alt Hacker NewsI love watching the HN comment hivemind speedrun the history of blockchain innovation every time this comes up. You just reinvented smart contracts on Ethereum, keep going :-)
Replies
baq • today at 7:41 AM
I love watching cryptobros speedrun the history of finance :-)
XorNot • today at 6:32 AM
Smart contracts can only enforce things which happen on the chain.
No smart contract can prove you were not actually delivered your goods without trusting someone else.
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UltraSane • today at 7:14 AM
smart contracts need some link to reality that has to be.... trusted.
No amount of smart contracts can solve the situation where one party says "I shipped you the widgets you ordered; pay me" and the other says "I received a box with a brick in it" -- you need some trusted third party to decide based on reasonable heuristics who is trying to commit fraud, based on e.g. is this the first or the tenth time this has happened.