Blockchain Regulation Matrix
The Blockchain Regulation Matrix (BRM) establishes a framework outlining the concerns of regulating the blockchain from both the government and the consumer perspective, and in doing so, provides a pragmatic and clear approach to Web3 regulation. The BRM outlines regulation aspects of the blockchain by viewing it as a blockchain stack in many layers starting with the electricity physically supporting the blockchain at the base layer, all the way to the process of offloading crypto to fiat currency. With centralization and decentralization on either side of the matrix, the primary objective of the BRM is to understand where and how regulation of the blockchain should be developed specific to each layer.
Beginning with the electricty supporting the blockchain, as you hover over the images of each row, you'll see the specifics for that topic within that layer. The left side refers to projects that are centralized, while the right side refers to projects that are decentralized. For example, if there was an organization or business that wanted to provide electricity to miners in their area, that would be a centralized project. However, if there was a solar farm operating as a DAO that wanted to provide electricity to miners, that could be a decentralized project.
There are two illustrations of the Blockchain Regulation Matrix below, a short-form immediately below and a long-form afterwards.
Hover over the icons to preview each topic, and click any icon to pin its details — the address bar then links straight to that cell, ready to share.
Computation-intensive Consensus Mechanisms
This row applies only to the blockchains with computation-intensive consensus mechanisms.
Notable incidents
- GHash.io majority hash rate (2014) — A single pool briefly exceeded 51% of Bitcoin hash rate and voluntarily capped itself — proving pool concentration is a real, recurring dynamic.
- Bitcoin Gold 51% attack (2018) — Rented hash power double-spent ~$18M against exchanges, showing smaller PoW chains inherit PoW's model without its security budget.
- The Ethereum Merge (2022) — The largest PoW network migrated to PoS live, cutting energy use ~99.95% — the existence proof for consensus migration.
