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The point would be that smart contract make sense if and only if they can be meaningfully deployed inside a single platform. I agree that they make little sense
by afiori 7y ago
The point would be that smart contract make sense if and only if they can be meaningfully deployed inside a single platform. I agree that they make little sense for physical systems.
But something along the lines "I will pay you X bags if you send me a signed pdf with a specific hash" makes total sense.
They strongly should not be used for anything that would need a lawyer. That would just be a ticking bomb.
- dmitriid 7y ago> But something along the lines "I will pay you X bags if you send me a signed pdf with a specific hash" makes total sense. How would it make any sense? Who is there to enforce that I will actually send you _X_ bags? That I will send you X _bags_? Who is there to verify that contract for a non-programmer? There are literally no use cases for smart contracts because they will always need either a complete trust between the parties or a third-party arbiter for all the things that lawyers and notaries and banks already exist.