Legal positions

 

SuperGym Ltd, which manages a chain of sports fitness centres, places the following advertisement on its website, dated 5 January.
Pay for one year’s standard membership at a SuperGym Fitness Centre, and swim 400 consecutive laps in one of our pools by 10 January and you will be rewarded with a free one-year membership for your spouse. Happy swimming and good luck!
Owing to bad publicity, resulting from some of its new members suffering heart attacks in its swimming pools, on the morning of 8 January, SuperGym Ltd placed a prominent notice on its website withdrawing the promotional membership campaign of 5 January contained on its website.

Discuss the legal position of the parties in the following separate situations:

1. Albert paid for a year’s membership at his local SuperGym Fitness Centre on 7 January. The following day he logged on to SuperGym’s website and noticed the revocation. Nevertheless, he attempted to swim the 400 laps that afternoon but found that he did not the stamina to complete more than 25 laps.

2.Belinda applied for a year’s membership on the morning of 10 January. Whilst arranging for payment of her membership fee, she was informed of SuperGym Ltd’s promotion. As Belinda was a long-distance swimmer, she immediately rushed into the changing rooms to prepare for the challenge. However, before entering the pool, she was told of SuperGym’s revocation by the pool attendant.

3.Clare received free membership at the SuperGym Fitness Centre on 6 January, having won a competition run by a local supermarket. She successfully swam 400 laps which was reported on local TV, but was subsequently refused free membership for her spouse as she had not paid for her own membership.

 

Sample Solution

DigiByte is one of the oldest open-source blockchains, coming into existence in January 2014, founded by Jared Tate. Jared has a military background and saw blockchains being potentially used for cybersecurity. DigiByte focuses on digital payments and smart applications in the cybersecurity industry. It is already highly decentralized with over one hundred thousand servers, computers, phone, nodes, etc. worldwide.
Digibyte utilizes five secure and advanced mining algorithms to prevent mining centralization which is common in Bitcoin and other single-algorithm blockchains. It also has increased scalability and implementations of various technologies that work to counter cyber threats.

Zilliqa

Zilliqa is a blockchain platform which focuses on solving numerous problems when scaling public blockchains. With Zilliqa’s netowrk, the number of transactions increases at a linear rate to the number of nodes.

This is important because as nodes increase, so will its ability to handle high transaction volume. Ziliqa has successfully run a test on their network where they were able to achieve 1,200 transactions with only 2,400 nodes. This is proof of their ability to achieve their goals.
Zilliqa was also the first network to successfully integrate “sharding” into a public blockchain. This is useful when improving the rate of scalability, bandwidth, and performance in blockchains. Sharding splits nodes in smaller nodes, “shards”, which then can be used to conduct micro-transactions in each block within the blockchain. This technology also makes it more energy efficient to mine.

Decred

Decred or “decentralized credit”, is a digital currency that uses a community based governance model to determine the future of it’s blockchain protocol. The core mission of this project is to solve issues with blockchain governance. Bitcoin has had many problems with the community not being able to agree upon protocol changes, such as block sizing and hard/soft forks in the blockchain. Decred employs a hybrid of Proof-of-Work (PoW) and Proof-of-Stake (PoS) mining to decentralize the decision making process. The team behind Decred is made up of developers who volunteer their time and choose to remain pseudo-anonymous. This is intended for a decentralized implication in their image, but not fully understood. Community members can still interact with them via telegram, reddit, etc.

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