For the first version of OpenCoin we had funding from the LDA, which allowed us to get OpenCoin reviewed from a technical and legal perspective.
Technical / Crypto review#
The review of the preliminary protocol was done by:
The technical review did not find “any obvious flaws”. 1“We did not fall of our chairs, laughing, which we normally do, when we are approached by industry”
We also had a legal review of our ideas by:
The legal report examines under which circumstances OpenCoin could be run (at the time). Legal circumstances have changed since then, so we would recommend do have another legal review.
There was also a freemind mindmap, that shows the structure of the legal issues. Here exported as an image:
It is also available as a standalone html file