The Economist reports about cyber thieves “outsmarting” a smart contract. Well, what does that mean? Engaging with a code that runs in all states of the world is to engage with a complete contract. How can one outsmart a complete contract? Previous post on smart contracts and commitment.
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Dirk Niepelt considers the following as important: Blockchain, Commitment, Contributions, Decentralized autonomous organization, Notes, Time inconsistency
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The Economist reports about cyber thieves “outsmarting” a smart contract.
Well, what does that mean? Engaging with a code that runs in all states of the world is to engage with a complete contract. How can one outsmart a complete contract?
Previous post on smart contracts and commitment.