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by mbrock 3498 days ago
I think Ethereum users will mostly converge on a limited set of useful cookie cutter contracts and simple combinations thereof. New types of contracts will hopefully be received with skepticism, as "The DAO" should have been. So the premise isn't really undermined. It's just that the focus on writing custom contracts in a programming language will diminish as the basic framework matures.
1 comments

That is not the vision Ethereum was sold on.
There was always a pretty limited range of basic use cases for smart contracts: crowdsales, auctions, debt registries, currency tokens, multisig wallets, etc.

As people begin to use Ethereum for real-world organizations, they will of course prefer to use popular, tested, verified implementations of these basic contract types.

I'm not sure what vision you refer to, but anyway, original visions aren't binding!

>they will of course prefer to use popular, tested, verified implementations of these basic contract types.

That worked out so well with the DAO. There was, of course, at least one person who did take the trouble to do his own investigation of its security ;-)

Perhaps you could point us to some verified implementations of these basic contract types (together with the arguments for their veracity, of course.)