Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts

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“A sober riposte to all of the upbeat forecasts about cryptocurrency” — New York Evaluate of Books
“A really convincing takedown of the entire phenomenon” — BBC Information

An experimental new Web-based type of cash is created that anybody can generate at residence; folks construct horrifying firetrap computer systems stuffed with video playing cards, placing out a lot warmth that one operator is hospitalised with heatstroke and mind injury.

A younger physics scholar begins a revolutionary new market proof against State coercion; he finally ends up ordering hits on folks as a result of they may threaten his nice experiment, and is jailed for all times with out parole.

Absolutely automated contractual programs are proposed to make enterprise and the regulation work higher; the contracts folks really write are unregulated penny inventory choices whose nice print actually states that you’re shopping for nothing of any worth.

The most important crowdfunding in historical past attracts $150 million on the promise that it’ll embody “the steadfast iron will of unstoppable code”; upon launch it’s instantly hacked, and $50 million is stolen.

How did we get right here?

David Gerard covers the origins and historical past of Bitcoin to the current day, the opposite cryptocurrencies it spawned together with Ethereum, the ICO craze and the 2017 crypto bubble, and the makes an attempt to use blockchains and sensible contracts to enterprise. Plus a case examine on blockchains within the music business.

Bitcoin and blockchains usually are not a expertise story, however a psychology story.

Bear in mind: if it sounds too good to be true, it nearly actually is.

Writer ‏ : ‎ CreateSpace Impartial Publishing Platform (July 24, 2017)
Language ‏ : ‎ English
Paperback ‏ : ‎ 182 pages
ISBN-10 ‏ : ‎ 1974000060
ISBN-13 ‏ : ‎ 978-1974000067
Merchandise Weight ‏ : ‎ 7.7 ounces
Dimensions ‏ : ‎ 5.5 x 0.41 x 8.5 inches