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Chapter 2: The Key Players
Bitcoin is poised to launch a revolution, one that
could reinvent traditional financial and social structures
while bringing billions of people into a new global
economy. Cryptocurrencies hold the promise of a
system without the middleman. The digital currency
world will take place because the underlying
technology is here to stay. No digital currency will
replace the dollar soon, but the technology will become
ever more popular.
So, let’s say you own a business and you want to
set a blockchain network to trace transactions. How do
you do it? Dan Larimer, a Virginia Tech graduate, will
provide the expertise through his company Block.one.
Through its open-source platform, Block.one will help
you create platforms and tools that enable the building
of your blockchain network. Developers can apply the
tools to run on unique blockchains, much like Bill Gates
and Microsoft created the Windows operating system.
You can find more information about Block.one at
https://block.one/.
Dan Larimer is also the developer of the Steem
cryptocurrency—Steem is the foundational
cryptocurrency of the Steemit network. Owners of the
Steem currency can exchange it for bitcoin or other
cryptocurrencies via several prominent exchanges. The
Steem currency is the backbone of Steemit. Steemit is
a social media platform where everyone gets paid for
creating and curating content. It leverages digital points
system (Steem) for digital rewards.
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