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Each time I’ve given crypto a chance, I get about 5 minutes into looking at Ethereum contracts and the EVM and end up walking away because it’s such a mess IMO.

Each time I’ve given crypto a chance, I get about 5 minutes into looking at Ethereum contracts and the EVM and end up walking away because it’s such a mess IMO. It really all feel very junior.

Consultant32452 4y ago
At this point I wouldn't bother with smart contracts and just use it as a medium of exchange or investment. However, if Ethereum sticks around there will be standardized, off the shelf contracts for people to use that have wide-spread testing/adoption. Once we reach that level of maturity then it could make sense to use it for things like escrow on a contract/purchase.
- TimJRobinson 4y ago
  There already is: https://openzeppelin.com/ https://openzeppelin.com/ Most people use them for their projects, but you don't hear about them because they don't make it to hacker news as only crypto pessimism is upvoted here.
- denton-scratch 4y ago
  How do you use ETH on a contract to purchase goods? How does the contract know when it has been completed? I can imagine using ETH for escrow; but there has to be a human in the loop for escrow, to direct escrow funds to be released. I guess one could contrive a situation where a "contract" could autonomously determine when it had been completed. But that's not the general case.
  - aaaaaaaaata 4y ago
    > How does the contract know when it has been completed? Escrow, or an oracle (checking, say, FedEx delivery.)
  - Consultant32452 4y ago
    You put $10k in escrow to buy a house. Either both parties agree (human intervention) that the requirements have been met and the escrow is released to the seller, or the funds are returned to the buyer after some deadline.
    - aaaaaaaaata 4y ago
      Always good to have a consultant around to explain the tough words ;)
everfree 4y ago
What do you dislike about the EVM?
- otterley 4y ago
  This is admittedly secondhand knowledge, but my understanding is that the EVM was written with 128 bit words, and consequently cannot be implemented using any common general purpose computer hardware. All of its operations have to be implemented in software, making it significantly slower than it could be as a result.
  - aaaaaaaaata 4y ago
    Isn't the whole point making the decentralized network itself the computer...?
    - otterley 4y ago
      Market makers need the ability to process transactions quickly. There is indeed a network of computers involved, but each computer is, well, a computer, and needs to make computations in order for transactions to process.
      - aaaaaaaaata 4y ago
        Does a zkEVM by Loopring+Vitalik consulting on it scratch your itch?

Each time I’ve given crypto a chance, I get about 5 minutes into looking at Ethereum contracts and the EVM and end up walking away because it’s such a mess IMO. It really all feel very junior.

Consultant32452 4y ago

At this point I wouldn't bother with smart contracts and just use it as a medium of exchange or investment. However, if Ethereum sticks around there will be standardized, off the shelf contracts for people to use that have wide-spread testing/adoption. Once we reach that level of maturity then it could make sense to use it for things like escrow on a contract/purchase.

TimJRobinson 4y ago
There already is: https://openzeppelin.com/ https://openzeppelin.com/ Most people use them for their projects, but you don't hear about them because they don't make it to hacker news as only crypto pessimism is upvoted here.
denton-scratch 4y ago
How do you use ETH on a contract to purchase goods? How does the contract know when it has been completed? I can imagine using ETH for escrow; but there has to be a human in the loop for escrow, to direct escrow funds to be released. I guess one could contrive a situation where a "contract" could autonomously determine when it had been completed. But that's not the general case.
- aaaaaaaaata 4y ago
  > How does the contract know when it has been completed? Escrow, or an oracle (checking, say, FedEx delivery.)
- Consultant32452 4y ago
  You put $10k in escrow to buy a house. Either both parties agree (human intervention) that the requirements have been met and the escrow is released to the seller, or the funds are returned to the buyer after some deadline.
  - aaaaaaaaata 4y ago
    Always good to have a consultant around to explain the tough words ;)

everfree 4y ago

What do you dislike about the EVM?

otterley 4y ago
This is admittedly secondhand knowledge, but my understanding is that the EVM was written with 128 bit words, and consequently cannot be implemented using any common general purpose computer hardware. All of its operations have to be implemented in software, making it significantly slower than it could be as a result.
- aaaaaaaaata 4y ago
  Isn't the whole point making the decentralized network itself the computer...?
  - otterley 4y ago
    Market makers need the ability to process transactions quickly. There is indeed a network of computers involved, but each computer is, well, a computer, and needs to make computations in order for transactions to process.
    - aaaaaaaaata 4y ago
      Does a zkEVM by Loopring+Vitalik consulting on it scratch your itch?