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Abstract

I. Introduction

II. A Distributed Ledger Technology Primer ... A. Distributed Ledger Technology: Bitcoin’s Blockchain, Ethereum, and Beyond ... B. A Brief Introduction to Smart Contracts

III. Defining Cryptolaw ... A. Distributed Ledger Technology Will Lead to Cryptolaw ... B. Three Possible Methods of Adopting Crypto-Legal Structures ... 1. Government Adoption of Industry-Created Crypto-Legal Structures ... 2. Crypto-Legal Structures Directly Coded by Government ... 3. International Development of Crypto-Legal Structures ... C. More than Just Another “Law of the Horse”

IV. Conceptualizing Cryptolaw as Disruptive Legal Discourse ... A. Disruption of Substantive Law ... 1. Simplification of Substantive Law ... 2. Emergence of New Regulatory Actors ... B. Disruption of Legal Structure … 1. Disruption of Established Patterns of Enforcement and Related Regulatory Policy Choices ... 2. Disruption of Choices in Legal Forms ... C. Disruption of Legal Culture ... 1. Cryptolaw Envisions a World Without Law Lag ... 2. Cryptolaw Anticipates That Developers Writing Code May Determine Crypto-Legal Culture More than Lawyers

V. Challenges, Implications, and Consequences of Adopting Crypto-Legal Structures ... A. Drawing Boundaries Around Cryptolaw’s Scope ... B. Expecting Unexpected Results ... C. Cryptolaw Will Encourage Discourse Regarding Alternative Governance Models

VI. Conclusion

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