Byzantine Generals’ Problem: Crypto and Blockchain: Understanding the Technology and Challenges It Presents  

· June 15, 2023
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Cryptocurrencies and the blockchain have evolved from a novelty to established payment forms and processes to the subject of financial scandals with billions of dollars at stake.  Knowledge of the safety features around these technologies can be the difference between secure investments and a stolen identity. 

  • Attorneys: Understanding what cryptocurrencies are and how they are mined has become essential for attorneys advising clients in the decentralized finance or technology sector. 
  • Technologists entering the decentralized finance sector will appreciate this seminar as a helpful refresher on the technology and its potential legal implications. 

Part 1 of 2 

“Lawyers, Bitcoin is not Blockchain.” In Part 1 of this seminar, our expert speakers break down blockchain technology, deliver a clear and expansive explanation of cryptocurrencies such as Bitcoin and Ethereum, and explain what makes encryption technology safe and functional. They delve into the ‘cost of trust’ in a “traditionally trustless environment” and the creation of tamper-resistant ledgers for a community. What is the difference between public and private keys? How does phishing play a role in cryptocurrencies? 

Topics covered in this webinar:    

  1. Blockchain Basics 
  1. Cryptography 101 
  1. Append Only Ledgers 

Part 2 of 2 

In Part 2 of this seminar, our expert speakers discuss consensus protocols and decentralized systems, expand on digital signatures and transactions, and discuss network ecosystems, incentives, and mining. Our speakers also delve into governance, forks, and collective action, concluding their conversation with the key takeaways from a legal perspective. 

Topics covered in this webinar:    

  1. Consensus 
  1. Digital Signatures & Transactions 
  1. Decentralized Networks, Incentives & Mining 
  1. Governance, Forks, and Collective Action 
  1. Takeaways from a Legal Perspective 


Daniel B. Garrie, Esq. – Founder, Law & Forensics; Neutral, JAMS; Faculty, Harvard
David Cass – Senior Partner at Law & Forensics

Tiffany Smith – Partner, WilmerHale
Nick Rotchadl – General Counsel

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Course Includes

  • 2 Lessons
  • Course Certificate