Economics
Burning and why it matters that it is stopped
First, we need to note that Bitcoin is an economic system and in economics, incentives and intent matter. The loss [...]
Neural Network Threshold Oracles
The main advantage to a system’s engineering approach is the ease with which it can be automated. Various inputs and [...]
Managing Blockchain Automata
This umbrella document describes a distributed platform open to public participation for managing the automation of tasks that interfaces with [...]
Phases of the Bitcoin system
The Bitcoin system may be broken down into the following “phases”: Mining; Holding Bitcoin; and Transferring Bitcoin. Each of these [...]
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 [...]
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 [...]
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 [...]
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 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 [...]