The crypto-currency Ethereum completed a hard fork on Wednesday. The Ethereum core developers, after getting a vote of support from the Ethereum community, hard forked Ethereum to “get back” the roughly $40mm of Ethereum that was taken in the hack of The DAO. Hard forks are a bit of a lightning rod issue in the […]
Side Projects - AVC
Back when we started USV in 2003/2004, we used to see a lot of side projects that had taken off and were turning into companies. We funded at least one such side project, Delicious, which ended up getting sold to Yahoo! a few years later. But I remember that we would see one or two […]
In Search of Hardness
Protocol studies, the next crypto cycle, and the next age of the world
Blockchains are the new Linux, not the new internet | TechCrunch
Bitcoin is up sevenfold, to $2,500, in the last year. Three weeks ago the redoubtable Vinay Gupta, who led Ethereum's initial release, published an essay entitled "What Does Ether At $100 Mean?" Since then it has doubled. Too many altcoins to name have skyrocketed in value along with the Big Two. ICOs are raking in money hand over fist over bicep. What the hell is going on?
Another one bites the dust. AVNStars shutting down payments.
Centralization vs Decentralization - AVC
Decentralization is one of, if not the most, discussed features of the crypto tech stack. In a decentralized system, no single body controls the system. We have most certainly not reached the era fully decentralized systems, but that is what most of the world-class technologists working in the crypto sector are focused on getting us […]
Trust: the inside story of the rise and fall of Ethereum | Aeon Essays
Blockchain enthusiasts crave a world without bankers, lawyers or fat-cat executives. There’s just one problem: trust
Moving beyond fork() + exec()
Since the earliest days of Unix, two of the core process-oriented system calls have been fork() [...]
Why AVF?
AVF and pKVM: next-generation Trustworthy Execution Environment for connected products
[RFC PATCH 00/73] KVM: x86/PVM: Introduce a new hypervisor
Metastablecoin Fragmentation (updated)
A fundamental problem for decentralized systems like permissionless blockchains is that their security depends upon the cost of an attack be...
The price of Ether, a bitcoin rival, is soaring because of a radical, $150 million experiment
Thousands of people have pumped $150 million into what might be the biggest crowdfunded project in history, something called the Decentralized Autonomous Organization (DAO). Compare this to the $20 million raised by the project with the most funds on Kickstarter, the Pebble Time smartwatch. The strange thing about this crowdfunding is that the DAO doesn’t produce any concrete products or services–not yet, anyway.
The crypto alternative | TechCrunch
Suppose, just for a moment, just for argument's sake, that (some) cryptocurrencies are not a giant scam, and what's more, they're not just another kind of
AVN Stars discontinues monetization features due to banking discrimination
Introducing Deno Sandbox | Deno
Instant Linux microVMs with defense-in-depth security for running untrusted code.
Changing Devtools Is Cheap. Owning Them Isn’t.
AI makes devtools cheap to customize, but personalized forks still demand ongoing attention and ownership.
