[책의 향기]The drama of greed and battle surrounding Ethereum

by times news cr

2024-06-15 08:54:44

◇Ethereum Billionaires/Written by Laura Shin, Translated by Se-yeon Park/568 pages, 32,000 received, Knowledge Home

“My greatest remorse in Ethereum’s journey is selecting the eight co-founders too rapidly and letting all of them go away.”

This can be a put up posted by Vitalik Buterin, the founding father of the cryptocurrency Ethereum, on X (previously Twitter). Ethereum, thought of a cryptocurrency that may substitute Bitcoin, was created in 2014 by eight individuals, together with Buterin. They labored collectively to develop a expertise that might enable digital cash, which nobody may ever duplicate, to be despatched anyplace on the planet and not using a price.

Nevertheless, they quickly fall into battle. Whereas Buterin and different builders argued that Ethereum needs to be operated as a non-profit, Charles Hoskinson and others argued that it needs to be operated for revenue with funding. This distinction in administration philosophy finally resulted within the departure of all colleagues besides Buterin. It is like watching the drama of friendship and betrayal between laptop geniuses unfolded within the film ‘Fb’.

This guide is a chronicle of Ethereum written by a journalist who served as editor-in-chief of Forbes journal. By interviewing over 200 individuals, together with Ethereum builders, over a three-year interval, the key tales of the cryptocurrency world had been revealed in an attention-grabbing manner. For instance, an anecdote a couple of dispute over titles among the many administration group within the early days of Ethereum improvement additionally attracts consideration. Those that had been taken with commercialization had been obsessive about titles equivalent to CEO (CEO) and Chief Expertise Officer (CTO), however engineers who had been targeted on expertise improvement had been detached to this. In case you are within the working mechanism of Ethereum in addition to the interior drama of the builders’ philosophy, greed, and battle, I like to recommend studying it.


Reporter Kim Sang-woon [email protected]

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2024-06-15 08:54:44

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