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I think the ability for anyone to audit smart contracts hosted on blockchains is underrated by a lot of skeptics. Gambling, for example, is a multi-billion doll
by tuesdayrain 7y ago
I think the ability for anyone to audit smart contracts hosted on blockchains is underrated by a lot of skeptics. Gambling, for example, is a multi-billion dollar industry, and prior to Ethereum there was no way to gamble online and verify that you're playing with honest odds.
- WalterSear 7y agoIMHO, it's all there is. There's going to be a huge Poof when all the blockchain middlemen come to jesus, and accept that a blockchain's value is in not having a middle.
- derefr 7y agoWhy do you think they would ever accept that? That's like saying that snake-oil salesmen will one day "accept" that their products do nothing, and so quit selling them. Snake-oil salesmen knew what they were peddling the start; the (lack of) true efficacy of the product was never in question. That fact was just entirely irrelevant to them.