【Source】MODERN LAW REVIEW
【Abstract】This paper critically examines the intersection and interactions between conventional law produced and enforced by national legal systems (ie the 'code of law') and the internal rules of blockchain systems, which take the form of executable software code and cryptographic algorithms operating across a distributed computing network ('code as law'). In so doing, it seeks to identify whether, and to what extent, 'regulation by blockchain' will successfully avoid governance by conventional law. It identifies three different ways in which the code of law is likely to interact with code as law, based primarily on the intended motives and purposes of those engaged in activities in developing, maintaining or undertaking transactions upon the network. It argues that these different classes of case are likely to generate different kinds of dynamic interaction between the blockchain code and conventional legal systems, and critically examines the normative foundations of these emerging and anticipated interactions.
【摘要】本文批判性地研究了由国家法律体系（即“法律代码”）产生和执行的传统法律与区块链系统的内部规则之间的交叉和相互作用，区块链系统的内部规则以可执行软件代码和密码算法的形式在分布式系统中运行。计算网络（“代码即法律”）。通过这样做，它试图确定“区块链监管”是否以及在多大程度上将成功避免传统法律的治理。它主要基于在网络上从事开发、维护或进行交易活动的人的预期动机和目的，确定了法典可能与法典互动的三种不同方式。它认为这些不同类别的案例可能会在区块链代码和传统法律系统之间产生不同类型的动态交互，并批判性地检查这些新兴和预期交互的规范基础。
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