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> blockchain smart contracts where code is law, more secure, trustworthy and transparent than any individual, bank, government or company. The DAO issue [0] cl
by Leace 8y ago
> blockchain smart contracts where code is law, more secure, trustworthy and transparent than any individual, bank, government or company.
The DAO issue [0] clearly showed that "code is law" doesn't really work. It's people writing cryptocurrency software and running the nodes that are "the law".
[0]: https://www.coindesk.com/ethereum-executes-blockchain-hard-fork-return-dao-investor-funds/ https://www.coindesk.com/ethereum-executes-blockchain-hard-f...