Summary Of David Gerard S Attack Of The 50 Foot Blockchain

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Attack Of The 50 Foot Blockchain
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Author : David Gerard
language : en
Publisher: David Gerard
Release Date : 2017-07-24
Attack Of The 50 Foot Blockchain written by David Gerard and has been published by David Gerard this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-24 with Business & Economics categories.
An experimental new Internet-based form of money is created that anyone can generate at home; people build frightening firetrap computers full of video cards, putting out so much heat that one operator is hospitalised with heatstroke and brain damage. A young physics student starts a revolutionary new marketplace immune to State coercion; he ends up ordering hits on people because they might threaten his great experiment, and is jailed for life without parole. Fully automated contractual systems are proposed to make business and the law work better; the contracts people actually write are unregulated penny stock offerings whose fine print literally states that you are buying nothing of any value. The biggest crowdfunding in history attracts $150 million on the promise that it will embody “the steadfast iron will of unstoppable code”; upon release it is immediately hacked, and $50 million is stolen. How did we get here? David Gerard covers the origins and history of Bitcoin to the present day, the other cryptocurrencies it spawned including Ethereum, the ICO craze and the 2017 crypto bubble, and the attempts to apply blockchains and smart contracts to business. Plus a case study on blockchains in the music industry. Bitcoin and blockchains are not a technology story, but a psychology story. Remember: if it sounds too good to be true, it almost certainly is. “A sober riposte to all the upbeat forecasts about cryptocurrency” — New York Review of Books “A very convincing takedown of the whole phenomenon” — BBC News
Summary Of David Gerard S Attack Of The 50 Foot Blockchain
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Author : Everest Media,
language : en
Publisher: Everest Media LLC
Release Date : 2022-04-16T22:59:00Z
Summary Of David Gerard S Attack Of The 50 Foot Blockchain written by Everest Media, and has been published by Everest Media LLC this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-04-16T22:59:00Z with Business & Economics categories.
Please note: This is a companion version & not the original book. Sample Book Insights: #1 The developed world has mostly come to use banks to transfer money between accounts, using digital money. However, this isn’t a complete solution since a shop’s card reader could be down, your payment gateway might charge fees, and you may want to send money to someone not on the same banking network. #2 Bitcoins are a bit like money in a bank account with a debit card, except there is no safety net and no way to reverse a transaction. You can earn, spend, save, and invest them, but they aren’t actually yours. #3 Bitcoin is secured by math. The blockchain is a digital ledger that is tamper-evident. It contains every confirmed transaction since January 2009. #4 Bitcoin is a digital currency that requires competitive Proof of Work to write to the ledger. The competition gets viciously Darwinian very quickly, and the electricity is literally wasted for the sake of decentralisation.
The Politics Of Bitcoin
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Author : David Golumbia
language : en
Publisher: U of Minnesota Press
Release Date : 2016-09-26
The Politics Of Bitcoin written by David Golumbia and has been published by U of Minnesota Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-26 with Computers categories.
Since its introduction in 2009, Bitcoin has been widely promoted as a digital currency that will revolutionize everything from online commerce to the nation-state. Yet supporters of Bitcoin and its blockchain technology subscribe to a form of cyberlibertarianism that depends to a surprising extent on far-right political thought. The Politics of Bitcoin exposes how much of the economic and political thought on which this cryptocurrency is based emerges from ideas that travel the gamut, from Milton Friedman, F.A. Hayek, and Ludwig von Mises to Federal Reserve conspiracy theorists. Forerunners: Ideas First is a thought-in-process series of breakthrough digital publications. Written between fresh ideas and finished books, Forerunners draws on scholarly work initiated in notable blogs, social media, conference plenaries, journal articles, and the synergy of academic exchange. This is gray literature publishing: where intense thinking, change, and speculation take place in scholarship.
Blockchain Regulation And Governance In Europe
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Author : Michèle Finck
language : en
Publisher: Cambridge University Press
Release Date : 2019
Blockchain Regulation And Governance In Europe written by Michèle Finck and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Business & Economics categories.
Finck examines the emergence of blockchains (and other forms of distributed ledger technologies) and the implications for regulation and governance.
Digital Cash
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Author : Finn Brunton
language : en
Publisher: Princeton University Press
Release Date : 2020-10-13
Digital Cash written by Finn Brunton and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-13 with Business & Economics categories.
The fascinating untold story of digital cash and its creators—from experiments in the 1970s to the mania over Bitcoin and other cryptocurrencies Bitcoin may appear to be a revolutionary form of digital cash without precedent or prehistory. In fact, it is only the best-known recent experiment in a long line of similar efforts going back to the 1970s. But the story behind cryptocurrencies like Bitcoin and its blockchain technology has largely been untold—until now. In Digital Cash, Finn Brunton reveals how technological utopians and political radicals created experimental money to bring about their visions of the future: to protect privacy, bring down governments, prepare for apocalypse, or launch a civilization of innovation and abundance that would make its creators immortal. Filled with marvelous characters, stories, and ideas, Digital Cash is an engaging and accessible account of the strange origins and remarkable technologies behind today's cryptocurrency explosion.
Mastering Blockchain
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Author : Lorne Lantz
language : en
Publisher: O'Reilly Media
Release Date : 2020-11-13
Mastering Blockchain written by Lorne Lantz and has been published by O'Reilly Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-13 with Computers categories.
The future will be increasingly distributed. As the publicity surrounding Bitcoin and blockchain has shown, distributed technology and business models are gaining popularity. Yet the disruptive potential of this technology is often obscured by hype and misconception. This detailed guide distills the complex, fast moving ideas behind blockchain into an easily digestible reference manual, showing what's really going on under the hood. Finance and technology pros will learn how a blockchain works as they explore the evolution and current state of the technology, including the functions of cryptocurrencies and smart contracts. This book is for anyone evaluating whether to invest time in the cryptocurrency and blockchain industry. Go beyond buzzwords and see what the technology really has to offer. Learn why Bitcoin was fundamentally important in blockchain's birth Learn how Ethereum has created a fertile ground for new innovations like Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs) and Flash Loans Discover the secrets behind cryptocurrency prices and different forces that affect the highly volatile cryptocurrency markets Learn how cryptocurrencies are used by criminals to carry out nefarious activities Discover how enterprise and governments are leveraging the blockchain including Facebook Understand the challenges of scaling and forking a blockchain Learn how different blockchains work Learn the language of blockchain as industry terms are explained
Global Economic History
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Author : Robert C. Allen
language : en
Publisher: OUP Oxford
Release Date : 2011-09-15
Global Economic History written by Robert C. Allen and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-09-15 with Business & Economics categories.
Why are some countries rich and others poor? In 1500, the income differences were small, but they have grown dramatically since Columbus reached America. Since then, the interplay between geography, globalization, technological change, and economic policy has determined the wealth and poverty of nations. The industrial revolution was Britain's path breaking response to the challenge of globalization. Western Europe and North America joined Britain to form a club of rich nations by pursuing four polices-creating a national market by abolishing internal tariffs and investing in transportation, erecting an external tariff to protect their fledgling industries from British competition, banks to stabilize the currency and mobilize domestic savings for investment, and mass education to prepare people for industrial work. Together these countries pioneered new technologies that have made them ever richer. Before the Industrial Revolution, most of the world's manufacturing was done in Asia, but industries from Casablanca to Canton were destroyed by western competition in the nineteenth century, and Asia was transformed into 'underdeveloped countries' specializing in agriculture. The spread of economic development has been slow since modern technology was invented to fit the needs of rich countries and is ill adapted to the economic and geographical conditions of poor countries. A few countries - Japan, Soviet Russia, South Korea, Taiwan, and perhaps China - have, nonetheless, caught up with the West through creative responses to the technological challenge and with Big Push industrialization that has achieved rapid growth through investment coordination. Whether other countries can emulate the success of East Asia is a challenge for the future. ABOUT THE SERIES: The Very Short Introductions series from Oxford University Press contains hundreds of titles in almost every subject area. These pocket-sized books are the perfect way to get ahead in a new subject quickly. Our expert authors combine facts, analysis, perspective, new ideas, and enthusiasm to make interesting and challenging topics highly readable.
The Voynich Manuscript
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Author : M. E. D'Imperio
language : en
Publisher:
Release Date : 1978
The Voynich Manuscript written by M. E. D'Imperio and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Ciphers categories.
In spite of all the papers that others have written about the manuscript, there is no complete survey of all the approaches, ideas, background information and analytic studies that have accumulated over the nearly fifty-five years since the manuscript was discovered by Wilfrid M. Voynich in 1912. This report pulls together all the information the author could obtain from all the sources she has examined, and to present it in an orderly fashion. The resulting survey will provide a firm basis upon which other students may build their work, whether they seek to decipher the text or simply to learn more about the problem.
A Brief History Of Cryptology And Cryptographic Algorithms
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Author : John F. Dooley
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-09-24
A Brief History Of Cryptology And Cryptographic Algorithms written by John F. Dooley and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-09-24 with Computers categories.
The science of cryptology is made up of two halves. Cryptography is the study of how to create secure systems for communications. Cryptanalysis is the study of how to break those systems. The conflict between these two halves of cryptology is the story of secret writing. For over 2,000 years, the desire to communicate securely and secretly has resulted in the creation of numerous and increasingly complicated systems to protect one's messages. Yet for every system there is a cryptanalyst creating a new technique to break that system. With the advent of computers the cryptographer seems to finally have the upper hand. New mathematically based cryptographic algorithms that use computers for encryption and decryption are so secure that brute-force techniques seem to be the only way to break them – so far. This work traces the history of the conflict between cryptographer and cryptanalyst, explores in some depth the algorithms created to protect messages, and suggests where the field is going in the future.
Attack Of The 50 Foot Blockchain
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Author : David Gerard
language : en
Publisher: David Gerard
Release Date : 2017-07-24
Attack Of The 50 Foot Blockchain written by David Gerard and has been published by David Gerard this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-24 with Business & Economics categories.
An experimental new Internet-based form of money is created that anyone can generate at home; people build frightening firetrap computers full of video cards, putting out so much heat that one operator is hospitalised with heatstroke and brain damage. A young physics student starts a revolutionary new marketplace immune to State coercion; he ends up ordering hits on people because they might threaten his great experiment, and is jailed for life without parole. Fully automated contractual systems are proposed to make business and the law work better; the contracts people actually write are unregulated penny stock offerings whose fine print literally states that you are buying nothing of any value. The biggest crowdfunding in history attracts $150 million on the promise that it will embody “the steadfast iron will of unstoppable code”; upon release it is immediately hacked, and $50 million is stolen. How did we get here? David Gerard covers the origins and history of Bitcoin to the present day, the other cryptocurrencies it spawned including Ethereum, the ICO craze and the 2017 crypto bubble, and the attempts to apply blockchains and smart contracts to business. Plus a case study on blockchains in the music industry. Bitcoin and blockchains are not a technology story, but a psychology story. Remember: if it sounds too good to be true, it almost certainly is. “A sober riposte to all the upbeat forecasts about cryptocurrency” — New York Review of Books “A very convincing takedown of the whole phenomenon” — BBC News