Michel Rauchs Profile picture
Exploring the building blocks of society, finance & economics; one at a time. Founder @ParadigmaLU, Research Affiliate @CambridgeAltFin. Strictly personal views
Aug 21, 2018 14 tweets 5 min read
1/ Let's get to the core of the report today; namely the conceptual framework that breaks down a #DLT system into distinct pieces in order to better understand the relationships between its elements.

Full report: jbs.cam.ac.uk/faculty-resear…

Alternative link: papers.ssrn.com/sol3/papers.cf… 2/ Speaking of elements: the framework consists of three types: layers, components, and processes.

Each layer is composed of a set of components, and each component comprises a set of processes.

In total, we identify 3 layers, 7 components, and 18 processes.
Aug 15, 2018 16 tweets 5 min read
1/ Today, I'd like to share some of the highlights in Section 2 of our new report on #DLT systems (available here: papers.ssrn.com/sol3/papers.cf…).

We will provide a formal definition of a DLT system and explain some of the key concepts. 2/ Before diving into the key concepts, it is important to understand that unlike 'traditional' databases, DLT systems are designed to operate in an adversarial environment.
Sep 9, 2016 16 tweets 6 min read
Exploring the emergence & evolution of the #Bitcoin #business #ecosystem. The following network graphs are based on dataset of 514 entities. Bitcoin business ecosystem - 2010