3 ms·
There are fundamental problems with smart contracts over public blockchains like Ethereum and Bitcoin. Can they be solved? * No guarantee of transaction execu
by mbgaxyz 11y ago
There are fundamental problems with smart contracts over public blockchains like Ethereum and Bitcoin. Can they be solved?
* No guarantee of transaction execution
* Turing-complete smart contracts are slow
* Scaling is a moonshot
* Oracles break the trust model
* Public blockchains struggle to stay decentralized
More here:
https://makebitcoingreatagain.wordpress.com/2016/02/10/5-challenges-facing-smart-contracts/ https://makebitcoingreatagain.wordpress.com/2016/02/10/5-cha...