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Daniel Larimer

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Daniel Larimer is a software programmer and cryptocurrency serial entrepreneur. Larimer created the cryptocurrency platform BitShares (2014), was co-founder of the blockchain social platform Steemit (2016), and is CTO, a private company that was the original developer of EOS (2017).[2][3] Daniel Larimer was also the creator of the DPOS (Delegated Proof of Stake Algorithm) consensus algorithm and Graphene technology. In February 2018, Forbes estimated Larimer's net worth between $600 to $700 million.[3]

Daniel Larimer
ResidenceChristiansburg, Virginia[1]
Known forEOS, Steemit, and BitShares
Scientific career
FieldsComputer Science, Digital currencies


Personal lifeEdit

Dan Larimer's father is Stan Larimer, who worked for Boeing, and with whom he founded Cryptonomex Inc., a blockchain technology consulting business.[4] He received his Bachelor of Science (BS) in Computer Science from Virginia Polytechnic Institute and State University in 2003.[5] 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, in the early days of Bitcoin.[2][1]


Larimer developed the blockchain technology Graphene, which powers BitShares and the Steem token cryptocurrency.[6]


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

In 2013, Larimer started BitShares.[3] BitShares were originally named ProtoShares and intented to function as shares of virtual companies.[1] BitShares has since been described as a cryptocurrency platform,[7], a digital currency,[8] or a digital exchange.[9] It is organized as a decentralized autonomous organization (DAO).[10]


In 2016 Larimer left BitShares to found Steemit, a social network which uses blockchain technology to reward users.[3] After founding Steemit, Larimer was CTO of the platform until March 2017[11].


Interactions with Satoshi NakamotoEdit

The interactions between Daniel Larimer and Satoshi Nakamoto sparked one of the most infamous quotes from Satoshi towards Daniel Larimer:

"If you don't believe me or don't get it, I don't have time to try to convince you, sorry." [12]


  1. ^ a b c Demmitt, Jacob (Mar 17, 2018). "Empty walls and big ambitions: Inside, 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". 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. ^ "Meet Cryptonomex's Dan Larimer And His 'Four Horsemen' Of Crypto-Economics". Forbes. 2015.
  5. ^ "Daniel Larimer - A Passion for Freedom via Decentralization".
  6. ^ Singh, Mohit (5 July 2017). "The Wizard behind Bitshares, Steem & EOS - How Dan Larimer is shaping our future". Retrieved 1 November 2018.
  7. ^ Bullock, Nicole (2 June 2018). "Blockchain start-up raises more than $4bn". Retrieved 18 June 2018.
  8. ^ Samson, Adam (30 January 2018). "SEC accuses crypto-bank of fraud, halts $1bn initial coin offering". Retrieved 18 June 2018.
  9. ^ Murray, Nate (19 November 2017). "100 cryptocurrencies described in four words or less". TechCrunch. Retrieved 18 June 2018.
  10. ^ Kaminska, Izabella (17 May 2016). "More decentralised autonomous organisation (DAO) mysticism". Retrieved 18 June 2018.
  11. ^ "The Social Network Doling Out Millions in Ephemeral Money", WIRED, 4 October 2017, retrieved 1 November 2018
  12. ^

External linksEdit