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At that point, why have the smart contract? If you want 'automation', just get a trustworthy third party to execute the financials for you , as is already done
by crooked-v 5y ago
At that point, why have the smart contract? If you want 'automation', just get a trustworthy third party to execute the financials for you , as is already done with (for example) most real estate contracts.
- solveit 5y ago> trustworthy third party Merits aside, sidestepping the need for this is the whole point of blockchain.
- withinboredom 5y agoApparently you can’t even trust the um, paper, it’s written on
- nkrisc 5y agoWhy have smart contracts indeed, if executing the code in the contract is called a "hack." Perhaps in the case in the article a trusted third party would have been superior and there wouldn't be $10M missing.