EOS, the once-lauded network for free and fast transactions, is worrying investors and traders, as the asset sees a more rapid capitulation compared to other projects. Following the price drop, founder Dan Larimer moved to reassure the community that he is not abandoning EOS but still indicated that he is working on a new project.

“Despite occasional criticism for being involved with several projects since the advent of Blockchain technology, it is this experience that has led to delivering the most performant, and now most adopted blockchain software: EOSIO. Unlike the previous application specific blockchains of my past, EOSIO is a foundational platform for my future endeavors,” Larimer wrote in a recent

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