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Out of the Ether Summary

Matthew Leising

Out of the Ether

by Matthew Leising

Out of the Ether

Matthew Leising

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Insight Icon3 key insights
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This book is a gripping account of Ethereum's history, and Matthew Leising's attempt to catch the culprit behind a $55 million heist that almost crippled the blockchain system.

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Out of the Ether

by Matthew Leising

Out of the Ether

Matthew Leising

Overview

Bitcoin may be hogging the headlines, but it's not the only cryptocurrency around. Ethereum, the world's second-largest cryptocurrency, has its own uses – as well as a devoted fanbase.

Matthew Leising built a name for himself as a Bloomberg reporter covering Wall Street, energy markets, and the infrastructure supporting the financial system. Now, the veteran journalist turns his attention to blockchain technology and how it's changing the financial sector.

In this book, Leising covers one of the most successful applications of the blockchain technology, Ethereum. Out of the Ether takes us from the basics of understanding the blockchain to the anti-establishment ethos behind Ethereum's founding, and even does a deep dive into investigating a $55 million Ethereum heist that took place in 2016.

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Favorite Quote

"Ethereum's ambition is to be a global computer. In a statement that surely upset Bitcoin loyalists (and there are millions of them), Lubin said that comparing Bitcoin to Ethereum is like comparing a pocket calculator to a desktop."

Matthew Leising

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Out of the Ether

Matthew Leising

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