Blog

There is only one way to play chicken. And, it is best, if others know what game you are playing. First, you build up capital. That is, enough high explosive (or the equivalent in business terms)...

Background In a fair exchange protocol two parties either both honour an exchange (such as a contract), or neither of them do. It is known that deterministic fair exchange is impossible without a...

As Bitcoin does not need to be held or processed by a financial institution[1], many people have concluded that they can bypass tax obligations[2] with bitcoin and other cryptocurrencies.   There...

  Today I have released a draft of a paper I started in 2014, “Bitcoin: A Total Turing Machine”. It is available on SSRN. This is an intro. Download it if you want to read more. Bitcoin: A Total...

Bitcoin is a “crypto-currency”, a form of digital or virtual currency using cryptography to control its creation and operation. Bitcoin was first launched in 2009, when the Bitcoin algorithm was...

The syllogism goes - Socialism has been a failure everywhere it has been tried; This fact is known and everyone acknowledges this (including the socialists); and We need to try more socialism.  ...

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 machine has been well defined {[17],...

In this post, we look at what it would take to create a Bitcoin (BCH) Vending machine. In order to create a Bitcoin vending machine, we need to think about risk. This is not a desire for perfect...

The last week, another of the patent applications related to my papers received a grant. This research proposes a methodology to encrypt the content of a device (for instance, a laptop) without...

Honestly I find it difficult to understand why people do not get the idea of why errors and low-quality software occur. All software development is an economic function. Every addition, a change...