Dan Larimer Predicts the Future (BitShares, Steemit, EOS)

Dan Larimer Predicts the Future (BitShares, Steemit, EOS)


Dan Larimer, the visionary creator behind BitShares, Steemit, and EOS is seemingly able to see the future. He balances a knowledge of technology, economics, and human nature to predict failures and design systems that are future-proof.

Point #1: Dan found Bitcoin in 2010 as a result of his own search for digital currency solutions
Point #2: Dan predicted Bitcoin could not be used (in it’s current architecture) for microtransactions, and alludes to Lightning-like (bit bank) solutions to the microtransaction use case.
Point #3: Dan predicts the need for a stable currency, and possible issues for pegged currencies like…..Tether. Wow.
Point #4: Dan sees the issue with Ethereum scaling, which we saw play out with CryptoKitties, and which Ethereum MUST address with second layer solutions.

Dan further took the approach of creating a SPECIFIC use case of a blockchain before creating the GENERALIZED platform. I think this is a better method, because…. how can you know what developers will need or their requirements for scale if you haven’t created a DAPP before? Dan created Steemit as a proof of concept to understand the requirements needed for EOS.

Dan Larimer questions Vitalik Buterin on Ethereum scalability: https://www.youtube.com/watch?v=mP82XmUNgNM

Discord: https://discord.gg/wye2Kt2
Twitter: https://twitter.com/BobbySibert

Related Post: