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If I understood it correctly the letter claims Ethereum wrote in the end user contract that anything ammissible by the contract is the contract. So not upholdin
by LoSboccacc 10y ago
If I understood it correctly the letter claims Ethereum wrote in the end user contract that anything ammissible by the contract is the contract. So not upholding that would be breach of contract.
- rabz 10y agoNot a lawyer, but a contract requires that all parties must gain some consideration for their entry into the contract. That the blockchain enforces the proposer's "smart contract" without giving material return to the token-holders means that the proposer's claim is unenforceable in a real-life court. No consideration, no (real-world) contract, no breach if some consensus fork emerges.
- LoSboccacc 10y agosame ianal disclaimer, but here's the thing, this was built for allowing anonymous contract participation, if you can't participate in a contract without agreement from all parties that'd put the whole smart contract to an end. everyone would be able to seek damages from etherium from transactions they didn't like