Bitcoin & Blockchain Tech
DFA compilation and execution
We present an analysis of the establishment and execution of contractual agreements embodied as deterministic finite automata (DFA). The contract [...]
Rights as property
In its simplest form, a bitcoin transaction involves the creation of an entry in a ledger. The value on the [...]
Monetary transfer and transmission rules
The exchange of bitcoin for other currencies clearly comes under existing AML[1] regulations, and where an exchange[2] has been used [...]
A distribution protocol for dealer-less secret distribution
In this post I again preview a paper written a couple of years ago, but not yet published. The first [...]
Blockchain-Based Decentralised Autonomous Corporations: An Overview
This document is intended to provide an overview on Decentralised Autonomous Corporations (DAC) based on the blockchain technology. Note, Bitcoin [...]
Foreign-exchange considerations & Bitcoin
The inherently international nature of Bitcoin lends its use to the requirement to account for foreign-exchange valuations. This does not [...]
Digital signature rules and their relationship to bitcoin
UNCITRAL Model Law on Electronic Signatures with Guide to Enactment (2001) has been widely adopted. The Electronic Signature Law of [...]
The Game of Chicken
There is only one way to play chicken. And, it is best, if others know what game you are playing. [...]
Symmetric Fair Exchange Protocol
Background In a fair exchange protocol two parties either both honour an exchange (such as a contract), or neither of [...]
The tax implications of bitcoin as money
As Bitcoin does not need to be held or processed by a financial institution[1], many people have concluded that they [...]
A Proof of Turing completeness in Bitcoin Script
Continuing on an early set of drafts that I will publish fully in time, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=3265157 The concept of a Turing [...]
Bitcoin: A Total Turing Machine
Today I have released a draft of a paper I started in 2014, “Bitcoin: A Total Turing Machine”. It [...]