This article was not written for how much I knew about Dan, but the legendary and mysterious engineer did deserve our in-depth understanding of him as a dreamer of monetary circles that would not be overemphasized because he founded the bitte, steem, EOS to solve the existing problems in the blockchain is the initiator of the concept of DAC ("decentralized autonomous company").
The figure below is Dan deity,
background
Dan 2003 graduated from the Department of computer undergraduate university of Virginia, has been focused on the blockchain encryption technology, digital currency, distributed exchange, financial system etc..
In 2009, when he found bitcoin, he decided to create a new digital currency, and soon contacted with ccong at the bitcoin forum. He was so much shocked the center of the exchange because of human factors have closed since then Dan decided to start go to the center of the exchange, which is the BitShares (bit shares), he spent the next two years continuous improvement and optimization of the underlying technology to support to the center of the exchange, this technology is called Graphene is the underlying technology of BitShares and Steem.
Interestingly, Dan's father (Stan Larimer) is also an insider. He founded an encryption currency consulting company called Cryptonomex, and the company's CEO is also Dan.
BitShares (bit share)
To know what BitShares is, first of all, we should see what Dan herself says: What is BitShares. In short, BitShares is a product with wallet, account book, exchange, currency system, community and body. We in the exchange of BTS is running a token in the BitShares system, in addition, he also invented the BitsUSD, this is the first from the trust (compared to ripple network), and electronic currency currency anchor. The Dan in the original is even called a country (upgrading of the community), but these ideas are very advanced. Some people say it's a product that runs 10 years later, but many of BitShares's concepts are very similar to the previous failed project Dao of Ethernet.
Steem
Steem is a distributed database. Steemit is built on it. 07 years ago, Dan was the co founder and CTO of steamit, and also the chief architect of steem. The concept of steemit comes from social network and mutual aid society. Simply speaking, the money you donate to others on steemit will be returned to you when you need it most.
EOS
After Dan has finished steem, it will fight for the next item EOS. If you think BitsShares is hard to understand, ESO will be more difficult to grasp. Let's see what problems EOS wants to solve.
The 2. transaction is very expensive (once ICO, 10 ETH transfer costs have been spent 0.1 ETH)
Lack of connection between 3. chains and chains
The 4. block chain redefines the Internet, but it is difficult for the current company to apply it
And EOS is developing a block chain operating system for the company to use, and hope to solve the problem thoroughly.
The issuance of EOS tokens has begun and will last for a year. Good people can buy and hold on their own.
Steamit users evaluate Dan Larimer and his EOS
After EOS
I don't know what Dan will do after the last EOS, but in his character, it's definitely not going to stop.
