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Which is why there are layers of accountability and protections. A system of appeals. A free press. Governor and presidential pardons, etc. Of course it's not p
by InclinedPlane 10y ago
Which is why there are layers of accountability and protections. A system of appeals. A free press. Governor and presidential pardons, etc. Of course it's not perfect and of course it can, and has been, subject to tremendous corruption. But the idea that you can simply insert code based contracts into the maelstrom of human society and expect to avoid those problems is sheer fantasy.
Indeed, you call attention to the possibility of "occasional misjudgment" here, in this thread, where the context is about the complete and utter failure of the entire system due to defects in the system. You're standing next to a barn with not only the doors wide open but that is actively burning to the ground and you're trying to tell people that using the barn is safe, and only subject to occasional misjudgment.
- Nullabillity 10y agoFor the record, I never invested anything into ETH. I'm more interested in the general concept than this specific approach. That said, human day-to-day oversight has also caused massive failures. Eliminating failures completely isn't an option, but the question is how to reduce them in the long run.