Adventures in AI Consensus #1 : Bringing Autonomous Economic Agents to Evernode
AI agents are the future, if not the here and now. Within a few years most of us will have at least one agent running on our own hardware — answering email, booking flights, drafting documents, holding context across our days. OpenClaw and Hermes Agent are two of the early projects emblematic of that personal-assistant…
Getting Crypto Regulation Right: Why Decentralisation Matters
ASIC’s latest Consultation Paper 381 on changes to its policy guidance raises important questions about how digital assets should be regulated in Australia, especially as to Non-Cash Payment Facilities (NCPFs). But instead of providing clarity, it highlights a key challenge: how do we apply traditional financial laws to decentralised systems? Right now, the approach seems…
Deshittification Through Decentralisation: How Evernode Could End Internet Platform Decay
We’ve uploaded a new article that explores how RoadRush, a new decentralised rideshare dApp, shows how decentralised Progressive Web Applications built on Evernode can defeat what Cory Doctorow has called the Enshittification of the Internet. The combination of Evernode’s infrastructure and applications like RoadRush points to a possible future where internet platforms don’t inevitably decay.…
AI Juries on Evernode
We’d like to introduce our latest project: an innovative approach to automated dispute resolution and moderation for decentralized online communities using AI agents on Evernode. A more substantive paper and video demo of our working toy is included here. The Core Problem and Solution Decentralized online communities (like DAOs and dApps) need effective moderation and…
Putting First Nations Artists First
Can NFTs and Smart Contracts Allow First Nations Artists to Better Protect and Monetise Their Work? Our next Lex Automagica project is “Putting First Nations Artists First” a collaboration between the ANU School of Law and the ANU First Nations Innovation Hub. It aims to determine whether NFTs and Smart Contracts can be a viable…
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 -…
US Infrastructure Bill a Case Study In Hub-and-Spoke vs P2P
According to reports, the US government is proposing a law as part of its Infrastructure Bill that would expand the definition of a “broker” to include “any person who (for consideration) is responsible for and regularly provides any service effectuating transfers of digital assets.” Brokers Must Spy on Their Clients In the US, brokers are…
Why We Chose XRP Ledger for Evernode
The way HotPocket plus its daemon, Sashimono, is designed, Evernode could be a stand-alone chain or “nailed” to any layer 1 chain with sufficient smart contract capabilities to issue tokens and function as a message board. However, we think Evernode could be best launched as a layer 2 solution composed via the XRP Ledger because…
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