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Attack of the 50 Foot Blockchain

Attack of the 50 Foot Blockchain

Blockchain and cryptocurrency news and analysis by David Gerard

  • About the author
  • Attack of the 50 Foot Blockchain: The Book
  • Book extras
  • Business bafflegab, but on the Blockchain
  • Buterin’s quantum quest
  • Dogecoin
  • Ethereum smart contracts in practice
  • ICOs: magic beans and bubble machines
  • Imogen Heap: “Tiny Human”. Total sales: $133.20
  • Index
  • Libra Shrugged: How Facebook Tried to Take Over the Money
  • My cryptocurrency and blockchain commentary and writing for others
  • Press coverage: Attack of the 50 Foot Blockchain
  • Press coverage: Libra Shrugged
  • Table of Contents
  • The conspiracy theory economics of Bitcoin
  • The DAO: the steadfast iron will of unstoppable code
Main Menu

Tag: proof of work

Crypto update: LOL who cares, crime is legal

25th March 202525th March 2025 - by David Gerard - 3 Comments.

Fifty more Silvergates!

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Proof-of-Stake is better than Proof-of-Work — but Ethereum’s Merge won’t fix any other problem with cryptocurrency

20th August 202215th September 2022 - by David Gerard - 12 Comments.

Proof-of-stake will still be a vast improvement over proof-of-work. In all other senses, none of this matters.

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News: Craig Wright in court, Mt. Gox settlement, Bitcoin futures ETF, Reddit community points, miners still can’t sell their bitcoins

13th November 202113th November 2021 - by David Gerard - 4 Comments.

We have a new CD out too!

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News: Bitcoin mining is not green, miners versus programmers, gold is cleaner than bitcoin, exchanges collapse, how to forge an NFT

30th April 202114th September 2021 - by David Gerard - 2 Comments.

“Maybe your cryptocurrency is different. But look: you’re in really poor company. When you’re the only honest person in the room, maybe you should be in a different room.”

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NFTs: crypto grifters try to scam artists, again

11th March 202124th July 2023 - by David Gerard - 23 Comments.

Banksying the unbanksied.

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Guest post: The Last Last Word on Bitcoin’s (horrifying) Energy Consumption

3rd June 202029th August 2024 - by Guest post - 4 Comments.

A response to Nic Carter’s “The Last Word on Bitcoin’s Energy Consumption” (CoinDesk, 19 May 2020), by Michael Reece Purson.

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News: Tether, Winklevoss vs Shrem, regulation, Consensys asteroid mining, Ethereum analysis, Proof of Work is still awful

4th November 20184th November 2018 - by David Gerard - 3 Comments.

You can see the clear synergies between an Ethereum development house and asteroid mining … right?

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Bitcoin’s stupendous power waste is green, apparently — bad excuses for Proof-of-Work

22nd May 201826th April 2019 - by David Gerard - 16 Comments.

Did you know that Bitcoin using 0.1% of all the electricity on earth, and 0.5% by the end of the year, is actually good? Huge if true.

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Libra Shrugged

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    ISBN-13: 9798693053977
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Attack of the 50 Foot Blockchain

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    UK/Europe Paperback

    ISBN-13: 9781974000067
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Recent blog posts

  • Crime is legal — but the actual dollars aren’t showing up
  • Statue to Buttcoin Unveiled in Lugano, Switzerland
  • CRYPTO INTERRUPT: Attack of the 50 Foot Blockchain on video!
  • Crypto update: LOL who cares, crime is legal
  • Get a portable monitor, they’re great

Excerpts from Attack of the 50 Foot Blockchain

Table of Contents

  • The conspiracy theory economics of Bitcoin
  • Dogecoin
  • Buterin’s quantum quest
  • ICOs: magic beans and bubble machines
  • Ethereum smart contracts in practice
  • The DAO: the steadfast iron will of unstoppable code
  • Business bafflegab, but on the Blockchain
  • Imogen Heap: “Tiny Human”. Total sales: $133.20

Index

About

  • Press coverage for Attack of the 50 Foot Blockchain
  • Press coverage for Libra Shrugged
  • My cryptocurrency and blockchain press commentary and writing
  • Mastodon @davidgerard@circumstances.run
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  • About the author
  • Contact

The content of this site is journalism and personal opinion. Nothing contained on this site is, or should be construed as providing or offering, investment, legal, accounting, tax or other advice. Do not act on any opinion expressed here without consulting a qualified professional.

I do not hold a position in any crypto asset or cryptocurrency or blockchain company.

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