3 ms·
I don't think it is fair to expect the general public to read a Smart contract to understand its guarantees any more than it is for them to read the current leg
by captn3m0 6y ago
I don't think it is fair to expect the general public to read a Smart contract to understand its guarantees any more than it is for them to read the current legal royalty papers.
In both cases, you end up trusting a third-party (lawyer, website, software) for its interpretation. And even then the final interpretation is upto a different third party (The blockchain VM or the courts).
- Kranar 6y agoThe customer isn't the one who reads the smart contract or needs to understand it. The customer just pays for a product and receives it. The smart contract is intended to enforce provisions between an author and a publisher, and one should expect an author to understand how their property will be protected.