Building Tomorrow, Ep. 2: How Smart are 'Smart Contracts'?
422 views · Published 12 July 2018 · 40:46 · Indexed 31 October 2026
Channel: Libertarianism.org · 2018 · News & Politics
This week Kate Sills joins us to respond to several recent articles criticizing smart contracts. One of the issues we cover is the “Oracle problem,” which is how a self-enforcing digital contract can know whether terms have been met in the physical world. Also, we discusses how smart contracts cannot be mere transactional documents but also need to facilitate relationships, something that has led traditional contract law to purposefully include ambiguous or unenforceable clauses. Finally, we talk about Alex Tabbarok’s call for a dedicated arbitration system for smart contract disputes. Disclaimer: While squirrel mortality is referenced briefly during the episode, no members of the Sciuridae family were harmed in the making of this show.
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