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Vitalik Buterin's Seven Deadly Crypto Sins cover art

Vitalik Buterin's Seven Deadly Crypto Sins

By: Jefferson Nunn, Liam Kelly
Narrated by: Jeffrey Dunston
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Publisher's Summary

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
Economics
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