Alternative Coins & Systems
The ASIC myth
It is interesting how the arguments against commercial mining come down to an outcry against “mining centralisation.” All things in [...]
Why CLTV was a bad idea
People seem to have a misplaced idea that the SegWit-coin (BTC) Core developers are even adequate developers who understand Bitcoin [...]
Crowd Funding and ICOs
The following are some notes on ICOs (all are securities) that can act as a set of things to consider. [...]
Expectation of Profits
The US Howey case used the Expectation of Profit as an element in International Brotherhood of Teamsters vs Daniel. Daniel [...]
True Sale and Insolvency Challenges in ICO Token Sales
In the English law, “true sale” incorporates the securitisation structures around existing receivables in two forms. We first have to [...]
The scams in Crypto
I will discuss the current state of play in ICOs. In my posts, I will demonstrate categorically that no token [...]
Myths of permission-less
In the world of Bitcoin there are many false narratives and myths. This started with the myth of decentralisation. In [...]
Taxing Bitcoin — Introduction.
Bitcoin is money, but it is also a ledger, a commodity and a token. It is all these things and [...]
Managing Blockchain Automata
This umbrella document describes a distributed platform open to public participation for managing the automation of tasks that interfaces with [...]
DFA compilation and execution
We present an analysis of the establishment and execution of contractual agreements embodied as deterministic finite automata (DFA). The contract [...]
A codification scheme for state machines
We define a codification scheme for the states of deterministic finite automaton (DFA) [1]. Contrary to usual practice, the codification [...]
Symmetric Fair Exchange Protocol
Background In a fair exchange protocol two parties either both honour an exchange (such as a contract), or neither of [...]