Alternative Coins & Systems


The scams in Crypto

By Craig Wright | 30 Oct 2018 | Alternative Coins & Systems, Bitcoin & Blockchain Tech, Economics, Law & Regulation

I will discuss the current state of play in ICOs. In my posts, I will demonstrate categorically that no token…

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Myths of permission-less

By Craig Wright | 28 Oct 2018 | Alternative Coins & Systems, Bitcoin & Blockchain Tech, Law & Regulation

In the world of Bitcoin there are many false narratives and myths. This started with the myth of decentralisation. In…

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Taxing Bitcoin — Introduction.

By Craig Wright | 28 Oct 2018 | Alternative Coins & Systems, Bitcoin & Blockchain Tech, Economics

Bitcoin is money, but it is also a ledger, a commodity and a token. It is all these things and…

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Managing Blockchain Automata

By Craig Wright | 21 Oct 2018 | Alternative Coins & Systems, Bitcoin & Blockchain Tech, Economics

This umbrella document describes a distributed platform open to public participation for managing the automation of tasks that interfaces with…

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DFA compilation and execution

By Craig Wright | 19 Oct 2018 | Alternative Coins & Systems, Bitcoin & Blockchain Tech, Economics

We present an analysis of the establishment and execution of contractual agreements embodied as deterministic finite automata (DFA). The contract…

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A codification scheme for state machines

By Craig Wright | 16 Oct 2018 | Alternative Coins & Systems, Economics, Math

We define a codification scheme for the states of deterministic finite automaton (DFA) [1]. Contrary to usual practice, the codification…

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Security

By Craig Wright | 08 Oct 2018 | Alternative Coins & Systems, Bitcoin & Blockchain Tech

Honestly I find it difficult to understand why people do not get the idea of why errors and low-quality software…

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Trust in Smart Contracts

By Craig Wright | 07 Oct 2018 | Alternative Coins & Systems, Bitcoin & Blockchain Tech

Both electronic and paper documents are subject to tampering. The discovery of collisions has demonstrated that the process of signing…

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The error in Coase

By Craig Wright | 02 Oct 2018 | Alternative Coins & Systems, Economics

Ron Coase made several errors in his theory of transactional processes in economics. Most critically, he has failed to note…

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The application, scope and limits of Letters of Indemnity in Bitcoin Contracts

By Craig Wright | 30 Sep 2018 | Alternative Coins & Systems, Bitcoin & Blockchain Tech, Economics, Law & Regulation

Introduction The Bill of Lading is a document unique document as its negotiability fulfils several purposes. These documents have led…

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Simplicity in Bitcoin

By Craig Wright | 25 Sep 2018 | Alternative Coins & Systems, Bitcoin & Blockchain Tech

There is a small correlation between the effects of security and simplicity. This use of complexity for its own sake…

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Hoarding and Bitcoin

By Craig Wright | 24 Sep 2018 | Alternative Coins & Systems, Bitcoin & Blockchain Tech, Economics

One of the fundamental arguments posed against Bitcoin is that it is deflationary in nature. The misinformed argument made by…

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