4 papers
Privacy is Fungibility: Why Endogenous Tokens Are Not Money
Alex Lynham, Geoffrey Goodell
In this paper, we make a case that endogenous tokens such as cryptoassets are not money. First, we define and classify tokens found on public, permissionless ledgers, contrasting t…
Sark: Oblivious Integrity Without Global State
Alex Lynham, David Alesch, Ziyi Li +1
In this paper, we introduce Sark, a reference architecture for transferring unforgeable, stateful, oblivious (USO) assets. We describe the motivation, design, and implementation of…
Decentralization: A Qualitative Survey of Node Operators
Alex Lynham, Geoff Goodell
Decentralization is understood both by professionals in the blockchain industry and general users as a core design goal of permissionless ledgers. However, its meaning is far from…
Defining DLT Immutability: A Qualitative Survey of Node Operators
Alex Lynham, Geoff Goodell
Immutability is a core design goal of permissionless public blockchain systems. However, rewrites are more common than is normally understood, and the risk of rewrite, cyberattack,…