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I’m a crypto skeptic so I may be missing something. This sounds impossible. If users deposit to a wallet SBF has control of, he can fraud all he likes. It’s mat

• squirtlebonflow 4y ago
  It is possible to have: * A contract (a piece of software) hosted on the network * This contract is immutable (its code cannot be changed) * This contract defines rules such as allowing deposits, withdrawals, and trades, and those functions of withdrawing deposits or enacting trades require transactions signed by the depositor In that scenario, it is a deposit, is controlled (and thus owned, both legally and cryptographically) by the users. In real life, these contracts are generally mutable, so there is the possibility that users can still get fucked over.
  • mrbombastic 4y ago
    Contracts and law being mutable and open to interpretation by squishy brained humans is a feature not a bug. Yeah too much mutability you get room for corruption and selective enforcement/application, too little you have a contract that might do what it says or it might accidentally empty your bank account with no recourse because a flawed human implemented it and the world is complicated.
• siftrics 4y ago
  Smart contracts have existed for more than 5 years now. You can retain fully custody of funds deposited into DEXs.