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by ByteJockey
1473 days ago
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> but that puts implacable emotionless code in the driving seat, and the article explains very eloquently why that's a bad thing. To re-iterate my previous point, putting code in the driver's seat would imply that something like the etherium network decides what transactions to make (or possibly entering into their flavor of smart contracts by itself). I have not heard of any proposals for this. |
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"Smart contracts are a type of Ethereum account. This means they have a balance and they can send transactions over the network. However they're not controlled by a user, instead they are deployed to the network and run as programmed. User accounts can then interact with a smart contract by submitting transactions that execute a function defined on the smart contract. Smart contracts can define rules, like a regular contract, and automatically enforce them via the code. Smart contracts cannot be deleted by default, and interactions with them are irreversible."
So if they can send transactions over the network, and are not controlled by a user, how is that not putting code in the driver's seat?