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after reading the article and some comments, i thought i would comment my own grievance with the article. i think there is a disconnect between the quantifiable
by dwmbt 5y ago
after reading the article and some comments, i thought i would comment my own grievance with the article. i think there is a disconnect between the quantifiable trust a blockchain offers and the authors interpretation. specifically, he mentions that "the code these nodes are running is available for anyone to inspect (trust)" and that "smart contracts can be trusted to a large extent because they operate in the open, are kept in check by the ecosystem, and even often have voting protocols in place to govern changes."
yeah, that's actually a good enough explanation of what's going on there. yet, this doesn't seem to be enough for the author. i guess my biggest annoyance is that they seem to think a smart contract is just a series of if/else conditionals that can be ported onto an AWS instance.