The Infinite Machine

About this book

"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. <i>The Infinite Machine</i> 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