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Newer contracts, if built well, have rescue mechanisms built in.
by mtnGoat 5y ago
Newer contracts, if built well, have rescue mechanisms built in.
- awhitby 5y agoIt's notable that after hundreds of years of experience in writing contracts, real world legal systems still rely on courts to interpret them in a reasonable and equitable manner because we cannot possibly anticipate every edge case and build in every rescue mechanism. Smart contracts really shouldn't be called contracts - it's a misleading analogy.
- mtnGoat 5y agoSmart is laughable, they are just functions that live on someone else’s computer. ;)