,[6] a digital currency,[7] or a digital exchange.[8] It's organized as a decentralized autonomous organization (DAO).[9]


In 2016 Larimer left BitShares to co-found the blockchain Steem and the application Steemit, a social network which uses blockchain technology to reward users for their content, on top of it.[3] After co-founding Steemit together with Ned Scott, Larimer was CTO of the platform until March 14, 2017.[10][11]

Educational endeavors[edit]

On 29 November 2018, Larimer delivered a seminar about blockchain to discuss the blockchain technology in Virginia Tech's College . He also advised the university about curricular development because Block.one initiated $3 million commitment to the Department of Computer Science in Virginia Tech's College for blockchain learning development.[12]

On 26 January 2019, Larimer attended a blockchain boot camp at Virginia Tech's Blacksburg campus. The event is held by Virginia Tech and Block.one[13] to help students understand the latest EOSIO Blockchain technology.[14][15]

Interactions with Satoshi Nakamoto[edit]

On 29 June 2010, interactions between Larimer and Satoshi Nakamoto sparked one of the most famous[citation needed] quotes from Satoshi towards Larimer:

"If you don't believe me or don't get it, I don't have time to try to convince you, sorry." [16][non-primary source needed]


  1. ^ a b c Demmitt, Jacob (Mar 17, 2018). "Empty walls and big ambitions: Inside block.one, the $1.5 billion cryptocurrency startup taking shape in Blacksburg". The Roanoke Times. Retrieved 17 July 2018.
  2. ^ a b "Dan Larimer, Creator Of The Fastest Blockchains, Now Targeting Sub-second Latency In EOS". Cryptocoin.news. October 8, 2017.
  3. ^ a b c d e Kauflin, Jeff (Feb 7, 2018). "Dan Larimer's Path From Working On Weapons To Minting Crypto Riches". Forbes.
  4. ^ "Daniel Larimer - A Passion for Freedom via Decentralization".
  5. ^ Singh, Mohit (5 July 2017). "The Wizard behind Bitshares, Steem & EOS - How Dan Larimer is shaping our future". Retrieved 1 November 2018.
  6. ^ Bullock, Nicole (2 June 2018). "Blockchain start-up raises more than $4bn". FT.com. Retrieved 18 June 2018.
  7. ^ Samson, Adam (30 January 2018). "SEC accuses crypto-bank of fraud, halts $1bn initial coin offering". FT.com. Retrieved 18 June 2018.
  8. ^ Murray, Nate (19 November 2017). "100 cryptocurrencies described in four words or less". TechCrunch. Retrieved 18 June 2018.
  9. ^ Kaminska, Izabella (17 May 2016). "More decentralised autonomous organisation (DAO) mysticism". FT.com. Retrieved 18 June 2018.
  10. ^ "The Social Network Doling Out Millions in Ephemeral Money", WIRED, 4 October 2017, retrieved 1 November 2018
  11. ^ "Joint Statement". Steemit Inc. Retrieved 2019-03-13.
  12. ^ "Block.one CTO Dan Larimer to host discussion on the potential of Blockchain's potential at Virginia Tech". vtnews.vt.edu. Retrieved 2019-02-01.
  13. ^ "Block.one - High Performance Blockchain Solutions". Block.one. Retrieved 2019-02-04.
  14. ^ Block.one (2019-01-25). "We look forward to having students join our CTO, Dan Larimer (@bytemaster7) and team at the @virginia_tech and http://Block.one blockchain boot camp this Saturday, to get hands-on experience with #EOSIO. #EOS community - do you have any advice for the students?https://twitter.com/BEAMvt/status/1088069076386283520 …". @block_one_. Retrieved 2019-02-04. External link in |title= (help)
  15. ^ "Blockchain boot camp prepares students for work with emerging software platforms". vtnews.vt.edu. Retrieved 2019-02-04.
  16. ^ "Scalability and transaction rate". bitcointalk.org.

External links[edit]