For about a decade, a range of materials known as “multiferroics” has been promising to lead the way to the ultimate memory device, or, at the very least, the ultimate replacement to flash memory. Multiferroics are materials with two or more coexisting ferroic orders, such as ferroelectricity and ferromagnetism. The term “ferroic” is the material property in which a material’s electrons can be collectively switched by an external field, such as switching the orientation of their charge or magnetic spin.

These multiferroics have been developed at labs to serve as room temperature magneto-electric memory devices that can be switched with just voltage rather than current. The aim has been that these materials could ultimately lead to low-power, instant-on computing.

Now researchers at MIT have discovered this exotic multiferroic state in a material that is as thin as a single layer of atoms. Their observation represents the first time that that multiferroic properties have been confirmed to exist in a perfectly two-dimensional material.

“Multiferroics” offer both the higher data fidelity of hard drives with flash memory’s reliance on only electric fields (eliminating the clumsy and bulky HDD magnetic head) to read and write.

“This 2D multiferroic material could be used in electronics, leading to ultralow-power logic-memory devices,” said Riccardo Comin, associate professor of physics at MIT.

Comin explained that traditional logic-memory devices are based on the metal-oxide-semiconductor transistor. A MOS transistor requires around 1 nanojoule of energy per bit to switch its conductivity to store a 0 or 1 bit in the device. A multiferroic device could use electron spin (magnetism), not the charge, to store 0 and 1’ states, and thus no electric current would be required to switch the two states.

The MIT team have been working with what are known as Type-II multiferroics in which one ferroic order is induced by the other because of strong coupling between the two, such that tuning one ferroic order directly affects the other one. These Type-II multiferroics are the most promising for applications such as electric-field control of magnetism, but they are quite rare. Current estimates posit no more than 100 materials that can characterized as Type-II multiferroics.

The underlying rarity of Type-II multiferroics has been one of the key reasons no one has synthesized a 2D version of them. An additional hurdle is that there are only a few compounds that have the right characteristics for isolating a 2D multiferroics, such as a weakly bonded layered structure. The materials that meet this condition, also known as van der Waals materials, can be thinned down to 2D using a traditional exfoliation method. However, the MIT researchers found that many van der Waals materials were either too chemically unstable to survive in 2D, or the multiferroic transition temperatures were too low to reach.

The researchers did finally settle upon synthetic nickel iodide as the ideal material for a 2D multiferroic, but the team had to abandon top-down production techniques, such as exfoliation, and instead moved to a bottom-up manufacturing technique in which the nickel iodide was grown on a substrate. While the growth process was fairly complex, Comin believes It could be potentially simplified if a different chemical reaction and a suitable substrate for the growth can be found.

“The growth procedure of nickel iodide is somewhat similar to graphene, and it proceeds via a process known as chemical vapor deposition, which can be scaled up to wafer scale now, after optimization,” said Comin

One of the biggest impacts this development will have may be in reshaping the computer memory landscape. Today, the most common hard drives used today are hard-disk drive (HDD) and solid-state drive (SSD). HDDs use a series of spinning platters covered by a ferromagnetic coating to store information, and it can be read and written by a magnetic head. Since all of these pieces are mechanical, HDDs are slower in data operation and bulky in size compared to SSDs, which use the MOS technology. However, HDDs have longer data lifespan, owing to the higher fidelity of the electron spin, compared to charge.

In this context, multiferroic-based hard drives could combine the best aspects of both technologies. Multiferroic hard drives use electron spins as data storage for higher fidelity, while the spin state is manipulated by electric fields as in SDDs, without requiring a magnetic head to read and write.

“Higher areal density than HDD, higher fidelity than SDD, with lower power consumption are the shining points of multiferroic hard drives,” said Comin.

For Comin and his colleagues this latest research is just a stepping-off point to a range of new research. One of the key areas, they say, will involve combining 2D multiferroics with other 2D materials chosen for their distinct physical properties. The group hopes to experiment, they say, with new kinds of multiferroic properties in the interface between the two materials.

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The Spectacular Collapse of CryptoKitties, the First Big Blockchain Game

A cautionary tale of NFTs, Ethereum, and cryptocurrency security

8 min read
Mountains and cresting waves made of cartoon cats and large green coins.
Frank Stockton

On 4 September 2018, someone known only as Rabono bought an angry cartoon cat named Dragon for 600 ether—an amount of Ethereum cryptocurrency worth about US $170,000 at the time, or $745,000 at the cryptocurrency’s value in July 2022.

It was by far the highest transaction yet for a nonfungible token (NFT), the then-new concept of a unique digital asset. And it was a headline-grabbing opportunity for CryptoKitties, the world’s first blockchain gaming hit. But the sky-high transaction obscured a more difficult truth: CryptoKitties was dying, and it had been for some time.

The launch of CryptoKitties drove up the value of Ether and the number of transactions on its blockchain. Even as the game's transaction volume plummeted, the number of Ethereum transactions continued to rise, possibly because of the arrival of multiple copycat NFT games.

That perhaps unrealistic wish becomes impossible once the downward spiral begins. Players, feeling no other attachment to the game than growing an investment, quickly flee and don’t return.

Whereas some blockchain games have seemingly ignored the perils of CryptoKitties’ quick growth and long decline, others have learned from the strain it placed on the Ethereum network. Most blockchain games now use a sidechain, a blockchain that exists independently but connects to another, more prominent “parent” blockchain. The chains are connected by a bridge that facilitates the transfer of tokens between each chain. This prevents a rise in fees on the primary blockchain, as all game activity occurs on the sidechain.

Yet even this new strategy comes with problems, because sidechains are proving to be less secure than the parent blockchain. An attack on Ronin, the sidechain used by Axie Infinity, let the hackers get away with the equivalent of $600 million. Polygon, another sidechain often used by blockchain games, had to patch an exploit that put $850 million at risk and pay a bug bounty of $2 million to the hacker who spotted the issue. Players who own NFTs on a sidechain are now warily eyeing its security.

Remember Dragon

The cryptocurrency wallet that owns the near million dollar kitten Dragon now holds barely 30 dollars’ worth of ether and hasn’t traded in NFTs for years. Wallets are anonymous, so it’s possible the person behind the wallet moved on to another. Still, it’s hard not to see the wallet’s inactivity as a sign that, for Rabono, the fun didn’t last.

Whether blockchain games and NFTs shoot to the moon or fall to zero, Bladon remains proud of what CryptoKitties accomplished and hopeful it nudged the blockchain industry in a more approachable direction.

“Before CryptoKitties, if you were to say ‘blockchain,’ everyone would have assumed you’re talking about cryptocurrency,” says Bladon. “What I’m proudest of is that it was something genuinely novel. There was real technical innovation, and seemingly, a real culture impact.”

This article was corrected on 11 August 2022 to give the correct date of Bryce Bladon's departure from Dapper Labs.

This article appears in the September 2022 print issue as “The Spectacular Collapse of CryptoKitties.”

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