@inproceedings{Serada2020, author = {Alesja Serada}, title = {The Continuous Materiality of Blockchain}, series = {Konferenzband zum Scientific Track der Blockchain Autumn School 2020}, publisher = {Hochschule Mittweida}, address = {Mittweida}, issn = {1437-7624}, doi = {10.48446/opus-11868}, pages = {71 -- 76}, year = {2020}, abstract = {Both cryptocurrency researchers and early adopters of cryptocurrencies agree that they possess a special kind of materiality, based on the laborious productive process of digital ‘mining’ [1]. This idea first appears in the Bitcoin White Paper [2] that encourages Bitcoin adopters to construct and justify its value in metaphoric comparison to gold mining. In this paper, I explore three material aspects of blockchain: physical infrastructure, human language and computer code. I apply the concept of 'continuous materiality' [3] to show how these three aspects interact in practical implementations of blockchain such as Bitcoin and Ethereum. I start from the concept of ‘digital metallism’ that stands for ‘fundamental value’ of cryptocurrencies, and end with the move of Ethereum to ‘proof-of-stake’, partially as a countermeasure against ‘evil miners’. I conclude that ignoring material aspects of blockchain technology can only further problematize complicated relations between their technical, semiotic and social materiality.}, language = {en} }