2018
Contract Law and Smart Contracts
Contract law is designed to minimise: the cost of writing a contract; the cost of courts rewriting contracts; inefficiency (including
Breach of contract — Remedies for breach
When the court decides there has been a breach, there are many remedies at its disposal. One solution is to
Crowd Funding and ICOs
The following are some notes on ICOs (all are securities) that can act as a set of things to consider.
Account and Transfer Systems.
Most payment systems today are based on the deposit of funds and the transfer of credit from one party’s account
The myth of the full validation node
There is a long-running false narrative of “full validating nodes.” The dishonesty that has been sold as a truth is
On Predicates
In the common law, many individual fact-based decisions are set as predicates. No, not these. To many, it ends up making
Expectation of Profits
The US Howey case used the Expectation of Profit as an element in International Brotherhood of Teamsters vs Daniel. Daniel
Currency
Coins remain legal tender without having an economic basis in specie. They hence, as with paper notes, rest on the
Private blockchains are a matter of economic forces
The issue of “private blockchains” comes to a purely economic outcome. The issue of public vs private is, and has
Bitcoin in law
On confirmation, the recipient faces minimal, if any, ongoing risk of fraud from the transferer (Alice, A). There remains an
BLOCKCHAIN Based Accounting:
For more details see the following link: CRYPTOGRAPHIC METHOD AND SYSTEM FOR SECURE EXTRACTION OF DATA FROM A BLOCKCHAIN Executive
The lie of anarchy
The lie of anarchy and the true value in Bitcoin Many have thought that Bitcoin was in some manner designed to