After almost six months after the launch of the EOS platform, its most prominent executives have given up the project development to start a new venture.
David Moss, Vice President of Operations; Thomas Cox, Vice President of Product; Brian Abramson, Vice President of Infrastructure; and Corey J. Lederer, Senior Director of Product Technology, are the four executives who left the project.
According to his LinkedIn profile, Moss was the first executive to resign. The former vice president of operations left Block.One in May this year, just before the launch of the EOS core network. Subsequently, Cox, Abramson, and Lederer left their positions between July and September to form a new venture dubbed StrongBlock, a company that will build apps on the EOS platform.
At the moment it is unknown what strategy they will use at StrongBlock to “grow” the EOS network. According to one of the former employees, who maintained his anonymity, the main reason for the departure was “a need in the market that Block.One is not willing to adorn”. However, these four were not the only casualties for the EOS technical team, since contractors Jon Eric-Cook and Michael S. Mason also left the project last August.
The loss of developers and executives stands out as a regular thing due to the short period that the network has been operating. The mainnet of EOS was launched in June, after a one-year-long ICO.
For EOS, the developers proposed to build an operating system that would allow the construction of programmable applications in CPU clusters. Also, the EOS blockchain would use the Steemit’s consensus mechanism, Delegated Participation Test (DPOS), to achieve transactions with small waiting times.
Furthermore, they wish to add Bitcoin’s Segregated Witness (SegWit), to eliminate data signatures in transactions which will reduce block space. Also, the developers stated that the system would be operational on any computer that has sufficient power to integrate the API developed by Block.One.
The main EOS network was launched with a couple of setbacks for the development team. Days before, the CTO of the project was informed by a group of Chinese researchers called Vulcan 360 about some errors that allowed the execution of arbitrary codes remotely. The error allowed attackers to take control of the network. The threat was vital since more than 50 percent of the EOS tokens had not yet been registered in the system. The crisis endangered the billions of dollars invested in the platform.
The EOS Foundation and Block.One have not commented on the news regarding StrongBlock, and it is unknown if the new company will affect the plans of EOS.