Topics /

Crypto & Blockchain

The most popular blog posts about crypto & blockchain on Hacker News. 127 posts.

2022
1

My First Impressions of Web3

Despite considering myself a cryptographer, I have not found myself particularly drawn to “crypto.” I don’t think I’ve ever actually said the words “get off my lawn,” but I’m much more likely to click on Pepperidge Farm Remembers flavored memes about how “crypto” used to mean “cryptography” than ...

4

AWS and Blockchain

This week saw the cancellation of the Australian Stock Exchange’s long-running effort to build a blockchain-based trading system. Which, oddly, has me thinking of 2016, when AWS decided not to make a strategic investment in blockchain, with my input a contributing factor. It felt like a good story while it was…

8

It’s not still the early days of blockchain

When I speak about the inefficiency of popular blockchains, or mention that we seem to be hurtling towards a 'web3' so centralized it challenges big tech's firm grasp on today's web, or point out that somehow no one has managed to find a positive use for blockchains that wouldn't be better served by one of the many…

10

Web3 is expensive P2P

Web3 claims to be the only way to save us from commercial entities defining what we can see and what not. Yet, it does exactly this: It results in commercialized entities defining what we can see and what not. More on the blockchain ecosystem in this overview and especially in the simple, hum

12

Crypto is an unproductive bubble

This post sparked a great conversation on Hacker News! See the comments here.Another update: Scott Alexander just (12/8/22) wrote the best counterpoint to this that I’ve read – see it here “The four most expensive words in investing are: ‘This time it’s different.’” John Templeton I’m writing this essay not so much to…

13

Web3 is centralized

I've long been interested in the decentralization of computing and communication in general, and of the web in particular. The trend of communication and information becoming more and more centralized in large corporations is worrying and worth fighting against, particularly from the perspective of systemic risk. I…

14

Arrest of suspected developer of Tornado Cash

On Wednesday 10 August, the FIOD arrested a 29-year-old man in Amsterdam. He is suspected of involvement in concealing criminal financial flows and facilitating money laundering through the mixing of cryptocurrencies through the decentralised Ethereum mixing service Tornado Cash. Multiple arrests are not ruled out…

26

Lets talk about blockchains

A blockchain, put simply, is a way of building distributed consensus in a trustless system. It allows multiple entities (i.e. computers) to collaborate and do computations without needing to trust in either a central authority or in each other, as every computation must be verified before it is accepted. There are…