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    Cover of The Infinite Machine

    The Infinite Machine

    Camila Russo · 2020

    "Everyone has heard of Bitcoin, but few know about the second-largest blockchain, Ethereum, which has been heralded as the "next internet." The story of Ethereum begins with Vitalik Buterin, a supremely gift nineteen-year-old autodidact who saw the promise of blockchain when the technology was in its earliest stages. He convinced a crack group of coders to join him in his quest to make a supercharged global computer. The Infinite Machine introduces Buterin's ingenious idea and unfolds Ethereum's chaotic beginnings. It then explores the brilliant innovation and reckless greed the platform--an infinitely adaptable foundation for experimentation and new applications--has unleashed and the consequences that resulted as the frenzy surrounding Ethereum grew: increased regulatory scrutiny, incipient Wall Street interest, and the founding team's effort to get the platform to scale so it can eventually be accessible to the masses. Financial journalist and cryptocurrency expert Camila Russo details the wild and often hapless adventures of a team of hippie anarchists reluctantly led by the ambivalent visionary, and lays out how this new foundation for the internet will spur both transformation and fraud--turning some into millionaires and others into felons--and revolutionize our ideas about money." --inside cover

    Economics & FinanceComputer ScienceWeb & Internet
    Open LibraryAmazon
    Stats for nerds
    0recommend
    2mentions
    2people
    2021–2022years
    100% neutral

    Mentions per year

    20212022

    What Hacker News says

    1. BostonianMar 2022
      The books reviewed are

      "The Cryptopians: Idealism, Greed, Lies, and the Making of the First Big Cryptocurrency Craze" by Laura Shin

      "DeFi and the Future of Finance" by Campbell Harvey et al.

      "The Infinite Machine : How an Army of Crypto-hackers Is Building the Next Internet with Ethereum" by Camila Russo

      thread
    2. bhaakFeb 2021
      > Where there was a feeling of revolution and new beginnings, now there are people in suits talking corporate.

      I read both "Digital Gold" by Nathaniel Popper about the early days of Bitcoin and "The Infinite Machine" by Camila Russo about the inception of Ethereum and the difference between the early sentiment in those two projects is striking.

      Bitcoin came from a cypherpunk background and was very anti establishment whereas Ethereum seems to have been setup and conducted like a startup company. There was much more money involved starting the latter project.

      I can relate to the sentiment of the author though, money sucks the fun out of many things. But finance is at the heart of both projects, so it's too be expected that they get more professional and more business-like while they grow.

      thread

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