Re: High Level Question

I share Vicki's sentiment. Names aside, I find the legal issue to be public
vs. private consensus mechanisms and the governance mechanisms around
consensus mechanisms. I think the translation of (open | public ) consensus
mechanisms into regulations is the underlying issue Michael is raising.

Adrian

On Wed, Mar 29, 2017 at 2:17 PM, Lemieux, Victoria <v.lemieux@ubc.ca> wrote:

> Hi Michael, Thanks for your question, and diagram.  You can also look at
> the terminology database I referenced in my last message for
> definitions/senses of the terms:  http://arstweb.clayton.edu/
> interlex2/en/blockchain.php .
>
> In general, I am finding that definitions are aligned with epistemic
> communities and in some cases “philosophies” so that public blockchains are
> associated with groups that support a more radically social transformative
> agenda with respect to the blockchain, as well as those whose business
> model is based on mining bitcoin, and DLTs is a term more commonly used by
> stakeholders that play a more traditional role of “intermediary” within
> existing social, political and financial systems.
>
> I make this observation as an academic, observing what is being discussed
> globally, not to advance a particular agenda.
>
> Best wishes,
> Vicki.
>
> On Mar 29, 2017, at 11:05 AM, Michael D. Palage <michael@palage.com>
> wrote:
>
> Hello All,
>
> During today’s call I proposed the following question to those in
> attendance.
>
> In connection with some research I was undertaking I noticed a growing
> number of governmental regulators and FinTech players that were making
> increased use of Distributed Ledger Technology (DLT) and avoiding the use
> of the term “blockchain” (i.e. potentially because of the previous
> stigma/reservation regarding BitCoin).   While I personally have
> historically used the terms interchangeably, I think it is important to
> perhaps step back and ask whether we might want to make a distinction, or
> explain how the terms are interrelated.
>
> The Venn diagram below is my current best thinking on how describe the
> DLT/blockchain landscape.
>
>
>
> As I explained to those individuals on the call today, I would like to
> propose editing the opening section of the paper to help explain these
> delineations in more detail. I believe one of the objectives in our use
> case document is to make it a learning/instructive document. This is why I
> am proposing to include this description here.
>
> Nick I think you had mentioned on the call today some previous work this
> group might have done previously regarding “characteristics/qualities” of
> blockchain.  If you could share that info and prevent the re-invention of
> the wheel I would greatly appreciated.
>
> However, before I begin editing the document, I wanted to run this concept
> by the entire mailing list and solicit any additional input people might
> have.
>
> Thanks in advance.
>
> Best regards,
>
> Michael
>
>
>
>
>


-- 

Adrian Gropper MD

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