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Smart contracts is what makes it possible.

• dmitriid 4y ago
  They are neither smart, nor contracts. They are pieces of code written in an esoteric language running in world's most inefficient and expensive VMs where every single operation is billed to the user.
  • latchkey 4y ago
    Oh yea, that's definitely the end of the world and can never be improved upon. https://ewasm.readthedocs.io/en/mkdocs/ https://ewasm.readthedocs.io/en/mkdocs/
  • pcthrowaway 4y ago
    > They are neither smart Well certainly not the way I write them. Anyway, this is like arguing a lazy susan is neither lazy, nor involves anyone named Susan. If you know what "smart contracts" as a phrase refers to, I don't understand why you keep bringing this up on HN. We're intelligent enough here to discern that "smart contracts" isn't referring to sentient documents
    • dmitriid 4y ago
      Ah yes. "We're intelligent enough" in a subthread that starts with "smart contracts make [distributed computing and whatever else] possible".
• danielmarkbruce 4y ago
  It was possible already. BOINC (and dozens of others) do this. Smart contracts might be one way to implement it, but it isn't required and doesn't appear to be an improvement on any dimension that people outside crypto care about.