This time we will focus on the legal
concerns around blockchain, ICOs and crypto assets.
Not exact matches
One major
concern in government circles seems to revolve
around building a degree of centralization into official
blockchain networks, which arguably tend toward decentralization as a result of their architecture.
While
concerns around the use of cryptocurrencies among businesses continue, at least in some areas, more and more attention is being directed at the potential for the
blockchain database to transform transaction and authentication processes.
I'm writing this because I've been working on
blockchain architecture for
around 3 years and I have become very
concerned about the risks that
blockchains pose to society.
The Bitcoin Core developer and perennial
blockchain skeptic Peter Todd has recently taken to tweeting a number of his
concerns, and while they're all focused
around the question of decentralization, his real uneasiness with Ripple revolves
around the company's opaqueness.