Decentralization is a Cost-Benefit-Risk Tradeoff
Blockchains guarantee correctnes but not validity of computations.
Contrary to what blockchain enthousiasts think, governance cannot be automated.
Strategic Moves to Get Support for the Libra
The strategies to sell the Libra idea have been misleading and arrogant.
The Business Model of the Libra
The business model of the Libra reveals a massive a transfer of money from poor to rich.
The Libra Ecosystem: Facebook and Calibra
The balance of power in the Libra ecosystem is weighed in favor of Facebook.
The Libra Association is a centralized power in the Libra ecosystem.
What Users Should Know About the Libra
Users will be charged by the Libra Association for renting storage and for performing transactions.
Do You Need a Blockchain? A very simple decision tree
Four simple questions help you decide whether you need a blockchain.
Lessons Learned from the Rise and Fall of Bitcoin
Without a good governance structure, a peer-to-peer network will be governed by greed, power and misunderstanding.
The Bitcoin network is based on five core ideas.
Why the Bitcoin is not such a good idea after all
A business model of the Bitcoin ecosystem reveals that the Bitcoin system is not sustainable in the long run.
Blockchains are used to coordinate peer-to-peer networks.
Blockchains need networked business models
Like any other technology, blockchains have no value if their is no business model for their use.