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Completely different property rights enforcement (programmable and decentralized). Sure a theft may still have to be resolved via the courts, but it significant
by splintercell 6y ago
Completely different property rights enforcement (programmable and decentralized). Sure a theft may still have to be resolved via the courts, but it significantly reduces many overheads.
- hannasanarion 6y agoThefts on the blockchain can't be resovled by the courts, that's the entire point. Billions of dollars worth of bitcoin, eth, and other coins have already been stolen through hacks of exchanges, fraudulent exchanges, and buggy smart contracts, and none of it can ever be returned because the transaction history is immutable and new transactions require digital signatures.