” caught some buzz for a handful of juicy revelations about behind-the-scenes conflict during the development and launch of Ethereum. But the book, written by longtime crypto reporter and podcaster Laura Shin, has a lot more to offer than dirty laundry. It may be the best book about the crypto industry by a journalist so far.” is similarly excellent and arguably written with a bit more outward verve.
At one end of that spectrum is Amir Chetrit, who got bounced early because the rest of the team didn’t think he was doing enough work. Anthony Di Iorio emerges somewhat scuffed, seemingly regarded by the other Ethereans as too focused on profit and control. At the other end are Joe Lubin and, above all, Vitalik Buterin himself, who consistently come across as thoughtful and levelheaded, and the only two Ethereum co-founders who appear to remain close today.
The book does have something of a secondary villain, former Ethereum Foundation head Ming Chan. The book spends a lot of time recounting her immense self-regard, apparent emotional instability and what occasionally looks like scheming for power. Some of the book’s most tense moments come when the Ethereum Foundation team reach the end of their rope and move to replace her.
Shin, with the discipline of an endurance athlete refusing a single delicious M&M, simply lets the self-evident absurdity stand without comment.Ming and Hoskinson, according to Shin’s reporting, were detrimental to Ethereum in fairly subtle ways, mostly emotional. Ming was an occasional roadblock or hassle, but by Shin’s telling she also did a lot of vital work. Hoskinson was out before the bulk of real work even began.
There’s no better example of this than Buterin himself. He’s often hailed as a technical or systems genius, but what’s less often noted is his apparently strong moral and intellectual center. The key conflict in Ethereum’s history was the decision over whether to organize the projects on for-profit or nonprofit terms. Buterin was the most influential single person in that conversation, and his insistence on the nonprofit setup contributed to the alienation of Di Iorio in particular.
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