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> Do you trust Amazon, Google and Microsoft or millions of sysadmins in podunk companies to secure their infrastructure? Of course not, and when they screw up,
by dperfect 6y ago
> Do you trust Amazon, Google and Microsoft or millions of sysadmins in podunk companies to secure their infrastructure?
Of course not, and when they screw up, we lean on a robust (yet imperfect) legal system to intervene.
One of the advertised features of smart contracts is a reduced dependency on trust, so if they don't actually have that advantage (at least in relation to real-life interactions), then it's hard to say they're any better than traditional legal contracts for those use cases.