The ability to scale a blockchain is related to the problem of scaling a distributed database. For example, the original ledger used within Bitcoin was a key-value database known for its ability...
Lessig (2000) promoted an early concept adopted by cypherpunk computer coders and anarchists: “Code is law.” Such a mentality has been propagated with regard to electronic cash and blockchain...
The recent collapse of FTX demonstrates the need for oversight within financial accounting systems. Unfortunately, the term decentralisation has been used to confuse regulators and cover up many...
Liu and Camp (2006) demonstrate the common error made by many trained in computer science but not economics. In their paper, the researchers demonstrate some problems with proof-of-work and...
The Bitcoin white paper (Wright, 2008, p. 1) references a system that provides “small casual payments,” allowing for the dissemination of transactions across the internet. Understanding both...
Rajasekaran et al. (2022) demonstrate the problem when researchers focus on papers published within the last 3 to 5 years, compared to incorporating an analysis of terminology and data from...
Cimini, G., Squartini, T., Saracco, F., Garlaschelli, D., Gabrielli, A., & Caldarelli, G. (2019). The statistical physics of real-world networks. Nature Reviews Physics, 1(1), Article 1....
Annotated Bibliography: Part II Hoffman et al. (2020) aid in evidencing how the terminology and descriptions associated with decentralisation can be seen to have multiple meanings. The use of the...
Annotated Bibliography: Part I The concept of decentralisation has become a core topic when it comes to describing how blockchain-based monetary systems function. Since the terminology was first...
To some, the current developer issues with Bitcoin are about overturning all the changes around Grokster and LimeWire. There is a concept in law called secondary liability. Another name is...