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Cryptocurrency

No! EOS Developer Dan Larimer is Not Joining Tezos

Recently a rumor indicating Tezos’ plans to hire Dan Larimer started to circulate, and the entire crypto community was bewildered at the possibility.

Tezos is a blockchain company, established in 2017 by Kathleen and Arthur Breitman, as a platform that would be a programmable blockchain capable of supporting decentralized applications. Tezos would be acting more or less as Ethereum itself.

EOS is a platform designed as an operating system for decentralized Apps or dapps. EOS smart contracts and governance systems can also be used to set up Decentralized Autonomous Organizations (DAOs). EOS was started by Dan Larimer, considered to be one of the most important figures in the cryptocurrency world. Larimer is also the creator of the DPoS (Delegated Proof of Stake) consensus algorithm which is considered to be one of the most sophisticated consensus algorithms on the market today.

The rumor was started last month when around $9 Million was stolen from the EOS account because an EOS block producer didn’t keep up with the latest update. Emin Gün Sirer, a Tezos advisor, was quick to criticize the design flaw that allowed this theft to happen to tweet that

“EOS failed to build a Byzantine-fault-tolerant blacklist.”

He added :

“Just one faulty BP caused funds loss. That is not a strong security model. A system that claims to provide security in the presence of malicious actors must be able to tolerate multiple faults, not croak over because of a single misconfigured server.”

Brendan Blumer, the CEO of EOSIO, responded to the criticism by claiming that Tezos actually admires EOS’s design as they have been trying to hire their CTO.

Blumer tweeted :

“With all [due] respect, if EOS is so poorly designed, why is Tezos actively trying to hire [Dan Larimer] to build your protocol, also based on Dan’s DPOS inventions?”

Blumer Attached a screenshot of a mail sent by hiring agency Tocqueville Group, trying to get Larimer on board with Tezos. The email reads as:

“Hey Daniel, I’m searching for a CTO for the Tocqueville Group, an early stage business with a seven-year contract to build tools, infrastructure and ultimately – the Tezos protocol… I wanted to know if you would be keen on joining [as] a CTO,”

None of the Tezos team believe that Larimer will work on the project. Though, hiring Larimer is a logical step considering Tezos relies on a variant of DPoS consensus. However, the crypto community claims it is foolish on recruiter’s behalf to even think that a person responsible for one of the most successful blockchains, would accept a seven-year contract with a minor company.

The leaked email indicates the poor understanding of recruitment agencies about the blockchain world, and few have brushed off the entire affair as absurd.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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