New Books In Communications

Rhea Myers, "Proof of Work: Blockchain Provocations 2011-2021" (MIT Press, 2023)

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Synopsis

NFT, BTC, DAO, ETH, WAGMI, HODL. It would have been hard to avoid these acronyms only a year ago. The hype around cryptocurrencies and blockchain art was almost as annoying as the glee with which crypto sceptics welcomed the sudden onset of the crypto winter. But for all the popularity of Bored Apes and Ponzi scheme stories, there seems to have been little serious engagement with the philosophical, political, and aesthetic implications of the blockchain. The academy appears to have dismissed the crypto world out of hand, citing its financial unviability and the deeply ‘problematic’ philosophical foundations of its technology. Rhea Myers is a crypto artist, writer, and hacker who searches for faces in cryptographic hashes, follows a day in the life of a young shibe in the year 2032, and patiently explains why all art should be destructively uploaded to the blockchain. Her engagement in the technical history and debates in blockchain technology is complemented by a broader sense of the crypto movement and the a