Resources
There is no blog here yet.
Rather than publish thin commentary on a schedule, the writing that exists is in the concept pages and the architecture decision records — where it is attached to something that can be checked.
Where the actual arguments are
What a token actually representsWhy the legal claim is the product, and why divisibility is not liquidity.Read moreChoosing a token standardWhy a plain fungible token is not a shortcut for a restricted security but the wrong instrument.Read moreWhy servicing is where losses happenRecord dates, exact allocation, and refusing a split that would truncate a holder’s position.Read moreMatching money to a subscriptionWhy a reference is the only acceptable match, and what happens to credits that have none.Read more
When there is something worth saying
We will publish here when we have run something real and learned something from it. An empty section is more honest than a filled one, and easier to fix later.