September 2018


Trust and Risk
By Craig Wright | 11 Sep 2018 | Bitcoin & Blockchain Tech

Security matters, but not so we can eliminate all risk, but so we can have trust. Even if we could

Stable by design
By Craig Wright | 10 Sep 2018 | Bitcoin & Blockchain Tech

We have a fundamental flaw within the developer led model of Bitcoin. This problem is the same in many aspects

Misconceptions surrounding copyright
By Craig Wright | 09 Sep 2018 | Bitcoin & Blockchain Tech, Law & Regulation

Many think that when you pay a company to create something for you that you naturally own the copyright. This

Why Scaling on-Chain Works
By Craig Wright | 08 Sep 2018 | Bitcoin & Blockchain Tech

This is a very quick summary of why scaling on-chain works. In 2009, the effective limit in software was 32MB — although

The Gamma Monstrosity & the Probability Deception
By Craig Wright | 08 Sep 2018 | Bitcoin & Blockchain Tech, Law & Regulation, Math

For some time now, I have allowed people to continue with this foolish and unscientific notion of gamma in the

Worm-a-nomics
By Craig Wright | 07 Sep 2018 | Alternative Coins & Systems, Bitcoin & Blockchain Tech

Or the invasion of the coin snatchers…. For every 1 BCH deposited (these are actually destroyed), 100 WHC are created

A diatribe on Bitcoin, Trust and the economy of security (redux)

It was April 27th, 2013 when I first published an earlier version of this, and it is timely to start

Repudiation
By Craig Wright | 07 Sep 2018 | Bitcoin & Blockchain Tech, Economics, Law & Regulation

Non-repudiation is the process of ensuring that the parties to a transaction cannot deny (this is repudiate) that a transaction

Vampire Securities from beyond the Wormhole
By Craig Wright | 06 Sep 2018 | Bitcoin & Blockchain Tech

It is common for Omni and Counterparty style tokens to say how they back the underlying security using the one

The paradox of the Übermensch
By Craig Wright | 05 Sep 2018 | Bitcoin & Blockchain Tech, Philosophy

It is simple to be disappointed with the common person. I have written recently about the bandwagon fallacy. When I

Death and taxes, it is time to kill off mythical beasts
By Craig Wright | 04 Sep 2018 | Bitcoin & Blockchain Tech, Economics, Philosophy

I have a hard lesson for many people within the bitcoin and crypto currency community and that is that tax

The crypto-ring of Gyges
By Craig Wright | 02 Sep 2018 | Bitcoin & Blockchain Tech, Philosophy

Plato covered the problems of true anonymity in The Republic. In this story, he detailed a fictional character called Gyges

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