Oktahedron

@heckerhut, @dirkjaeckel and @j32804 Some time passed after the DAO goxed. We will probably need to mention it again, because it raised a lot of questions about jurisdictions etc. What has happened since? http://cointimes.tech/2016/08/12/etcdao-stolen-coins-frozen-by-exchanges-was-sent-by-ethereum-foundation-developers/ Esma Discussion paper https://www.esma.europa.eu/sites/default/files/library/2016-773_dp_dlt.pdf Dominic Williams about tokens and security law https://medium.com/@dominic_w/on-protocol-tokens-and-securities-law-8e54d2237eee#.ll96uwj8n Sian Jones gave some regulatory update on Epicenter Bitcoin. EU regulations are not so restrictive towards fintech / virtual currency businesses? But what about crowdsales? https://www.youtube.com/watch?v=5F-Z3rlOapk Its funny that there is a certain amount of worries around whether crowdsales are legal, and whether people can get in trouble basically printing their own money or issuing securities. As a friend of mine put it: blockchain is a hot new cool thing for borderline legal shenanigans. EU institutions are complex and unless you dog through messy pile of documents, it's hard to get your head around. http://ec.europa.eu/finance/index_en.htm Predictions for the coming year. Thats a bit scary, but can we make predictions? K: There will probably even more of the ICO cambrian explosion More blockchain based but centralised currencies Show notes from the previous unpublished recording: It would have been tricky not to mention TheDAO as an example while discussing possible legal issues surrounding blockchains and DAOs. Here are some links we have mentioned: Article by Coindesk "How to sue The DAO Hacker" (before TheDAO attack) http://www.coindesk.com/sue-dao-hacker/ Pre TheDAO atteck article by Coindesk "How to sue a DAO" http://www.coindesk.com/how-to-sue-a-decentralized-autonomous-organization/ Reads on Decentralised Autonomous Organisations selected by Florian Glatz: Bitcoin as an unmanned company "Bitcoin and the Three Laws of Robotics" https://letstalkbitcoin.com/bitcoin-and-the-three-laws-of-robotics A Legal Analysis of the DAO Exploit and Possible Investor Rights https://bitcoinmagazine.com/articles/a-legal-analysis-of-the-dao-exploit-and-possible-investor-rights-1466524659 DAC (Decentralized Autonomous Corporations) revisited by Daniel Larimer https://letstalkbitcoin.com/dac-revisited DAOs, DACs, DAs and More: An Incomplete Terminology Guide by Vitalik Buterin (2014) https://blog.ethereum.org/2014/05/06/daos-dacs-das-and-more-an-incomplete-terminology-guide/ Bootstrapping A Decentralized Autonomous Corporation: Part I by Vitalik Buterin (2013) https://bitcoinmagazine.com/articles/bootstrapping-a-decentralized-autonomous-corporation-part-i-1379644274 Part II https://bitcoinmagazine.com/articles/bootstrapping-an-autonomous-decentralized-corporation-part-2-interacting-with-the-world-1379808279 and Part III https://bitcoinmagazine.com/articles/bootstrapping-a-decentralized-autonomous-corporation-part-3-identity-corp-1380073003 General legal issues related to blockchains: "Beyond Bitcoin: issues in Regulating Blockchain Transactions" - long, but a very basic, with explanation how blockchain is different from what we have seen before http://scholarship.law.duke.edu/cgi/viewcontent.cgi?article=3827&context=dlj We have also mentionned that it might be safer to use other than Turing complete languages for smart contracts, because Turing complete ones are inherently undecidable, which makes it impossible to know what a "smart contract" will do before running it. Towards safer languages for smart contracts by Jack Pettersson, Robert Edström presented at DEVCON1 https://www.youtube.com/watch?v=H2uwUdzVD9I Using dependent and polymorphic types for safer development of smart contracts (master thesis) http://publications.lib.chalmers.se/records/fulltext/234939/234939.pdf Other links: Concept of a-legality was explored by Hans Lindah in the field of philosophy of law http://www.hanslindahl.org/ Plantoid - a robotic plant, an old concept recently connected to the blockchain by David Bovill http://plantoid.cc/view/welcome-visitors/view/plantoid Currently Primavera de Filippi is working on the implementation http://projects.stwst.at/stwst48/plantoid-by-primavera-de-filippi-david-bovill-vincent-roudaut-and-sara-renaud/ This year EU Parliament published some stuff on virtual currencies. They are usually little bit behind the curve - while people are discussing the DAOs they are getting their heads around bitcoin. But hopefully EU people will be catching up fast. EU Parliament report on Virtual Currencies http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//TEXT+REPORT+A8-2016-0168+0+DOC+XML+V0//EN There is also a possibility to attend public hearings at EU institutions and hear what they have to say about regulations and how these regulations are coming into existence http://www.europarl.europa.eu/committees/en/econ/events.html