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I agree with you. If the point of a smart contract is that "code is law" and "judges doesn't make decision, the protocol does", that surely sounds like naive ha
by krisoft 9y ago
I agree with you. If the point of a smart contract is that "code is law" and "judges doesn't make decision, the protocol does", that surely sounds like naive hacker thinking.
If that's not the point of smart contracts then what is a smart contract? How is it different from that thing which we call just "contract"?
So either the smart contracts are just contracts, or they are product of naive hacker thinking.
- kcanini 9y agoI think the point is that they bundle together the agreement with the actual execution of the agreement. The execution is performed by public code that everyone can audit and verify for themselves.