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Is this not the same problem when interacting with any other site? There is nothing stopping people from navigating to faecbook.com and entering their account d
by jimmydorry 5y ago
Is this not the same problem when interacting with any other site? There is nothing stopping people from navigating to faecbook.com and entering their account details. At some point there is a bare minimum literacy expected of users.
As to how they would know if it's the real smart contract: they would see what it was via their wallet after interacting with it the first time.
- acdha 5y agoProving the correctness of a program is a famously hard CS problem, not “bare minimum literacy”. > As to how they would know if it's the real smart contract: they would see what it was via their wallet after interacting with it the first time. In other words, the system is not safe to use. People will reliably be fooled into thinking that they're interacting with someone else — the difference is that if you go to amaz0n.com and enter your credit card info, your liability is capped at a low amount and will likely be zero because the regulated financial industry has a fraud handling mechanism better than “the people who profited from you buying their tokens will mock you for being phished”.