From: Jeremy Rubin a
Sent: Wednesday, August 24, 2016 6:23 PM
To: Joi Ito
Cc: Jeffrey Epstein
Subject: Re:
Yeah.
http:=/staticl.squarespace.com/static/55f73743e4b051cfcc0b02cf/t/57bda2fdebbdlac=9c0309b2/1472045822585/cor
da-introductory-whitepaper-final.pdf Note th= authorship -- Mike Hearn.
</=iv>
Key piece is this -- basically look= like a minor fork of ethereum.
5.2 Comparisons t= Ethereum
Like Ethereum, cod= runs inside a relatively powerful virtual machine and can contain complex logic. Non-assembly
based programming languages can be used for contract programming. They are both intended for the modelling of
many dio<=pan style="font-size:10ptfont-family:CMR10">erent kinds of financial co=tracts.
However, the term =E24,0contract" in Ethereum refers to an instantiation of a program that is replicated and
maintained by every participating node. This instantiation is very much like an object in an Object Oriented program:
it=can receive and send messages, update local storage and so on. In contrast, our implementation of the smart contract
in code refers to a set of functions, =nly one of which is a part of keeping the system synchronised (the verify function).
That function is pure and stateless (i.e., it may not interact with any oth=r part of the system whilst executing). As
contracts do not have any kind of mutable storage, there is no notion of a "message". Ethereu= also claims to be a
platform not only for financial logic, but literally any kind of appli=ation at all. Our platform considers non-financial
applications to be out of scop=, at least initially.
On Wed, Aug 24, 2016 at 5:19 AM, Joi Ito ‹ » wrote:
Interesting. Do you know about this Jeremy?=div>
On Aug =4, 2016, at 5:59 AM, jeffrey E. <jeevacation@gmail.com <mailto:jeevacation@gmail.co=»
wrote:
EFTA_R1_00106406
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http://seekingalpha.com/news/3205022-major-banks-icap-join=create-digital-
currency?app=l&uprof=29gemail_link <http://seekingalpha.com/news/3205022-major-banks-i=ap-join-create-digital-
currency?app=1&uprof=29gemail_link>
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