Blockchain Neutrality

Blockchain technology is transforming how markets work.Blockchains eliminate the need for trusted gatekeepers likebanks to execute, verify, and record transactions. In thefinancial markets, their disruptive potential threatens bothWall Street banks and Silicon Valley venture capitalists. Howblockchain technology is regulated will determine whether itencourages or inhibits competition. Some blockchainapplications present serious fraud and systemic risks,complicating regulation. This Article explores the antitrust andcompetition policy challenges blockchain presents and proposesa regulatory strategy, modeled on Internet regulation and netneutrality principles, to unlock blockchain’s competitivepotential. It contends that financial regulators should promoteblockchain competition—and the resulting marketdecentralization—except in cases where specific applicationsare shown to harm consumers or threaten systemic safety.Regulators also should ensure open access and non-discrimination on dominant blockchain networks. Thisapproach will not only serve traditional antitrust goals oflowering prices and promoting innovation, but it also mightachieve broader economic and social reform by reducing thepower and influence of the biggest financial institutions

The application of hash chains and hash structures to cryptography

In this thesis we study how hash chains and other hash structures can be used in various cryptographic applications. In particular we focus on the applications of entity authentication, signatures and key establishment. We study recursive application of hash functions to create hash chains, hash trees and other hash structures. We collate all these to form a catalogue of structures that we apply to various cryptographic applications. We study existing work on authentication and create many entity authentication schemes based on structures from our catalogue. We present a novel algorithm to find efficient signature schemes from any given hash structure. We study some suggestions for suitable hash structures and define a particular scalable hash structure complete with a simple message to signature map that is the most efficient such scheme of which we know. We explore k-time signature schemes and identify two new properties, which we call perforated and porous. We look at the application of hash structures to key establishment schemes. We compare the existing schemes and make improvements on many. We present a new key establishment scheme, and show a link between certain k-time signatures and certain key establishment schemes. We look at the other applications of hash structures, and suggest areas in which our catalogue could be used for further development

Maritime expressions:a corpus based exploration of maritime metaphors

This study uses a purpose-built corpus to explore the linguistic legacy of Britain’s maritime history found in the form of hundreds of specialised ‘Maritime Expressions’ (MEs), such as TAKEN ABACK, ANCHOR and ALOOF, that permeate modern English. Selecting just those expressions commencing with ’A’, it analyses 61 MEs in detail and describes the processes by which these technical expressions, from a highly specialised occupational discourse community, have made their way into modern English. The Maritime Text Corpus (MTC) comprises 8.8 million words, encompassing a range of text types and registers, selected to provide a cross-section of ‘maritime’ writing. It is analysed using WordSmith analytical software (Scott, 2010), with the 100 million-word British National Corpus (BNC) as a reference corpus. Using the MTC, a list of keywords of specific salience within the maritime discourse has been compiled and, using frequency data, concordances and collocations, these MEs are described in detail and their use and form in the MTC and the BNC is compared. The study examines the transformation from ME to figurative use in the general discourse, in terms of form and metaphoricity. MEs are classified according to their metaphorical strength and their transference from maritime usage into new registers and domains such as those of business, politics, sports and reportage etc. A revised model of metaphoricity is developed and a new category of figurative expression, the ‘resonator’, is proposed. Additionally, developing the work of Lakov and Johnson, Kovesces and others on Conceptual Metaphor Theory (CMT), a number of Maritime Conceptual Metaphors are identified and their cultural significance is discussed