Law & Regulation
The great mining swindle
One part of the hijacking of Bitcoin stems from the manufacturing of ASIC chips. The purpose of a node is not
Immutable evidence
Today’s business use case is very simple, and in detailing it, we may help others understand a little more about
Careful what you wish for…
I moved to the UK in October 2015. We still had business interests there, so I would fly to and
“Lightning” Network and the Financial Industry Regulatory Authority (FINRA)
Many “crypto exchanges” fail to understand that they are money handlers. Basically, “crypto” is not an excuse. The storing of
Storing IP on the Blockchain
Electronic distribution of intellectual property (IP) poses numerous risks for the creators of the content, since it becomes difficult to
Contract Law and Smart Contracts
Contract law is designed to minimise: the cost of writing a contract; the cost of courts rewriting contracts; inefficiency (including
Breach of contract — Remedies for breach
When the court decides there has been a breach, there are many remedies at its disposal. One solution is to
Account and Transfer Systems.
Most payment systems today are based on the deposit of funds and the transfer of credit from one party’s account
On Predicates
In the common law, many individual fact-based decisions are set as predicates. No, not these. To many, it ends up making
Bitcoin in law
On confirmation, the recipient faces minimal, if any, ongoing risk of fraud from the transferer (Alice, A). There remains an
Bitcoin is a commodity
Ledger space in a sound, immutable ledger is a commodity. It has value. The trouble is that many think they
Why Silk Road was an abyss
Very simply, Silk Road was the worst thing to happen on Bitcoin. Freedom is not absolute. We live and act