Block.One is a blockchain software development company that is responsible for several major cryptocurrency endeavours, including the Ethereum competitor EOS. The company was founded by Brendan Blumer and Steem and Bitshares founder Dan Larimer in 2017. Blumer serves as Block.One’s Chief Executive Officer and Larimer as Chief Technical Officer.
EOS received a lot of notoriety when it raised a $4.1 billion in its ICO in early 2018. This was record breaking at the time, and set a lot of expectations for the project. In more recent times, Blumer himself has said that the development of a solid blockchain network and the market as a whole takes time.
While Block.One drives the development and vision of the EOS project, which is undoubtedly its biggest focus, it is also working on several other important, if not as groundbreaking, objectives, like the creation of decentralized applications (DApps).
The most recent of these is the development of a social media DApp on the EOS blockchain, called Voice. Blumer has described the project by directly referring to the skewed revenue generation and influence on centralized social media platforms. Voice will address advertising, security and privacy issues by being decentralized.
EOS takes a different approach to network development than Ethereum, and Block.One is quite vocal about how it is better than Ethereum as a network for DApps. The team has made numerous updates this year to improve network performance and usability. Many companies and developers are also building on the EOS network, which also competes, to a lesser degree, with the TRON project.