Jul 31, 2017
“That’s the real sweet spot of what Dan has done…he invented the
real-time blockchain, and that means transactions happen as fast as
you can spin a slot machine,” says Stan Larimer, referencing his
son, Dan Larimer. As CEO of Cryptonomex, Stan Larimer sustains the
technology that his son creates. And it’s true: instead of taking
hours-or in some cases even days- tens of thousands of
blockchain-based transactions can now take place every second..
Cryptonomex began with the purpose of creating BitShares, which in
and of itself is an idea that’s just four years old. Since its
creation, it has become a “complete digital currency exchange and
SmartCoin factory,” says Stan Larimer. But that’s not all that has
evolved from Cryptonomex…Click play to learn more.
Larimer also discusses:
Steemit: what is it, how it was conceived, and how it evolved from
BitShares
“Bitcoin millionaires” and the “billion-dollar campaign”
The factors and mechanisms that allow for faster transactions,
including the elimination of mining, and the optimization of
computations