Tag Archives: Ethereum

The Merge

Posted on September 26, 2022 by

Earlier this month, a major event happened in the cryptocurrency space called the ‘Merge’. In this event, the ethereum blockchain changed the way it achieves consensus – from using a proof-of-work mechanism to a proof-of-stake mechanism. A blockchain is a … Continue reading →

Posted in Uncategorized | Tagged blockchain, centralisation, cryptocurrencies, double-spending, eacon Chain, Ethereum, ethereum mainnet, proof of stake, proof of work, The Merge | Comments Off

NFTs aren’t thriving – they’re often in the hospital

Posted on April 11, 2022 by

This is not a real anniversary but it’s worth commemorating, if only to remember the pseudo-events propping up the NFT business-culture. One month and one year ago, a cryptocurrency user named Metakovan purchased an NFT associated with a piece of … Continue reading →

Posted in Analysis, Tech | Tagged Beeple, blockchain, cryptocurrencies, Ethereum, gatekeeping, Metakovan, NFT, Ponzi scheme, Vitalik Buterin | Comments Off

Crypto: Climate change means new tech has less time today to prove itself

Posted on February 13, 2022 by

I spent this weekend reading about permissioned and permissionless blockchain systems. If you want to get in on it, I can’t recommend this post by David Rosenthal enough. Much of the complexity of executing transactions of the major extant cryptocurrencies, including bitcoin … Continue reading →

Posted in Analysis, Tech | Tagged Big Tech, Bitcoin, blockchain, carbon dioxide concentration, carbon emissions, cryptocurrencies, David Rosenthal, decentralisation, Ethereum, Molly White, non-fungible tokens, proof of work, web2, web3 | Comments Off

On crypto-art, racism and outcome fantasies

Posted on March 23, 2021 by

If you want to find mistakes with something, you’ll be able to find them if you tried long enough. That doesn’t inherently make the thing worthless. The only exception I’ve encountered to this truism is the prevailing world-system – which … Continue reading →

Posted in Analysis, Op-eds, Tech | Tagged art criticism, art patronage, Beeple, Big Tech, Bitcoin, bitcoin mining, blockchain, capitalism, Christie's, consensus algorithms, crypto-art, cryptocurrencies, Ethereum, Everydays, financial transactions, Metakovan, Metapurse, NFT, non-fungible tokens, power consumption, proof of stake, proof of work, racism, settlement finality, Silicon Valley, Sybil attack, The First 5000 Days, Tim Swanson, Twobadour | Comments Off