discovan

4 ms·

1. 31.▲
   by discovan 8y ago

   This is a problem of lack of decentralization in Ethereum. This is not a problem of smart contract as a concept.
2. 32.▲
   by discovan 8y ago

   Actually, smart contract DOES override existing law - if the subject of the contract is fully on-chain. In that case you can engage all the courts and police in the state, still, they won't be able to undo your transaction. Obviously,
3. 33.▲
   by discovan 8y ago

   Contracts (both smart and traditional) are first of all logic constructions. And thus: 1) this logic can be implemented with vulnerabilities, no matter in paper or software form; 2) this logic can be bad by design, allowing undesired behavi
4. 34.▲
   Oracles, or why smart contracts still haven’t changed the world(blog.smartdec.net)

   61 points by discovan 8y ago|62 comments