4 ms·
I doubt the judge is going to care that the “contract” passed through a bunch of different peoples hands (nodes in a network). They could still fine the seller
by Pulcinella 5y ago
I doubt the judge is going to care that the “contract” passed through a bunch of different peoples hands (nodes in a network). They could still fine the seller or order them to return the funds to X.
If Y can’t be hauled into court because they are in another country or you just don’t know their identity, well that isn’t a problem specific to these “distributed smart contracts.”
- lazide 5y agoIt is actually a problem specific to these types of contracts. It is very difficult to nearly impossible for me to get money to a company somewhere right now in a way that doesn’t surface who they are and where they are at in some really obvious (and traceable) way - part of the US War on Terror is the anti money laundering, and know your customer rules and heavy handed enforcement of US financial control. In this case, you send some ether somewhere.