Hacker News new | ask | show | jobs
by protocolture 428 days ago
The problem is that Smart Contracts aren't sold as "Computer Program" they are sold as binding agreements forged in code. The code was agreed to by all parties.

I absolutely get your position, and possibly hypocritically supported the main branch when ethereum had a big fork over exactly this issue. But its also not hard to see where the "code is law" guys are coming from.
1 comments
tempfile 428 days ago
I don't think this matters. It's equally true of natural language contracts, which are litigated constantly.
link
protocolture 427 days ago
With a legacy contract, both parties typically choose which legal jurisdiction the contract is executed in.

With a smart contract, you have the option to bake in a third parties keys to sort dispute resolution. If you choose not to, I dont see why it should be litigated instead.

To my mind, the choice not to have a mediation or dispute resolution option is just as much the "Intent" as not being hacked and drained of funds.

link