Daniel Larimer talks on BitUSD
What is BitUSD? “With BitShares we are taking Bitcoin and we’re making it profitable, and bringing cryptographic US Dollars that are as secure and easy to use as Bitcoin. …what we want to do is we want to create a transparent banking where we create bitUSD by collateralizing it with a crypto-asset so the people who want price stability and the people who want leverage can meet, and then back bitUSD with a crypto asset by 300% so you are protected against the volatility and yet you still have all the benefits of bitcoin. Or perhaps the most exciting thing is there is so much demand for....
Related News
BitShares, the crypto-technology based enterprise level financial smart contract platform is diversifying from its overtly capitalistic focus to take a subtle philanthropic approach. The new blockchain based altruistic platform called Mutual Aid Society was proposed recently by Daniel Larimer. The Mutual Aid Society system referred to as MUXER is described by Daniel Larimer – the founder of BitShares as a social network to help those in need. His concept revolves around creating a group among the BitShares Community with a commitment to support the society. The structure of MUXER is....
In a short blog post on EOS social media platform Voice, Larimer hinted at future social media development Daniel Larimer, the CTO of EOSIO developers block.one and founder of early crypto exchange Bitshares and blockchain-based social media platform Steem, announced in a short blog post today that he has resigned. “[I] am proud of the EOSIO software I was able to create and launch with the help of an extremely talented group of engineers. Alas, all good things must come to an end. As of December 31, 2020 I have resigned my position as CTO of block.one,” the post read. While the post....
Steemit, a new social media platform where everyone gets paid to post online, has been released in beta. In the age of multiple social media platforms, many of them entrenched players, how will new users react to Steemit? Steemit is a relatively new company, founded in early 2016 by Ned Scott and Daniel Larimer. Ned Scott earlier worked for Gellert Global Group, a family-owned private equity group which holds many North American food companies. Daniel Larimer is the founder of Bitshares, which has the 11th largest market capitalization amongst all cryptocurrencies. Steemit is powered by....
Dan Larimer has left Block.one, the company that raised $4 billion to build the software behind the EOS blockchain.
Will 2015 be the year of the Decentralized Bitcoin exchange? 2014 and the very beginning of 2015 has seen major problems for two mighty Bitcoin exchanges: Bitstamp and Mt. Gox. Untold numbers of holders lost in excess of $500 million between the two failures, both of which appear to have been initiated by internal enemies to the exchange with nothing but greed for a motive. Also read: Mt. Gox As a Lesson in a New Kind of Inflation. Removing the Element of Trust from Bitcoin Exchanges. Daniel Larimer, one of the founders of BitShares, believes that decentralized exchanges using the....