Published Papers

The Illusion of Scale in Segregated Witness

Money gains value through use. As a limited quantity of money chases a set value of wealth, we see the price increase linearly with the velocity of the system. The more use, the higher the price....

Published on: 2017-06-27

Topic: Bitcoin

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The Irrationality Defense of Paternalism

In this paper, we investigate the challenges associated with the competing approaches of utility theory and behavioural economics. It has been become commonplace to argue that humans act...

Published on: 2017-06-27

Topic: Economics

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Bitcoin: SEIR-C Propagation Models of Block and Transaction Dissemination

Bitcoin can be modelled using the mathematics of biological systems. SEIR and SEIR-C models capture the propagation of transactions and blocks within the bitcoin network. With systems reacting as...

Published on: 2017-03-28

Topic: Bitcoin

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The Fallacy of Selfish Mining in Bitcoin: A Mathematical Critique

Money gains value through use. As a limited quantity of money chases a set value of wealth, we see the price increase linearly with the velocity of the system. The more use, the higher the price....

Published on: 2017-03-28

Topic: Bitcoin

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The quantification of information systems risk: A look at quantitative responses to information security issues

This thesis demonstrates information security can be modelled through a systematic integration of the human, system and software aspects of risk. The creation of risk models based on the...

Published on: 2017-02-08

Topic: Information Security

A Distribution Protocol for Dealerless Secret Distribution

As the value of bitcoin increases, more incidents such as those involving Mt Gox and Bitfinex will occur in standard centralized systems. The addition of group based threshold cryptography with...

Published on: 2016-07-12

Topic: Bitcoin

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Turing Complete Bitcoin Script White Paper

Bitcoin scripts currently do not enable loops. Therefore, they are commonly considered to be not Turing Complete. This limits the types of algorithms the Bitcoin scripts can execute to linear or...

Published on: 2016-04-10

Topic: Bitcoin

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Decentralized Autonomous Corporation

This document is intended to provide an overview on Decentralized Autonomous Corporations (DAC) based on the blockchain technology. We provide definitions of (i) DAC, (ii) Secure Multiparty...

Published on: 2016-02-02

Topic: Bitcoin

Territorial behavior and the economics of Botnets

This paper looks at the economics associated with botnets. This research can be used to calculate territorial sizes for online criminal networks. Looking at the types of systems we can compare the...

Published on: 2012-12-05

Topic: Economics

Group Selection and Cyber Terror

The recruitment of "hackers" for cyber terror and other criminal activities can be respectively seen as either political crimes or economic crimes. Both of these can be explained through group...

Published on: 2012-08-24

Topic: Psychology

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