Ledgers and Design

Ledgers and Design

Bookkeeping and accounting journals used within double-entry bookkeeping require write once read many (WORM) tables. Any accounting is posted entry is required to be write-only, with the database...

Posted on 2020-03-18
Binance: The Untrusted Intermediary

Binance: The Untrusted Intermediary

Today, as I have done in the past, I set up a number of accounts with Binance based only on the verification of email addresses. As was the case with Liberty Reserve, which would then, in 2013, be...

Posted on 2020-03-02
On Decentralisation

On Decentralisation

In a recent statement by SEC Commissioner Peirce, it was explained: A second area of concern is the lack of a bright-line test for whether a token is a security at the end of three years. To avoid...

Posted on 2020-02-21
Cryptography and Bitcoin

Cryptography and Bitcoin

Cryptography can be used to limit access, and may be restrictive. When a file is encrypted, it can only be accessed with the key. As such, it can act outside of state control and allow individuals...

Posted on 2020-02-20
Forking and Passing Off…

Forking and Passing Off…

If you consider what most cryptocurrency proponents [2] are trying to do, you will see an attempt to exclude governments and rights and create a system that cannot be controlled outside the...

Posted on 2020-02-13
Myths of Decentralisation…

Myths of Decentralisation…

There is a completely false narrative that you do not hold bitcoin and that they are an intangible distributed across many machines around the Internet. It is utterly wrong. Individuals hold their...

Posted on 2020-02-06
Open Source

Open Source

The real need for open-source software has been hijacked by a political agenda. I did not create Bitcoin as open-source software because I believed that software should be free. Rather, as one of...

Posted on 2020-01-24
How Digital Signatures Work

How Digital Signatures Work

Way back in 2006, I wrote a legal paper as part of my work with Northumbria University and my postgraduate law studies on the topic of digital signatures and the Electronic Communications Act 2000...

Posted on 2020-01-21
Looking the Other Way

Looking the Other Way

Not everything of my story is good and positive, but it is not the one my detractors make out either. In creating Bitcoin and all the derivative systems, I can be said to have looked away from a...

Posted on 2020-01-17
Mistakes Also Come when You Listen to Others…

Mistakes Also Come when You Listen to Others…

Many of the multitudes of problems surrounding the implementation of Bitcoin come from my failure to explain things to people. In part, I did not realise the difference in individuals who might...

Posted on 2020-01-15