Proof Of Stake
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Proof of Stake
Author: Vitalik Buterin
language: en
Publisher: Seven Stories Press
Release Date: 2022-09-27
The new book from one of TIME's 2021 most influential people Author was in Forbes 30 Under 30 Hall of Fame "A crucial contribution to development of a new technology that will impact all of our lives.” –Laura Shin, host of the Unchained podcast and author of The Cryptopians: Idealism, Greed, Lies, and the Making of the First Big Cryptocurrency Craze “Vitalik Buterin is one of the most influential creators of our generation....Like most of his work, it is sure to become a must-read.”–Camila Russo, author of The Infinite Machine, founder of The Defiant The ideas behind Ethereum in the words of its founder, describing a radical vision for more than a digital currency—reinventing organizations, economics, and democracy itself in the age of the internet. When he was only nineteen years old, in late 2013, Vitalik Buterin published a visionary paper outlining the ideas behind what would become Ethereum. He proposed to take what Bitcoin did for currency—replace government and corporate power with power shared among users—and apply it to everyday apps, organizations, and society as a whole. Now, less than a decade later, Ethereum is the second-most-valuable cryptocurrency and serves as the foundation for the weird new world of NFT artworks, virtual real estate in the metaverse, and decentralized autonomous organizations. The essays in Proof of Stake have guided Ethereum’s community of radicals and builders. Here for the first time they are collected from across the internet for new readers. They reveal Buterin as a lively, creative thinker, relentlessly curious and adventuresome in exploring the consequences of his invention. His writing stands in contrast to the hype that so often accompanies crypto in the public imagination. He presents it instead as a fascinating set of social, economic, and political possibilities, opening a window into a conversation that far more of us could be having. Media scholar Nathan Schneider provides introductions and notes.
The Future of Money
Author: Eswar S. Prasad
language: en
Publisher: Harvard University Press
Release Date: 2021-09-28
A cutting-edge look at how accelerating financial change, from the end of cash to the rise of cryptocurrencies, will transform economies for better and worse. We think weÕve seen financial innovation. We bank from laptops and buy coffee with the wave of a phone. But these are minor miracles compared with the dizzying experiments now underway around the globe, as businesses and governments alike embrace the possibilities of new financial technologies. As Eswar Prasad explains, the world of finance is at the threshold of major disruption that will affect corporations, bankers, states, and indeed all of us. The transformation of money will fundamentally rewrite how ordinary people live. Above all, Prasad foresees the end of physical cash. The driving force wonÕt be phones or credit cards but rather central banks, spurred by the emergence of cryptocurrencies to develop their own, more stable digital currencies. Meanwhile, cryptocurrencies themselves will evolve unpredictably as global corporations like Facebook and Amazon join the game. The changes will be accompanied by snowballing innovations that are reshaping finance and have already begun to revolutionize how we invest, trade, insure, and manage risk. Prasad shows how these and other changes will redefine the very concept of money, unbundling its traditional functions as a unit of account, medium of exchange, and store of value. The promise lies in greater efficiency and flexibility, increased sensitivity to the needs of diverse consumers, and improved market access for the unbanked. The risk is instability, lack of accountability, and erosion of privacy. A lucid, visionary work, The Future of Money shows how to maximize the best and guard against the worst of what is to come.
Blockchain for Smart Systems
Blockchain technology has been penetrating every aspect of Information and Communications Technology (ICT), and its use has been growing rapidly in recent years. The interest and development of this technology has primarily been driven by the enormous value growth of cryptocurrencies and large investments of venture capital in blockchain start-ups. Blockchain for Smart Systems: Computing Technologies and Applications is intended to clarify and define, in simple terms, the technology behind blockchain. It provides a deep dive into the core fundamentals of blockchain: hashing algorithm behind each block, distributed technology, smart contracts, and private vs. public blockchain. Features Discusses fundamental theories of practical and sophisticated applications of blockchain technology Includes case studies Discusses the concepts with illustrations, appropriate figures, tables, and simple language This book is primarily aimed at undergraduates, graduates, research scholars, academicians, and industry and technology enthusiasts working in various aspects of blockchain technology.