Addison Cameron-Huff, Blockchain Lawyer

Thoughts and opinions of a Toronto-based cryptocurrency lawyer who's worked in the industry since 2014.

How Bitcoin Might Change Your Paycheque

People are paid every two weeks because it's too expensive to pay people daily. I mean too expensive both in the sense of administrative overhead (if people are paid manually) and transaction fees (cheques/EFT fees).

Bitcoin offers the potential to pay people daily or even hourly because transaction fees are reduced to near zero. Here's an interesting article that explores this concept and the idea of paying for performance using Bitcoin/Ethereum: https://medium.com/@spencernoon/paycheck-2-0-385cf6c70ec7.

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Bitcoin Scripts

Interesting blog post on how to use the Bitcoin scripting language to build complex applications: https://curiosity-driven.org/bitcoin-contracts.

The examples they give are Kickstarter-type campaigns, escrow and gambling. I didn't know these sorts of applications could be built (trustlessly) on top of the Bitcoin scripting language.

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Open Data: Canadian Securities Filings Are Behind a Paywall

Information about Canadian public company quarterly reports, insider trades, and more is only being made available to companies who pay a (secret) licensing fee. Individuals can access individual filings (after solving a CAPTCHA) but the information is not free for re-use nor available in a machine readable format.

Canadian securities filings are required to be posted to SEDAR and SEDI. The two sites are the Canadian equivalent of the (much better) United States service run by the SEC called EDGAR.

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LinkedIn Group for Decentralized Application Professionals

"Decentralized Applications" is a LinkedIn group (link) for anyone who's a part of the nascent decentralized application industry.

It's a small group for now but some good content (mostly written by Decentral, one of my clients). There aren't a lot of other places to find good information about decentralized applications ("DApps").

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Ether Sale: Congratulations Everyone

Ethereum, a blockchain programming platform (and client of mine), has started selling ether. As of Wednesday night they've sold around $3.7 million of ether in about 24 hours. You can watch the progress of the sale by looking at the address where they're receiving the Bitcoin.

Congratulations to the Ethereum team!

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How Dell, Expedia and NewEgg Accept Bitcoin

Dell recently announced that they're accepting Bitcoin. Here's a blog post I wrote for the Decentral blog about how companies like Dell and Expedia are accepting Bitcoin: http://blog.decentral.ca/post/92445053308/how-dell-expedia-and-others-accept-bitcoin-payments.

The short version is that most companies are using Coinbase (US-only) or BitPay. Both of these services work well with Shopfiy.

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New Federal Bitcoin Law

Bill C-31 passed last Thursday and with it comes new rules for businesses dealing in Bitcoin.

I've written a guest post on the Decentral blog that explains what the new rules are, when they'll take effect and what might happen: http://decentralca.tumblr.com/post/89657114028/what-you-need-to-know-about-the-new-bitcoin-law.

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The Point of Contracts

Business contracts have two purposes:

1. creating a legal agreement; and,

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Huge Win for Internet Privacy in Canada: R. v. Spencer

A landmark Supreme Court decision came down last Friday: R. v. Spencer.

This case takes Canada away from the past regime where police could request subscriber information corresponding to an IP without a warrant. In earlier lower court decisions judges have relied on ISP terms of service to say that users have no reasonable expectation of privacy. The legal theory was that the contracts users enter into allowed ISPs to disclose information to police so it was permitted. The Supreme Court unanimously rejected this regime and declared such searches "presumptively unreasonable":

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Government Funding for Tech Businesses

In a previous post I outlined the key government tax schemes for Ontario tech businesses (here). A colleague who saw that post has pointed me to the MaRS Discovery District guide to funding programs.

The MaRS guide is 173 pages of government programs for the ICT sector. It looks quite comprehensive.

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Heat Map Generator

I've made an online heat map generator that you can use by clicking here. Below is an example heat map made with the tool.

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BitPay (Stripe for Bitcoin): $1m+ Daily Volume

BitPay (a less feature-rich Stripe for Bitcoin) claims to be processing more than $1 million USD in transactions per day.

It's hard to get a sense of how large the world of Bitcoin is, and especially hard to get a handle on the amount used for commerce vs. speculation. BitPay is one of the main merchant processing companies so this statistic is one worth paying attention to.

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Cheat Sheet: Ontario Tax Credits & Deductions for Tech Companies

What tax credits are available for software companies in Ontario?

SR&ED: 35% tax credit for Canadian-controlled private corporations (CCPC) conducting research. Infographic explanation: techvibes.com.

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Decentralized Bitcoin Exchanges

I've written a blog post on the Decentral Tumblr blog: "Decentralized Bitcoin Exchanges: A Solution with Three Big Challenges". This blog post explains what a decentralized Bitcoin exchange is, why Bitcoin industry people are keen on the idea and what the implementation challenges are.

I recommend reading the article if you're curious about where exchanges (e.g. CAVirtEx) are headed. Many people in the industry think that decentralized exchanges are what people will be using in a few years. The first person to create one that works will make a big splash.

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Ontario's 50 Top Appellate Lawyers

I've written a series of programs that process and extract the names of counsel from Ontario Court of Appeal judgements. I've analysed 8077 decisions and extracted 12,000 lawyer-case pairs (some decisions have multiple counsel).

Using the extracted data I compiled a table of the lawyers who appeared most frequently before the Court of Appeal over the last 15 years.

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ONCA Decision Word Frequency

I've extracted the words from 8077 Ontario Court of Appeal judgements and calculated the 100 most frequently used words.

The most common case-related words are what you'd expect: "appellant", "judge", "trial", etc.

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Court of Appeal Statistics: Costs

I've completed a more thorough analysis (see previous post) of Ontario Court of Appeal decisions. This analysis involves the automated extraction of costs awards from thousands of decisions between the years 2007 and 2014.

Of the cases studied, my program was able to confidently extract 1723 costs awards. Here are the statistics:

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ON Court of Appeal: Costs Stats

[Update: there's a more thorough (and slightly different) analysis available now: https://www.cameronhuff.com/blog/court-of-appeal-statistics/index.html]

I've analysed 3000 Ontario Court of Appeal judgements from 1999 to 2014 using a program I wrote that extracts costs awards. Of the 3000 randomly selected cases that I supplied it was able to extract 733 costs awards with a high degree of confidence.

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Smart Property Real Estate System

As part of my ongoing series of Bitcoin Law articles on the Decentral Tumblr blog, I've written a new post that looks at the feasibility of a blockchain-based real estate system in Ontario.

The blog post describes our current real estate registry and what it might look like if it was switched to a "smart property" system.

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Good Article on Parsing Legal Documents

Parsing legal documents is hard. It's hard if you're a lawyer and it's even harder if you're a computer. Here's an article on the Free Law Project that describes the challenge of parsing legal documents: http://freelawproject.org/2013/11/01/want-to-merge-millions-of-legal-opinions-it-wont-be-easy/.

They have a collection of similarly great content on other practical problems that arise when parsing the law.

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There are hundreds more blog posts to read, going back to 2013:
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