EFTA Document EFTA01784815

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. <[email protected] <mailto:[email protected]=» wrote: EFTA_R1_00106406 EFTA01784815 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> please note The=information contained in this communication is confidential, may be att=rney-client privileged, may constitute inside information, and is inten=ed only for the use of the addressee. It is the property of TEE U=authorized use, disclosure or copying of this communication or any part=thereof is strictly prohibited and may be unlawful. If you have receive= this communication in error, please notify us immediately by return=e-mail or by e-mail to [email protected] <mailto:[email protected]>, and destroy this communication and al= copies thereof, including all attachments. copyright -all rights reser=ed 2 EFTA_R1_00106407 EFTA01784816