Mining Ethereum on M1 Mac GPU
I’ve had my M1 MacBook Air for a bit of time now, and I also recently started mining Ethereum. I can’t help asking myself: What’s Ethereum mining performance like on a M1 Mac?
Attacking the DeFi ecosystem with flash loans for fun and profit (2020)
This article will examine in details what happened during the two transactions that exploited vulnerabilities to open under-collateralized positions in bZx, causing a loss of equity worth more than a million dollar in total.
Finally, a Private Stock Exchange
Today was a big day. In 2013 we raised our seed round on the pitch of “building the Nasdaq for private markets.” Eight years later we call…
Bitcoin as a Battery
One of my favorite things about crypto is that, every so often, your conception of what it is changes. Bitcoin at first was “weird internet money” and then it was “a protocol” and then it was “digital gold”. Ethereum is “ICOs”, or maybe “DeFi”, or maybe “Web3”, or maybe all three, or maybe something...
I Am Parting with My Crypto Library
The time has come for me to find a new home for my (paper) cryptography library. It’s about 150 linear feet of books, conference proceedings, journals, and monographs—mostly from the 1980s, 1990s, and 2000s. My preference is that it goes to an educational institution, but will consider a corporate or personal home if…
Interview with Vitalik Buterin on ETH2, Scaling Plans, NFTs, etc.
Please enjoy this transcript of my conversation with Vitalik Buterin and Naval Ravikant. Vitalik Buterin (@VitalikButerin) is the creator of Ethereum. He first discovered blockchain and cryptocurrency technologies through Bitcoin in 2011 and was immediately excited by the technology and its potential. He co-founded…
Cryptography behind the top cryptocurrencies
This table is based on research at Nash for work expanding our MPC protocol to secure wallets on new blockchains. We took a snapshot of rankings by market cap in early February 2021. In summary, 74 coins use ECDSA and the secp256k1 curve, including Bitcoin, Ethereum, and 48 ERC20 tokens. 10 coins use EdDSA and…
Web3 is not Decentralisation – it’s a Ploy to put Crypto Bros in Charge
People are right to be concerned about the centralisation of power on the Web — but we embrace blockchain at our peril
Using Benford’s Law to Detect Bitcoin Manipulation
Economist Gary Smith sends along this post with the above title and the subtitle, “Market prices are not invariably equal to intrinsic values.” Here’s Smith:
An Economic Analysis of Ethereum
Originally published: January 2021 The anonymous founder of Bitcoin, Satoshi Nakamoto, solved the hard problems associated with digital scarcity with a white paper in 2008, and launched Bitcoin in 2009. After that invention, numerous other projects came in its wake. There are now over 8,000 separate digital assets…
Filecoin, StorJ and the problem with decentralized storage (2019)
Blockchains for everything Decentralized storage services such as Filecoin and StorJ seek to disrupt the data-storage industry, using blockchain tokens to create a competitive marketplace that can …
I, Token: The untold story of the hole in Bitcoin's heart
The untold story of the hole in Bitcoin's heart
Man Robbed of 16 Bitcoin Sues Young Thieves’ Parents
In 2018, Andrew Schober was digitally mugged for approximately $1 million worth of bitcoin. After several years of working with investigators, Schober says he’s confident he has located two young men in the United Kingdom responsible for using a clever piece of digital clipboard-stealing malware to siphon his crypto…
NFT misconception: JPEG aren't stored on the Blockchain
Today’s biggest misconception about NFTs is that they’re “jpeg” images stored on the Ethereum blockchain, it’s not. Probably because that digital art can be easy to visualize, and famous artists attempt today to sell their digital art as an NFT on a platform such as Opensea, it has gained lot of attention these past…
Bitcoin's Energy Usage Isn't a Problem. Here's Why.
Updated for 2023, this report is a deep dive on Bitcoin's energy usage and long-term scaling approach, with data tables and case studies.