Summary:
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.
Topics:
Dirk Niepelt considers the following as important: Blockchain, Commitment, Contributions, Decentralized autonomous organization, Notes, Time inconsistency
This could be interesting, too:
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.
Topics:
Dirk Niepelt considers the following as important: Blockchain, Commitment, Contributions, Decentralized autonomous organization, Notes, Time inconsistency
This could be interesting, too:
Dirk Niepelt writes SNB Annual Report
Dirk Niepelt writes Banks and Privacy, U.S. vs Canada
Dirk Niepelt writes “Augenwischerei um SNB-Ausschüttungen (Misconceptions about SNB Distributions),” NZZ, 2024
Dirk Niepelt writes Bank of England CBDC Academic Advisory Group
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.