Lex Automagica

Blockchain Law and Governance: The Rise of Clockwork Societies

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The Tulip Trading Timebomb: The Quest for $4bn in Lost Bitcoin that Could Destroy Crypto

The UK Court of Appeal’s recent decision in Tulip Trading Limited v Van Der Laan & Ors [2023] EWCA Civ 83 is a first, dangerous step towards answering one of the major unresolved legal problems facing blockchain ecosystems: what is a blockchain and what legal rights and obligations exist between its various participants? To participate…

Self-Replicating “Nomad” Smart Contract

Recently, our Evernode project reached a wee milestone: a stable 20 node global cluster running a self-replicating “nomad” contract. Here’s a 10-minute demo… The left hand panel shows the 20 node global cluster and all the Hook activity. The right hand panel shows the replicator contract growing from 0 nodes to 20 nodes, after which…

Australian Senate Serious About Digital Assets

On 27 August, I gave evidence before the Australian Senate’s Select Committee on Australia as a Technology and Financial Centre (transcript here). In concert, blockchain, digital assets and smart contracts can deliver guaranteed outcomes participants can live with, instead of perfected rights no one can enforce. These benefits best come – if at all -…

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