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Proof of Stake: The Making of Ethereum and the Philosophy of Blockchains

por Vitalik Buterin

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1911,147,584 (3.33)1
"After Ethereum creator Vitalik Buterin dropped out of college and launched Bitcoin Magazine, he wrote the Ethereum white paper, which proposed an open source system that would take what Bitcoin did for money and do it for everything else: contracts, social networks, and sharing economies. Now, less than a decade later, his idea is valued at about half a trillion dollars, and it is the foundation for the weird new world of NFT artworks, virtual real estate, and decentralized autonomous organizations. Understanding and engaging with Buterin's ideas will be of growing importance as the consequences of his invention continue to unfold and inspire debate worldwide. These writings, collected from his essays before and during the rise of Ethereum, reveal Buterin to be a vivid and imaginative writer, and this edition includes context from media studies scholar Nathan Schneider. While many around him were focused on seeing the value of their tokens rise, Buterin was working through the problems and possibilities of crafting an Internet-native world"--… (más)
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Math genius takes economics seriously, terrible book ensues.

Needless to say Vitalik is a math and coding genius, and it shows in the ETH white paper and his article for fun math based games to play during Christmas.

The problem is that the rest of the book contents try to portray economics based solutions, to blockchain problems, that can never be proven as being completely wrong or right. I.e. games theory is a nice abstraction of real situations and an approach to modelling solutions but one should not take those as seriously as math proofs.

And if I have to read about "futarchy" again I swear to god I will commit suicide, or at the very least I will think about it, another nice concept that one should not pretend it can be implemented from one day to the next without big changes to society and for sure it does not merit being mentioned every few pages. ( )
  emed0s | Aug 3, 2023 |
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"After Ethereum creator Vitalik Buterin dropped out of college and launched Bitcoin Magazine, he wrote the Ethereum white paper, which proposed an open source system that would take what Bitcoin did for money and do it for everything else: contracts, social networks, and sharing economies. Now, less than a decade later, his idea is valued at about half a trillion dollars, and it is the foundation for the weird new world of NFT artworks, virtual real estate, and decentralized autonomous organizations. Understanding and engaging with Buterin's ideas will be of growing importance as the consequences of his invention continue to unfold and inspire debate worldwide. These writings, collected from his essays before and during the rise of Ethereum, reveal Buterin to be a vivid and imaginative writer, and this edition includes context from media studies scholar Nathan Schneider. While many around him were focused on seeing the value of their tokens rise, Buterin was working through the problems and possibilities of crafting an Internet-native world"--

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