Difference between revisions of "Dan Larimer"

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==An Austrian Economist==
 
==An Austrian Economist==
  
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In January 4th, 2015, Dan wrote a blog post explaining his position about economy theories: [https://bytemaster.github.io/article/2015/01/04/Why-I-am-an-Austrian-Economist/ Why I am an Austrian Economist - Take 1]. The blog and principles of Austrian economic were criticized by many, along with Vitalik Buterin, one of the Ethereum's founders. Vitalik responded with a paper wrote by Bryan Caplan of George Mason university titled “[http://econfaculty.gmu.edu/bcaplan/whyaust.htm Why I am not an Austrian Economist]”. Caplan began as an Austrain economist and then switched after 8 years and a Ph.D in economics from Princeton.
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In January 4th, 2015, Dan wrote a blog post explaining his position about economy theories: [https://bytemaster.github.io/article/2015/01/04/Why-I-am-an-Austrian-Economist/ Why I am an Austrian Economist - Take 1]. The blog and principles of Austrian economic were criticized by many, along with [[Vitalik Buterin]], one of the [[Ethereum]]'s founders. Vitalik responded with a paper wrote by Bryan Caplan of George Mason university titled “[http://econfaculty.gmu.edu/bcaplan/whyaust.htm Why I am not an Austrian Economist]”. Caplan began as an Austrain economist and then switched after 8 years and a Ph.D in economics from Princeton.
  
 
Dan presented a sound argument in favour of Austrian economics, he wrote: "I am a very principled individual and am not easily impressed with fancy math. I like the Austrian approach to economics because it is an approach based upon principles and deductive/inductive reasoning." After two days, due to solid critique from [[Bitshares]] Talk forum folks he wrote another post ‘[https://bytemaster.github.io/article/2015/01/06/Why-I-am-an-Austrian-Economist-Take-2/ Why I am an Austrian Economist]’. There he reinforced: "I am an Austrian economist because it is the only theory of economics that is compatible with my mission to find free market solutions to secure the life, liberty, and property of all."
 
Dan presented a sound argument in favour of Austrian economics, he wrote: "I am a very principled individual and am not easily impressed with fancy math. I like the Austrian approach to economics because it is an approach based upon principles and deductive/inductive reasoning." After two days, due to solid critique from [[Bitshares]] Talk forum folks he wrote another post ‘[https://bytemaster.github.io/article/2015/01/06/Why-I-am-an-Austrian-Economist-Take-2/ Why I am an Austrian Economist]’. There he reinforced: "I am an Austrian economist because it is the only theory of economics that is compatible with my mission to find free market solutions to secure the life, liberty, and property of all."
  
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In July 3rd, 2017, the [[Steemian|steemian]] Mohit S. ([https://steemit.com/steemit/@mohit18jan/the-wizard-behind-bitshares-steem-and-eos-how-dan-larimer-is-shaping-our-future @mohit18jan]), after reading a lot of articles on [https://bytemaster.github.io/ Dan's blog] to understand his personality and to have a glimpse in to his world, confessed being  infected by the cult of Dan Larimer and defined him as a perfect mix of an economist and a programmer, he is like the Nikola Tesla of [[Blockchain]] technology.
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In July 3rd, 2017, the [[Steemian|steemian]] Mohit S. ([https://steemit.com/steemit/@mohit18jan/the-wizard-behind-bitshares-steem-and-eos-how-dan-larimer-is-shaping-our-future @mohit18jan]), after reading a lot of articles on [https://bytemaster.github.io/ Dan's blog] to understand his personality and to have a glimpse in to his world, confessed being  infected by the cult of Dan Larimer and defined him as a perfect mix of an economist and a programmer.
  
 
==The creation of Bitshares==
 
==The creation of Bitshares==

Revision as of 23:06, 8 July 2017

Danlarimer.png

Daniel Larimer received a Bachelor of Engineering (BE) in Computer Science from Virginia Polytechnic Institute and State University in 2003. He is a visionary software engineer and serial entrepreneur who is focused in the areas of blockchain technology, cryptocurrency, decentralized exchanges, economic systems and freedom.

Dan Larimer is the co-founder of Steemit, Inc and its CTO until march 2017. He's also the CEO of Cryptonomex, Inc. which is a blockchain technology consulting company. He also founded Bitshares and Invictus Innocations. He originated the idea of the "decentralized autonomous company" or DAC. In June 2016 Dan Larimer in his Steemit biog told that over the past three years he have worked with the Bitshares community to implement the worlds first Decentralized Autonomous Organization based upon many of the same principles as Ethereum's The DAO. Money was raised, tokens were allocated, and token holders were given the ability to vote on how to spend community money and set blockchain parameters.

Dan's stated mission in life is "to find free market solutions to secure life, liberty, and property for all.

An Austrian Economist

In January 4th, 2015, Dan wrote a blog post explaining his position about economy theories: Why I am an Austrian Economist - Take 1. The blog and principles of Austrian economic were criticized by many, along with Vitalik Buterin, one of the Ethereum's founders. Vitalik responded with a paper wrote by Bryan Caplan of George Mason university titled “Why I am not an Austrian Economist”. Caplan began as an Austrain economist and then switched after 8 years and a Ph.D in economics from Princeton.

Dan presented a sound argument in favour of Austrian economics, he wrote: "I am a very principled individual and am not easily impressed with fancy math. I like the Austrian approach to economics because it is an approach based upon principles and deductive/inductive reasoning." After two days, due to solid critique from Bitshares Talk forum folks he wrote another post ‘Why I am an Austrian Economist’. There he reinforced: "I am an Austrian economist because it is the only theory of economics that is compatible with my mission to find free market solutions to secure the life, liberty, and property of all."

In July 3rd, 2017, the steemian Mohit S. (@mohit18jan), after reading a lot of articles on Dan's blog to understand his personality and to have a glimpse in to his world, confessed being infected by the cult of Dan Larimer and defined him as a perfect mix of an economist and a programmer.

The creation of Bitshares

In 2009 he was attempting to engineer a digital currency when he discovered Bitcoin. He immediately got involved with Bitcoin and began communicating with Bitcoin creator, Satoshi Nakamoto in a Bitcoin forum. At this time he was alarmed by the amount of centralized exchanges being arbitrarily shut down. He came to the conclusion that decentralized exchanges would become necessary. It was at this time he created BitShares and invented BitUSD which is the first trustless cryptocurrency pegged to the dollar. The same concept was applied to Steem Dollar (SBD). For over two years he innovated and fine-tuned blockchain technology to support a decentralized exchange. The resulting technology is called Graphene and is what powers Bitshares and Steem.

The creation of Steem

If Bitshares was created to solve the issue of decentralized exchanges, Steem and Steemit are based on a combination of social networking and few concepts of mutual aid society. Before creating the Steemit, Dan mentioned the concept of a 'social network of mutual aid societies' as MUXER in his blog: 

Mutual Aid Society (published in December 31st, 2015).

In March, 15, 2017, Dan resigned Steemit, Inc with a post - Today I submitted my Resignation to Steemit, inc - published in his Steemit account.

The creation of EOS

Dan Larimer is currently the CTO of EOS, the blockchain operating system for commercial scale decentralized applications. It promises to have the capability to process millions of transactions per second through horizontal scaling. It has it's own constitution, the first of any Blockchain.


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References



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