The Blockchain Paradox
summary
Explains how Bitcoin and Ethereum run as distributed ledgers, why IBM 1,500 blockchain devs signals enterprise uptake, and what actually breaks: Solidity smart contracts can loop and cost gas, CryptoKitties jammed Ethereum and stalled other projects, and a public multisig with a left-open kill routine locked millions of users’ funds. Covers testing realities: no backend control, immutable deployments, unpredictable governance, and ethical risks like programmable national currency, social credit systems, and GDPR conflicts.
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chapters (11)
- 0:00Start
- 1:46The day that changed my life
- 12:28Why are blockchains useful?
- 14:47Sometimes Imagination is hard
- 16:56All about Bitcoin
- 21:44Practical testing challenges - 1
- 28:07Public blockchains are scary!
- 30:35Ethical questions
- 32:11Governments and blockchains
- 36:34Be careful what you wish for!
- 37:07Takeaways
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