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Just came in to say exactly this. You can complain about how banks handle transfers all you want, but at least you have a decent shot of getting your money retu
by AndrewStephens 9y ago
Just came in to say exactly this. You can complain about how banks handle transfers all you want, but at least you have a decent shot of getting your money returned if something goes wrong.
Sooner or later some court is going to get involved in a case involving smart contracts. I imagine they will ignore what the contract says and go to intent of both parties.
- Paperweight 9y agoAnd by proving here that the blockchain can be forked at will, the whole thing might as well be hosted on an Oracle database at JPMorgan Chase.
- lightedman 9y ago"the whole thing might as well be hosted on an Oracle database" At least the performance difference would be negligibly minimal, given how bad my interactions with various OracleDBs were.
- twblalock 9y agoYeah, and I doubt the judge will be impressed by arguments about immutability, especially if the lead developer of the smart contract system has a history of suspending immutability to help his friends...