"Truth is stranger than fiction, in the world of cryptocurrencies. Not so long ago, in June 2016, there was a bug in line 666 of Ethereum's code which enabled $55 million to be stolen in a nanosecond. The remaining $100 million barely escaped the same fate. There's no FDIC for digital currency. This was a nightmare scenario for the entire virtual money and commerce model. Vitalik Buterin, the 20-year-old creator of the program, desperately implemented a highly controversial fix that may ultimately prove be much more ...
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"Truth is stranger than fiction, in the world of cryptocurrencies. Not so long ago, in June 2016, there was a bug in line 666 of Ethereum's code which enabled $55 million to be stolen in a nanosecond. The remaining $100 million barely escaped the same fate. There's no FDIC for digital currency. This was a nightmare scenario for the entire virtual money and commerce model. Vitalik Buterin, the 20-year-old creator of the program, desperately implemented a highly controversial fix that may ultimately prove be much more problematic worse than the crime in the eyes of many: he reversed time to a point before the theft happened, thereby nullifying the $55 million theft while reinstating all valid transactions. This was an extremely controversial move, since it sent a clear message that all transactions could be wiped out after the fact, which would create a chaotic situation. All stakeholders in the multibillion-dollar digital currency economy are struggling to explain and understand the future of money in the wake of the Ethereum crisis and the way its founder unilaterally chose to cure it. This remarkable event marked the beginning of one of the largest digital heists in history, and as it wore on that morning it gained viewers from Rio de Janeiro to New York to Tokyo. You could have watched it too if you knew how to point your computer browser to the right place. That's because it played out on the blockchain, a breakthrough in computer science that enabled Bitcoin to go from a mere idea in 2008 to a $121 billion unstoppable digital currency today. What a coder named Jentztsch had done was build an investment fund that relied on blockchain software to allow anyone in the world to invest their money with him. What he hadn't meant to do was insert a bug in his code, a mistake on line 666 to be exact, that provided a backdoor for the thief to enter and drain the fund of money. About $55 million would be stolen before the morning was over, yet that was only the beginning"--
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Add this copy of Out of the Ether: the Amazing Story of Ethereum and the to cart. $2.19, very good condition, Sold by ThriftBooks-Atlanta rated 5.0 out of 5 stars, ships from Austell, GA, UNITED STATES, published 2020 by Wiley.
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Add this copy of Out of the Ether: the Amazing Story of Ethereum and the to cart. $2.19, good condition, Sold by ThriftBooks-Dallas rated 5.0 out of 5 stars, ships from Dallas, TX, UNITED STATES, published 2020 by Wiley.
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This item is in overall good condition. Covers and dust jackets are intact but may have minor wear including slight curls or bends to corners as well as cosmetic blemishes including stickers. Pages are intact but may have minor highlighting/ writing. Binding is intact; however, spine may have slight wear overall. Digital codes may not be included and have not been tested to be redeemable and/or active. Minor shelf wear overall. Please note that all items are donated goods and are in used condition. Orders shipped Monday through Friday! Your purchase helps put people to work and learn life skills to reach their full potential. Orders shipped Monday through Friday. Your purchase helps put people to work and learn life skills to reach their full potential. Thank you!
Add this copy of Out of the Ether: the Amazing Story of Ethereum and the to cart. $3.99, fair condition, Sold by Goodwill of Greater Milwaukee rated 5.0 out of 5 stars, ships from Milwaukee, WI, UNITED STATES, published 2020 by Wiley.
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Fair. The cover has visible markings and wear. The dust jacket shows normal wear and tear. The pages show normal wear and tear. Codes or product keys that accompany this product may not be valid. Fast Shipping in a Standard Poly Mailer!
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Fine. Shows very minimal signs of wear and previous use. A portion of your purchase benefits nonprofits! -Note: Edition & format may differ from what is shown in stock photo & item details. May not include supplementary material (toys, access code, dvds, etc).
