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I'm wondering if newer projects like Cardano are trying to address reversibility at all. To me this looks like the real roadblock for crypto. No financial insti
by uh_uh 5y ago
I'm wondering if newer projects like Cardano are trying to address reversibility at all. To me this looks like the real roadblock for crypto. No financial institution wants to go broke because of a bug in the code. Granted, this can also happen in traditional finance, albeit with crypto it looks a lot easier to achieve.
- maliker 5y agoIs this an evolutionary mechanism that weeds out buggy DeFi contracts? Not saying the process to get to the end with a few trusted contracts/systems is going to be painless.
- jstx1 5y agoIt weeds out buggy ones but it doesn't guarantee that the ones that remain aren't buggy.
- soco 5y agoI thought a big selling point for crypto was exactly this irreversibility. If we start building in crypto everything a fiat has, on one side we're reinventing the wheel and on the other neutralizing its (theoretical?) advantages.