[notlambda]

Maybe define who can patch the contract at time of creation. In many cases you are already trusting the developer not to suicide the contract and run away with the money so I don't see how that would change things.

[jnwatson]

The point of all this automated contract enforcement is so that you don't have to trust the counterparty to abide by the terms.

If you trust the counterparty enough to allow the entity to change the terms of the contract, why use Ethereum?

[celticninja]

M of n signatories required to patch.