Ethereum Has Issues

blog.dshr.org
ethereum-has-issues

I first wrote about the problem of bots front-running transactions a year and a half ago in The Order Flow, citing Dan Robinson and Georgios Konstantopoulos’ Ethereum is a Dark Forest from August 2020 and samczsun’s Escaping the Dark Forest. … Read more

David Rosenthal on cryptocurrencies

blog.dshr.org
david-rosenthal-on-cryptocurrencies

I was asked at short notice to fill in for a speaker in Stanford’s EE380 course who had to cancel. Below the fold is a hastily updated version of a talk from last December.[Slide 1: Title]I apologize if this talk … Read more

Unreliability at Scale

blog.dshr.org
unreliability-at-scale

Thomas Claiburn’s FYI: Today’s computer chips are so advanced, they are more ‘mercurial’ than precise – and here’s the proof discusses two recent papers that are relevant to the extraordinary levels of reliability needed in long-term digital preservation at scale. … Read more

Unstoppable Code?

blog.dshr.org
unstoppable-code?

This is the website of DeFi100, a “decentralized finance” system running on the Binance Smart Chain, after the promoters pulled a $32M exit scam. Their message sums up the ethos of cryptocurrencies: The business model of crypto is to provide … Read more