Vitalik Buterin's Seven Deadly Crypto Sins
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3 Months Free + £10 Audible voucher
Vitalik Buterin's Seven Deadly Crypto Sins
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Narrated by:
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Jeffrey Dunston
We will explore, in detail, seven questions posed by the cocreator of Ethereum, Vitalik Buterin. The series was inspired by a discussion between Buterin and a WeChat group called “Mars Finance Global Family”.
The seven questions address some of the most relevant features of this booming cryptocurrency ecosystem, from mining, to governance, and everything in between.
Deadly sin number one: fear of 51 percent attacks
Deadly sin number two: no large-scale applications
Deadly sin number three: account insecurity
Deadly sin number four: five- to 10-second blockchain latency
Deadly sin number five: proof of work’s burning billions
Deadly sin number six: centralized proof of stake
Deadly sin number seven: The future is DAO
©2018 Jefferson Nunn (P)2019 Jefferson Nunn