Labour, Capital, and Constitutional Error: Why Proof-of-Work and Proof-of-Stake Cannot Be Regulated as One
A Doctrinal Analysis of Consensus Mechanisms Under U.S. Securities, Tax, and Administrative Law. There are moments in legal development when a category error, left unchallenged, metastasizes into doctrine. It begins innocently enough—with regulators faced by novelty, commentators seduced by simplification, and policymakers eager for a framework that can