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Out of the Ether
- The Amazing Story of Ethereum and the $55 Million Heist That Almost Destroyed It All
- Narrated by: Chris Henry Coffey
- Length: 10 hrs and 16 mins
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Publisher's summary
The thrilling story of one of the largest digital heists in history, set in the world of cryptocurrencies.
In 2016, $55 million was stolen as computer programmers all around the world sat at their screens watching helplessly. It was one of the largest digital heists in history. This daring theft played out in the world of blockchain, the technological breakthrough that enabled Bitcoin to go from an idea in 2008 to a $130 billion digital currency today. Out of the Ether takes an in-depth look at the most prominent successor to Bitcoin, a radically improved type of computer software invented by 19-year-old genius Vitalik Buterin. Known as Ethereum, its shaky beginnings allowed for the incredible hack that led to the $55 million heist. It’s a real-life cryptocurrency thriller that’s sure to capture your imagination, whether you’re an investor, investment professional, or simply interested in learning more about blockchain innovation and cryptocurrencies.
The story of Ethereum begins with Buterin, from his earliest days in Russia to Canadian émigré to wunderkind writer and coder. After pulling off one of the largest crowd sales in history at the time, Buterin and his cohorts built the Ethereum blockchain to become a world computer. But early on things went horribly astray. A futuristic automated investment fund created using Ethereum received an astounding $250 million in investment cash, yet a bug was mistakenly inserted in the code on line 666, allowing a hacker to steal a fifth of that money. Since there's no federal deposit insurance for digital currency, the theft created a crisis that only a group of good-guy hackers who had helped build Ethereum could combat. Think of ninjas battling on the blockchain and you’ve only scratched the surface of this fascinating real-life adventure.
In the end, Buterin advocated for an extremely controversial fix: reversing time to a point before the theft happened to erase it and reinstate the stolen money. This controversial move sent a concerning message: cyber transactions could be wiped out after the fact. In light of the Ethereum crisis and its founders’ actions, stakeholders in the multibillion-dollar virtual economy were forced to reexamine digital currency’s future.
This book goes behind the scenes of the Ethereum theft, making it a true pause resister. You’ll also discover the never-before-told history of the Ethereum developers and the struggles and triumphs they endured.
Understand the background behind a historic theft of ether. Dive into the Ethereum blockchain that hosts smart contracts. Learn more about the team that established Ethereum and kept it alive. Keep pace with what’s happening in blockchain and what the financial future may hold. The potential of blockchain to transform industries, from finance to health care, has garnered the attention of corporations and individuals all over the world. A heist of millions demands evaluation, whether you’re a blockchain investor or financial professional weighing the potential risks and opportunities waiting in the world of cryptocurrencies.
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When scholars write the history of the world twenty years from now, what will they say was the most crucial development in the first few years of the twenty-first century? The attacks on the World Trade Center on 9/11 and the Iraq war? Or the convergence of technology and events that allowed India, China, and so many other countries to become part of the global supply chain for services and manufacturing, creating an explosion of wealth in the middle classes of the world's two biggest nations?
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If you like cliches...
- By Jonathan Shultz on 09-08-07
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The Starfish and the Spider
- The Unstoppable Power of Leaderless Organizations
- By: Ori Brafman, Rod Beckstrom
- Narrated by: Sean Pratt
- Length: 5 hrs and 32 mins
- Unabridged
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If you cut off a spider's leg, it's crippled; if you cut off its head, it dies. But if you cut off a starfish's leg it grows a new one, and the old leg can grow into an entirely new starfish. The Starfish and the Spider argues that organizations fall into two categories: "spiders", which have a rigid hierarchy, and "starfish", which rely on the power of peer relationships.
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Centralized and decentralized models
- By Chan Meng on 12-07-07
By: Ori Brafman, and others
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Ask Your Developer
- How to Harness the Power of Software Developers and Win in the 21st Century
- By: Jeff Lawson
- Narrated by: Jeff Lawson
- Length: 9 hrs and 1 min
- Unabridged
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Jeff Lawson, developer turned CEO of Twilio (one of Bloomberg Businessweek's Top 50 Companies to Watch in 2021), creates a new playbook for unleashing the full potential of software developers in any organization, showing how to help management utilize this coveted and valuable workforce to enable growth, solve a wide range of business problems, and drive digital transformation.
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Two and Half Stars
- By Anonymous User on 12-16-21
By: Jeff Lawson
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All the Rave
- The Rise and Fall of Shawn Fanning’s Napster
- By: Joseph Menn
- Narrated by: John Rubinstein
- Length: 13 hrs and 59 mins
- Unabridged
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The definitive inside account of the file-sharing revolution that overthrew the music industry, All the Rave reveals the family betrayal, greed, and mismanagement that hijacked one the most fundamental innovations of the Internet era. Named one of the three best books of 2003 by Investigative Reporters and Editors Inc., All the Rave has been out of print until now and unavailable in most formats. Author and veteran technology journalist Joseph Menn also wrote 2010's Fatal System Error: The Hunt for the New Crime Lords who are Bringing Down the Internet.
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The Far-reaching Karma of Napster
- By Susie on 04-29-13
By: Joseph Menn
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Eat People
- An Unapologetic Plan for Entrepreneurial Success
- By: Andy Kessler
- Narrated by: Walter Dixon
- Length: 7 hrs and 13 mins
- Unabridged
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Here's how entrepreneurs find the next big thing-and make it huge. The era of easy money and easy jobs is officially over. Today, we're all entrepreneurs, and the tides of change threaten to capsize anyone who plays it safe. Taking risks is the name of the game - but how can you tell a smart bet from a stupid gamble? Andy Kessler offers 12 surprising and controversial rules for these radical entrepreneurs.
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One of the best business books!
- By Wayne on 11-24-15
By: Andy Kessler
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Alibaba
- The House That Jack Ma Built
- By: Duncan Clark
- Narrated by: Jim Meskimen
- Length: 9 hrs and 9 mins
- Unabridged
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In just a decade and a half, Jack Ma, a man from modest beginnings who started out as an English teacher, founded Alibaba and built it into one of the world's largest companies, an e-commerce empire on which hundreds of millions of Chinese consumers depend. Alibaba's $25 billion IPO in 2014 was the largest global IPO ever. A Rockefeller of his age who is courted by CEOs and presidents around the world, Jack is an icon for China's booming private sector.
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Strange: Best part of story happens "off-screen"
- By Tristan on 09-02-16
By: Duncan Clark
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Alibaba's World
- How a Remarkable Chinese Company Is Changing the Face of Global Business
- By: Porter Erisman
- Narrated by: George Newbern
- Length: 6 hrs and 5 mins
- Unabridged
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In September 2014, a Chinese company that most Americans had never heard of held the largest IPO in history - bigger than Google, Facebook, and Twitter combined. Alibaba, now the world's largest ecommerce company, mostly escaped Western notice for over 10 years, while building a customer base larger than Amazon's and handling the bulk of ecommerce transactions in China. How did it happen? And what was it like to be along for such a revolutionary ride?
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Not bad
- By Daniel on 09-12-15
By: Porter Erisman
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Broad Band
- The Untold Story of the Women Who Made the Internet
- By: Claire L. Evans
- Narrated by: Claire L. Evans
- Length: 9 hrs and 1 min
- Unabridged
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Women are not ancillary to the history of technology; they turn up at the very beginning of every important wave. But they've often been hidden in plain sight, their inventions and contributions touching our lives in ways we don't even realize. Vice reporter and YACHT lead singer Claire L. Evans finally gives these unsung female heroes their due with her insightful social history of the Broad Band, the women who made the Internet what it is today. Evans shows us how these women built and colored the technologies we can't imagine life without.
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Inspiring
- By Jean on 03-29-18
By: Claire L. Evans
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Googled
- The End of the World as We Know It
- By: Ken Auletta
- Narrated by: Jim Bond
- Length: 13 hrs and 53 mins
- Unabridged
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In Googled, esteemed media writer and critic Ken Auletta uses the story of Google's rise to explore the inner workings of the company and the future of the media at large. Although Google has often been secretive, this book is based on the most extensive cooperation ever granted a journalist, including access to closed-door meetings and interviews with founders Larry Page and Sergey Brin, CEO Eric Schmidt, and some 150 present and former employees.
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Audio production could have been better
- By David on 11-12-09
By: Ken Auletta
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Startup Rising
- The Entrepreneurial Revolution Remaking the Middle East
- By: Christopher M. Schroeder
- Narrated by: Christopher M. Schroeder
- Length: 7 hrs and 24 mins
- Unabridged
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Despite the world's elation at the Arab Spring, shockingly little has changed politically in the Middle East; even frontliners Egypt and Tunisia continue to suffer repression, fixed elections, and bombings, while Syria descends into civil war. But in the midst of it all, a quieter revolution has begun to emerge, one that might ultimately do more to change the face of the region: Entrepreneurship.
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Inspiring stories
- By Raafat Zaini on 02-13-15
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The Friendly Orange Glow
- The Untold Story of the PLATO System and the Dawn of Cyberculture
- By: Brian Dear
- Narrated by: George Newbern
- Length: 21 hrs and 6 mins
- Unabridged
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At a time when Steve Jobs was only a teenager and Mark Zuckerberg wasn't even born, a group of visionary engineers and designers - some of them only high school students - in the late 1960s and 1970s created a computer system called PLATO, which was not only years but light-years ahead in experimenting with how people would learn, engage, communicate, and play through connected computers.
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Memory lane for the cyberist.
- By Robert C. Hickcox on 08-08-18
By: Brian Dear
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Program or Be Programmed
- Ten Commands for a Digital Age
- By: Douglas Rushkoff
- Narrated by: Douglas Rushkoff
- Length: 3 hrs and 28 mins
- Unabridged
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In 10 chapters, composed of 10 "commands", Rushkoff provides cyber enthusiasts and technophobes alike with the guidelines to navigate the digital new universe. In this spirited, accessible poetics of new media, Rushkoff picks up where Marshall McLuhan left off, helping listeners to recognize programming as the new literacy of the digital age - and as a template through which to see beyond social conventions and power structures that have vexed us for centuries.
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Good book, but with some crazy ranting
- By Bjarne on 02-05-15
By: Douglas Rushkoff
What listeners say about Out of the Ether
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Holly Womack
- 01-10-22
Overall good book
This is definitely not a technical book, it sure is a story. however it shares a story and it’s technical details. It helped me to link together ideas that you wouldn’t have otherwise.
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- See the World Villas
- 02-02-22
Great but jumps around too much
Great book. Learned a lot. Love the content. The one problem is it tries to split its time between two stories. The Dao hack and the founding of ethereum. It constantly jumps around in time and is really hard to follow. You almost have to take a few minutes to figure out where you are in the storyline. It should have been made into two books. One about the founding of ethereum and a short one on the Dao hack.
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- that Pizza Guy
- 07-30-21
Excellent read, even for non-crypto folks
Interesting, informative, and engaging. Tells two stories (more, really) in one. I don’t always finish books or audiobooks for quite a long time, especially non-fiction. I listened to this every chance I had.
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- Gerald
- 08-12-21
Fantastic
This is a must read for those who are interested in the history of the ETHEREUM project.
The history of ETH is not a clean one, but it is a remarkable one.
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- Dave
- 08-08-21
A must read for any crypto enthusiast. F
What a great read. You won't be disappointed. Provides the history of Etherium's development with just enough technical info to keep you engaged
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- Amazons Customer
- 10-30-20
Great book
Great read for a crypto lover. Bring on more books like this one really shows you the full aspect of things
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- Tyler S.
- 09-04-21
Alright read. likely wouldn't pick back up.
I did enjoy the book however it just seemed to be looking though such a narrow lens. The theme changes too much from techinqual history of eth, to a heist story that doesn't really engage, and a cast of characters you don't get attached to. the writing was good but it just dragged on.
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- Anonymous User
- 05-11-23
Excellent book
I learned so much about finance with this book! I love this book and it inspired me to read other financial books! Super love it.
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- David Poore
- 12-27-23
Great job!
Great work on the history of ETH Ethereum and the hack leading to the fork of the classic
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- Tom Schwab
- 03-22-22
Engaging combination of true crime & futurist
The trolls almost scared me away with the bad reviews, but after listening to OUT OF THE ETHER is became clear that this was a heated issue, like religion and politics combined.
I loved the STORY telling in the book. The background, the people, the crime. Instead of being geeky and unapproachable, the author made it into a compelling story. It's the kind of story you would have read in the New Yorker. A first-hand understanding that is fair enough removed in time that teh larger lessons and implications can be seen.
Highly recommend this work for anyone interested in crypto, where the world is going, or just an engaging story. Hope they make it into a movie.
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