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by Nextgrid 1334 days ago
What useful thing do those smart contracts achieve in practice? The only place they have authority over is their respective blockchain. They are powerless in the real world, always relying on some centralized entity to sync real-world state with blockchain state, but doing so inherently throws away all the benefits of running on a blockchain, so you may as well just let the centralized entity run a good old database and call it a day.