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Decentralized consensus based authorization backed by the blockchain, instead of relying on some central authority to verify and enforce the validity of the con

Decentralized consensus based authorization backed by the blockchain, instead of relying on some central authority to verify and enforce the validity of the contract? At least, afaik that's the concept behind ethereum's "Smart Contracts"

gspr 5y ago
The validity of the contract can only be enforced by the justice system anyway!
- cle 5y ago
  I don’t think anyone disagrees with that.