Creator of $4.1 Billion Crypto Asset EOS Unveils New Altcoin Project

Blockchain developer Dan Larimer is announcing Clarion, a new crypto project that aims to provide a decentralized social networking experience.

Larimer created the crypto platform EOS in 2017, which raked in an historic $4.1 billion in its initial coin offering (ICO).

He says that Clarion will offer a revamped solution to the problem of creating a censorship-free social network. The team aims to provide “the performance and reliability of a ‘centralized service’ with the freedom and independence of a logically decentralized network.”

Because the project intends to utilize a progressive Web Application and will focus on building a messaging protocol rather than another blockchain, Clarion may be able to achieve scalability much easier than some of its crypto counterparts as it does not have to carefully confirm transactions.

The Clarion OS hopes to offer users the ability to interact with other individuals on large and small scales.

“The core of the Clarion OS is a friend-to-friend message propagation protocol that enables the following kinds of message flows between cryptographic identities:

1. asynchronous person to person (like email)
2. realtime person to person (video/chat)
3. one to many (like tweet/Facebook)
4. many to many (like an open chatroom/blockchain)”

Ultimately, the team hopes to rival Big Tech and bring back a more decentralized form of the internet that existed before companies like Facebook and Twitter took control of such a large portion of the market.

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Featured Image: Shutterstock/FlashMovie