Insights
Key ideas in brief
A collection of brief notes on the vocabulary and structures of digital money. Each entry can be read on its own. Check the official source named in each note, since definitions and rules are updated over time.
Token Supply: Maximum, Circulating and Burned
What maximum, total and circulating supply each measure, how issuance and burning change them, and the questions to ask when a project page quotes a supply claim.
Pegs and redemption: what par value really means
Why a stablecoin that is meant to be worth one unit of currency can trade away from that value, who can actually redeem it, and what the promise depends on.
Privacy and Anti-Spam Law for Crypto Websites
How federal privacy law and Canada's anti-spam legislation apply to a crypto website that collects personal data or sends email, and where the federal privacy bill stands.