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0 pointsAnon10963y ago0 comments

Smart contracts is what makes it possible.

0 comments

They are neither smart, nor contracts. They are pieces of code written in an esoteric language running in world's most inefficient and expensive VMs where every single operation is billed to the user.

pcthrowaway3y ago

> They are neither smart

Well certainly not the way I write them.

Anyway, this is like arguing a lazy susan is neither lazy, nor involves anyone named Susan. If you know what "smart contracts" as a phrase refers to, I don't understand why you keep bringing this up on HN. We're intelligent enough here to discern that "smart contracts" isn't referring to sentient documents

dmitriid3y ago

Ah yes. "We're intelligent enough" in a subthread that starts with "smart contracts make [distributed computing and whatever else] possible".

latchkey3y ago

Oh yea, that's definitely the end of the world and can never be improved upon.

https://ewasm.readthedocs.io/en/mkdocs/

danielmarkbruce3y ago

It was possible already. BOINC (and dozens of others) do this.

Smart contracts might be one way to implement it, but it isn't required and doesn't appear to be an improvement on any dimension that people outside crypto care about.

j / k navigate · click thread line to collapse

0 comments

dmitriid3y ago

pcthrowaway3y ago

> They are neither smart

Well certainly not the way I write them.

dmitriid3y ago

Ah yes. "We're intelligent enough" in a subthread that starts with "smart contracts make [distributed computing and whatever else] possible".

latchkey3y ago

Oh yea, that's definitely the end of the world and can never be improved upon.

https://ewasm.readthedocs.io/en/mkdocs/

danielmarkbruce3y ago

It was possible already. BOINC (and dozens of others) do this.

Smart contracts might be one way to implement it, but it isn't required and doesn't appear to be an improvement on any dimension that people outside crypto care about.

j / k navigate · click thread line to collapse