Allegality 
SYSTEMS THAT CAN’T CARE 
Gavin Wood 
ETHEREUM
Decentralised SaaS (ÐSaaS) 
Software specifies abstract rules of 
interaction between parties for a service 
Abstract can become Concrete 
Value transfer 
Actuators 
Oracles &c.
So what’s new? 
eBay, PayPal, Amazon all do this, right?
SaaS vs ÐSaaS 
SaaS has an operator: 
Operator is human or human-owned 
Operator exists in “real” legal environment 
ÐSaaS has no operator: 
Each ÐSaaS is truly a force of nature
Decentralised SaaS 
Accordingly implemented, service cannot be, 
en masse, shut down. 
Early examples: Bitcoin, Bittorrent 
Forces of nature
Decentralised SaaS 
Needs not care about the “human context” of 
transactions. 
Force of nature
The State of the Game 
CRYPTO-FINANCE 
CRYPTO-CURRENCY 
APP-COINS 
CRYPTO-LAW 
Boolean Structured 
Language 
Rules 
Trivial Ammendable General 
Numeric Discrete 
(Less Relevant) (More Relevant)
Real Soon Now 
Crypto-law, or platforms for arbitrary ÐSaaS
Changes 
Can’t police ÐSaaS, must police users 
- but - 
Limited resources for security 
Two options: 
Security-by-saturation; 
Rethink what is illegal
Changes 
Risks & Opportunities for Society
Changes 
Greater transparency, openness, efficiency: 
KYC and AML become trivial to implement 
Taxes become trivial to pay and audit 
Far harder to hide things “under the table”
Changes 
Liberalism, freedom and individual choice: 
Harder to police “trends” 
Harder to shut down mutually beneficial deals 
Harder to hide uncomfortable truths
Ultimately... 
(De-facto) Laws will alter according to 
reformed social norms 
Stage between could be volatile
Lawmakers: 
Must work with new system to avoid painful 
disruption: 
education, 
evidence-based decisions, 
always maximise health & well-being
Lawmakers: 
Avoid misuse of morality, prejudice, 
misunderstandings, myths
To all... 
Renewed need for responsibility, 
tolerance and honesty
Allegality 
Gavin Wood 
Questions?

Allegality

  • 1.
    Allegality SYSTEMS THATCAN’T CARE Gavin Wood ETHEREUM
  • 2.
    Decentralised SaaS (ÐSaaS) Software specifies abstract rules of interaction between parties for a service Abstract can become Concrete Value transfer Actuators Oracles &c.
  • 3.
    So what’s new? eBay, PayPal, Amazon all do this, right?
  • 4.
    SaaS vs ÐSaaS SaaS has an operator: Operator is human or human-owned Operator exists in “real” legal environment ÐSaaS has no operator: Each ÐSaaS is truly a force of nature
  • 5.
    Decentralised SaaS Accordinglyimplemented, service cannot be, en masse, shut down. Early examples: Bitcoin, Bittorrent Forces of nature
  • 6.
    Decentralised SaaS Needsnot care about the “human context” of transactions. Force of nature
  • 7.
    The State ofthe Game CRYPTO-FINANCE CRYPTO-CURRENCY APP-COINS CRYPTO-LAW Boolean Structured Language Rules Trivial Ammendable General Numeric Discrete (Less Relevant) (More Relevant)
  • 8.
    Real Soon Now Crypto-law, or platforms for arbitrary ÐSaaS
  • 9.
    Changes Can’t policeÐSaaS, must police users - but - Limited resources for security Two options: Security-by-saturation; Rethink what is illegal
  • 10.
    Changes Risks &Opportunities for Society
  • 11.
    Changes Greater transparency,openness, efficiency: KYC and AML become trivial to implement Taxes become trivial to pay and audit Far harder to hide things “under the table”
  • 12.
    Changes Liberalism, freedomand individual choice: Harder to police “trends” Harder to shut down mutually beneficial deals Harder to hide uncomfortable truths
  • 13.
    Ultimately... (De-facto) Lawswill alter according to reformed social norms Stage between could be volatile
  • 14.
    Lawmakers: Must workwith new system to avoid painful disruption: education, evidence-based decisions, always maximise health & well-being
  • 15.
    Lawmakers: Avoid misuseof morality, prejudice, misunderstandings, myths
  • 16.
    To all... Renewedneed for responsibility, tolerance and honesty
  • 17.