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In this podcast, hosts Vikram Ramakrishnan and Faizaan Shamsi, partners at the software consultancy QuantLayer, talk to investors and builders of the cryptocurrency arena. We discuss how industry participants think about crypto assets, how they uncover fraud in the market, and which technologies will turn the budding, nascent crypto space into the revolutionary powerhouse early market participants had hoped for.

Dec 6, 2018

This episode is all about attack vectors in crypto. We look at a 51% attack on Vertcoin, and how ASIC resistance is turning out to be a massive security bug, not a feature. We also look at Ethereum Classic and a social engineering attack on the ETCDEV team. Finally, we discuss the event-stream attack which robbed crypto wallets that used that npm library, and what that means for open source governance.


  • ASIC resistance is a massive security bug, not a feature
  • What ASIC resistance is
  • Vertcoin is currently being 51% attacked
  • What NiceHash is
  • ETCDEV shutdown
  • What ETC is
  • Who ETCDEV is
  • Event-stream situation


Vertcoin - MIT Digital Currency Initiative -
About NiceHash -
About Crypto51 -
Vertcoin is currently being 51% attacked -
On Dec 3, Igor put out the following statement -
Event-stream situation
Dominic Tarr’s response:
Kate Sills -