Tag: BlockOne

EOS Community Revolts Against Brock Pierce’s Block.One, Won’t Pay 67M EOS

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EOS and Block.One are back on the news. Is this one positive or negative, though? The EOS Network Foundation, a community-led organization, voted to decouple from Block.One. The ENF alleges that Block.One is no longer working for the benefit of the network. The company that created EOS will not get the 67M EOS that they had coming distributed over the next seven years. Even though the infamous Brock Pierce resigned from the company years ago, this will also affect his finances. Related Reading | Peter Thiel and Bitmain Invest in…

EOS community ramps up battle for organization control against former developer Block.one

Members of the EOS ecosystem, a blockchain designed to power decentralized applications, or dApps, are voicing their dissatisfaction with former developer Block.one. As a result, they have formed their own organization and elected new leadership in an effort to revamp the network. As accessed by Cryptox, Yves La Rose, the “community-elected CEO” of the novel EOS Foundation, gave the following prepared statement during a virtual conference: “There’s no sugar-coating it, EOS as it stands is a failure. The last three years or so have been nothing but dwindling in terms…

Daniel Larimer Leaves His Post of Block.one CTO

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Shortly after Larimer’s resignation became public, EOS dropped by 18%. At press time, EOS is trading at $2.74 which shows a 30% drop. Daniel Larimer has announced his resignation from his post as the CTO of EOSIO developers Block.one which he has occupied since April 2017. The newly-resigned CTO posted his resignation to the EOS-backed social media app Voice. Additionally, the technologist, Larimer, is also the founder of the crypto exchange Bitshares. Daniel Larimer Announces Resignation as CTO of Block.one On the 10th of January, Larimer announced his resignation as…

Daniel Larimer, CTO of EOSIO developers block.one, resigns

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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 didn’t specify a reason for…

Block.one Launches EOSIO for Business as PwC Makes $1.76T 2030 Blockchain GDP Prediction

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Block.one today announced a new suite of enterprise service offerings designed to help organizations integrate blockchain-based solutions into their operations. The announcement comes following a recent PwC report that predicts blockchain has the potential to boost global gross domestic product (GDP) by $1.76 trillion. According to an email shared with Blockchain.News, the four new offerings will leverage Block.one’s performance-focused EOSIO software and will include Blockchain-as-a-Service (BaaS), consulting, technical support, and training and certification programs. PwC Predicts Huge Growth For Blockchain While blockchain is most known as the underlying infrastructure supporting…

Block.one Debuts Big-Business Version of EOSIO Blockchain

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Block.one, the company behind the multi-billion-dollar-backed EOS ecosystem, has its sights locked on the enterprise blockchain space. Announced Thursday, Block.one has released “EOSIO for Business,” an enterprise-focused version of its software featuring Blockchain-as-a-Service (BaaS), consulting, technical support and training and certification programs, the company said. Blockchain cloud services can offer businesses a quick and painless way to spin up digital ledgers on their preferred cloud computing platforms.  “Despite knowing the inherent benefits that blockchain will deliver to their business operations, many in-house product engineering teams are wary of the complexity…

Google Cloud Works with Block.one to Be EOS Blockchain Block Producer

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Google Cloud will be one of the 21 block producers on the EOS blockchain and will allow its open-source developer community to build applications on EOS. In a major development, Google Cloud has joined hands with Block.one to become part of the EOS blockchain community. On Tuesday, October 6, Block.one – the developer of EOSIO blockchain protocol – said that Google Cloud has shown interest in becoming the block producer for the EOS network. EOSIO is a semi-decentralized blockchain protocol with a network of only 21 block producers. Unlike other…

Brock Pierce Served for Securities Fraud in Connection with His Blockchain Company Block.one During Electoral Campaign

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Presidential hopeful Brock Pierce was served a court summons during his presidential campaign in front of his new headquarters in New York City today. US attorney James Koutoulas uploaded a video of when the class action caught Pierce by surprise. During a presidential campaign run that marked the opening of his New York City headquarters, Block.one co-founder Pierce was served by James Koutoulas’ legal team with a class-action lawsuit against the blockchain company. Koutoulas, the CEO of Typhon Capital Management and the lead attorney in the legal case against Pierce…

Block.One to Launch Social Media Platform Ahead of Schedule

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Voice, the social media platform by EOS creator Block.One, announced that it will launch on July 4. According to a Tweet posted by Voice Chief Executive Officer (CEO) Salah Zalatimo on June 6, the social media platform will be available to readers on U.S. Independence Day, with only registered users able to publish content or engage online.  “We had been building towards a big reveal this fall,” said Zalatimo, “but, we simply can’t wait any longer. We need to take social back from big tech NOW.” The platform had been…