Misconceptions surrounding copyright

Misconceptions surrounding copyright

Many think that when you pay a company to create something for you that you naturally own the copyright. This is not correct. Copyright requires an explicit transfer of rights.   Copyright does...

Posted on 2018-09-09
The Gamma Monstrosity & the Probability Deception

The Gamma Monstrosity & the Probability Deception

For some time now, I have allowed people to continue with this foolish and unscientific notion of gamma in the Selfish Mining fallacy. In this rather extended article I intend to finally detail...

Posted on 2018-09-08
Why Scaling on-Chain Works

Why Scaling on-Chain Works

This is a very quick summary of why scaling on-chain works. In 2009, the effective limit in software was 32MB — although this was only due to the limits of the software. For a commercial server,...

Posted on 2018-09-08
Worm-a-nomics

Worm-a-nomics

Or the invasion of the coin snatchers…. For every 1 BCH deposited (these are actually destroyed), 100 WHC are created (issued from the pre-mine PoS allocation — not created at all). A Wormhole...

Posted on 2018-09-07
Repudiation

Repudiation

Non-repudiation is the process of ensuring that the parties to a transaction cannot deny (this is repudiate) that a transaction occurred. Repudiation is an assertion refuting a claim or the...

Posted on 2018-09-07
Vampire Securities from beyond the Wormhole

Vampire Securities from beyond the Wormhole

It is common for Omni and Counterparty style tokens to say how they back the underlying security using the one that they parasitically sit upon. This is expressly clear in Bitmain’s abysmally...

Posted on 2018-09-06
The paradox of the Übermensch

The paradox of the Übermensch

It is simple to be disappointed with the common person. I have written recently about the bandwagon fallacy. When I wrote about this the other day, I pointed out a variation of it that we now see,...

Posted on 2018-09-05
The crypto-ring of Gyges

The crypto-ring of Gyges

Plato covered the problems of true anonymity in The Republic. In this story, he detailed a fictional character called Gyges of Lydia who found a magic ring that enabled him to escape all review...

Posted on 2018-09-02