Out of the Ether: The Amazing Story of Ethereum and the $55 Million Heist that Almost Destroyed It All
(eAudiobook)

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Average Rating
Published
Recorded Books, Inc., 2020.
Format
eAudiobook
Status
Available Online

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Physical Description
8h 45m 0s
Language
English
ISBN
9781705007471

Syndetics Unbound

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Citations

APA Citation, 7th Edition (style guide)

Matthew Leising., Matthew Leising|AUTHOR., & Chris Henry Coffey|READER. (2020). Out of the Ether: The Amazing Story of Ethereum and the $55 Million Heist that Almost Destroyed It All . Recorded Books, Inc..

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

Matthew Leising, Matthew Leising|AUTHOR and Chris Henry Coffey|READER. 2020. Out of the Ether: The Amazing Story of Ethereum and the $55 Million Heist That Almost Destroyed It All. Recorded Books, Inc.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

Matthew Leising, Matthew Leising|AUTHOR and Chris Henry Coffey|READER. Out of the Ether: The Amazing Story of Ethereum and the $55 Million Heist That Almost Destroyed It All Recorded Books, Inc, 2020.

MLA Citation, 9th Edition (style guide)

Matthew Leising, Matthew Leising|AUTHOR, and Chris Henry Coffey|READER. Out of the Ether: The Amazing Story of Ethereum and the $55 Million Heist That Almost Destroyed It All Recorded Books, Inc., 2020.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.

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Grouped Work ID4542f5a2-e72c-60a0-f9a7-8d12a90720b4-eng
Full titleout of the ether the amazing story of ethereum and the 55 million heist that almost destroyed it all
Authorleising matthew
Grouping Categorybook
Last Update2023-09-07 21:52:20PM
Last Indexed2024-03-27 02:59:38AM

Book Cover Information

Image Sourcehoopla
First LoadedAug 18, 2023
Last UsedAug 18, 2023

Hoopla Extract Information

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    [synopsis] => The thrilling story of one of the largest digital heists in history, set in the world of cryptocurrencies In 2016, $55 million was stolen as computer programmers all around the world sat at their screens watching helplessly. It was one of the largest digital heists in history. This daring theft played out in the world of blockchain, the technological breakthrough that enabled Bitcoin to go from an idea in 2008 to a $130 billion digital currency today. Out of the Ether takes an in-depth look at the most prominent successor to Bitcoin, a radically improved type of computer software invented by 19-year-old genius Vitalik Buterin. Known as Ethereum, its shaky beginnings allowed for the incredible hack that led to the $55 million heist. It’s a real-life cryptocurrency thriller that’s sure to capture your imagination, whether youre an investor, investment professional, or simply interested in learning more about blockchain innovation and cryptocurrencies. The story of Ethereum begins with Buterin, from his earliest days in Russia to Canadian émigré to wunderkind writer and coder. After pulling off one of the largest crowd sales in history at the time, Buterin and his cohorts built the Ethereum blockchain to become a world computer. But early on things went horribly astray. A futuristic automated investment fund created using Ethereum received an astounding $250 million in investment cash, yet a bug was mistakenly inserted in the code on line 666, allowing a hacker to steal a fifth of that money. Since there's no federal deposit insurance for digital currency, the theft created a crisis that only a group of good-guy hackers who had helped build Ethereum could combat. Think of ninjas battling on the blockchain and you’ve only scratched the surface of this fascinating real life adventure. In the end, Buterin advocated for an extremely controversial fix: reversing time to a point before the theft happened to erase it and reinstate the stolen money. This controversial move sent a concerning message: cyber transactions could be wiped out after the fact. In light of the Ethereum crisis and its founders actions, stakeholders in the multibillion-dollar virtual economy were forced to re-examine digital currency’s future. This book goes behind the scenes of the Ethereum theft, making it a true page-turner. You’ll also discover the never-before told history of the Ethereum developers and the struggles and triumphs they endured. Understand the background behind a historic theft of ether. Dive into the Ethereum blockchain that hosts smart contracts. Learn more about the team that established Ethereum and kept it alive. Keep pace with what’s happening in blockchain and what the financial future may hold. The potential of blockchain to transform industries, from finance to healthcare, has garnered the attention of corporations and individuals all over the world. A heist of millions demands evaluation, whether you’re a blockchain investor or financial professional weighing the potential risks and opportunities waiting in the world of cryptocurrencies.
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