The Infinite Machine: How an Army of Crypto-hackers Is Building the Next Internet with Ethereum

The Infinite Machine: How an Army of Crypto-hackers Is Building the Next Internet with Ethereum

by Camila Russo
The Infinite Machine: How an Army of Crypto-hackers Is Building the Next Internet with Ethereum

The Infinite Machine: How an Army of Crypto-hackers Is Building the Next Internet with Ethereum

by Camila Russo

Hardcover

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Overview

Written with the verve of such works as The Big Short, The History of the Future, and The Spider Network, here is the fascinating, true story of the rise of Ethereum, the second-biggest digital asset in the world, the growth of cryptocurrency, and the future of the internet as we know it.

Everyone has heard of Bitcoin, but few know about the second largest cryptocurrency, Ethereum, which has been heralded as the "next internet."

The story of Ethereum begins with Vitalik Buterin, a supremely gifted nineteen-year-old autodidact who saw the promise of blockchain when the technology was in its earliest stages. He convinced a crack  group of coders to join him in his quest to make a super-charged, global computer.

The Infinite Machine introduces Vitalik’s ingenious idea and unfolds Ethereum’s chaotic beginnings. It then explores the brilliant innovation and reckless greed the platform—an infinitely adaptable foundation for experimentation and new applications—has unleashed and the consequences that resulted as the frenzy surrounding it grew: increased regulatory scrutiny, incipient Wall Street interest, and the founding team’s effort to get the Ethereum platform to scale so it can eventually be  accessible to the masses.

Financial journalist and cryptocurrency expert Camila Russo details the wild and often hapless adventures of a team of hippy-anarchists, reluctantly led by an ambivalent visionary, and lays out how this new foundation for the internet will spur both transformation and fraud—turning some into millionaires and others into felons—and revolutionize our ideas about money.



Product Details

ISBN-13: 9780062886149
Publisher: HarperCollins
Publication date: 07/14/2020
Pages: 352
Sales rank: 688,076
Product dimensions: 5.80(w) x 8.90(h) x 1.40(d)

About the Author

Camila Russo is one of the most prolific and dedicated cryptocurrency journalists, speaking frequently at industry events and appearing on major media outlets. She is the founder of crypto content platform The Defiant, and was a Bloomberg News reporter for eight years covering emerging markets, European stocks and digital assets from Buenos Aires, Madrid and New York City. She also worked at Chile’s largest national newspaper, El Mercurio and was awarded first place for online journalism by Brazil’s exchange operator BM&F Bovespa at the start of her career. She has a Master of Science degree from Northwestern University’s Medill School of Journalism and a bachelor’s degree from Pontificia Universidad Catolica de Chile. She lives in New York City.

Table of Contents

A Note to My Readers xi

Part I Groundwork

1 Mooning 3

2 Cypherpunks' Fever Dream 11

3 The Magazine 23

4 The Rabbit Hole 29

5 The Swiss Knife 37

Part II Prelaunch

6 The White Paper 51

7 The First Responders 61

8 The Miami House 75

9 The Announcement 85

10 The Town of Zug 91

11 The Spaceship 97

12 The White-Shoe Lawyers 107

13 The Red Wedding 117

14 The (Non)Investment 125

15 The Ether Sale 133

Part III Launch

16 Takeoff 145

17 The Shrinking Runway 159

18 The First Dapps 169

19 The Magic Lock 177

Part IV Lunar Orbit

20 The DAO Wars 185

21 The Fork 203

22 The Shanghai Attacks 213

Part V Near-Landing

23 The Burning Wick 221

24 Accidentally Ether Rich 227

25 The Mew IPO 235

26 The Friendly Ghost 245

27 The Boom 251

28 Futures and Cats 267

Part VI Back to Earth

29 The Crash 281

30 The Party 301

Acknowledgments 317

Notes 321

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