Remove tag ethereum
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Decentralized Systems Don't Care

Phil Windley

Comparing Bitcoin's current situation to Ethereum's is instructive. Ethereum is different. But Ethereum is also undergoing a dramatic transition, called "the merge" , that will move the underlying ledger from proof-of-work to proof-of-stake. Tags: decentralization legitimacy coherence. Schumaker (Public Domain).

System 52
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Legitimacy and Decentralized Systems

Phil Windley

In The Most Important Scarce Resource is Legitimacy , Vitalik Buterin, the creator of Ethereum, discusses why legitimacy is crucial for the success of any decentralized endeavor. Tags: legitimacy decetrnalization. I remember people in the 90’s asking “Who’s in charge of the internet?”. Or why some hard forks succeed and others don't.

System 59
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Ozzy Osbourne’s NFT project shared a scam link, and followers lost thousands of dollars

The Verge

An Ethereum wallet address Silman indicated was linked to the scammers had received a series of incoming transactions totaling 14.6 I tagged them a few times in various tweets, as have a few other people, but no response,” he said. “If you look at the transactions on Etherscan, others lost a lot more than me.”.

Nonprofit 113
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What We Learn about Self-Sovereignty from CryptoKitties

Phil Windley

The border, in this case, is defined by Ethereum, the ERC-721 specification, the smart contract, and my private keys in my wallet. The only thing that can take my CryptoKitty away from me is Ethereum going away. Tags: non+fungible+tokens sovrin self-sovereignty ethereum.

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The Hacker Mind Podcast: Fuzzing Crypto

ForAllSecure

Guido Vranken returns to The Hacker Mind to discuss his CryptoFuzz tool on GitHub, as well as his experience fuzzing and finding vulnerabilities in cryptographic libraries and also within cryptocurrencies such as Ethereum. Say I have Ethereum and I want to convert it to Bitcoin. So maybe you’re familiar with Bitcoin or Ethereum.

Network 52
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Using a Theory of Justice to Build a Better Web3

Phil Windley

Someone recently said (I wish I had a reference) that using your Ethereum address for your online identity is like introducing yourself at a party using your bank balance. Tags: web3 freedom agency ssi. And if we do it wrong, we destroy the very thing we're trying to promote. A bit awkward at least. Rewarding Participation.

Internet 110
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Crypto’s winter is here again. How long will it last?

Vox

Tag line: “Don’t miss out on crypto.”. trillion in value has disappeared since last fall as cryptocurrencies have plunged: Bitcoin is down 56 percent from its peak in November; ethereum is down about 63 percent. And now the crash: Something like $1.5 Don’t even ask about Dogecoin.

Media 94