“Everything to do with cryptocurrencies and blockchains is the domain of fast-talking conmen. If anyone tries to sell you on either, kick them in the nuts and run.”
― Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts
― Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts
“Smart contracts on Ethereum are worse than even non-financial commercial code; as of May 2016, Ethereum contracts averaged 100 obvious bugs (so obvious a machine could spot them) per 1000 lines of code.348 (For comparison, Microsoft code averages 15 obvious bugs per 1000 lines, NASA spacecraft code around 0 per 500,000 lines.)”
― Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts
― Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts
“If you have programmers, they probably save their code in Git, which is the closest I can think of to a useful blockchain-like technology: it saves individual code edits as transactions in Merkle trees with tamper-evident hashes, and developers routinely copy entire Git repositories around, identifying them by hash. It’s a distributed ledger, but for computer programs rather than money.”
― Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts
― Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts
“David Golumbia’s The Politics of Bitcoin: Software as Right-Wing Extremism is a short but very useful academic survey that traces just where the Bitcoin cluster of crank political and economic ideas sprang from.”
― Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts
― Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts
“Hyperledger.org is a corporate open source Potemkin village of the sort IBM has long favoured: the illusion of an open project, with no “there” there.”
― Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts
― Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts
Liam’s 2025 Year in Books
Take a look at Liam’s Year in Books, including some fun facts about their reading.
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