Re:A hacker stole $31M of Ether – how it happened, and what ...
by JumpCrisscross on Friday July 21, 2017 @02:08PM
(#14822597)
> the participants to such a contract have agreed that the execution of that software is the entirety of their transaction
This is where the law could disagree with you. If you and I agree that you are my slave, that agreement is null and void. Similarly, the law does not automatically recognise the supremacy of smart contracts just because the parties thereto said so. If a dispute arose, damages could certainly be ordered by a court of law.
This is where the law could disagree with you. If you and I agree that you are my slave, that agreement is null and void. Similarly, the law does not automatically recognise the supremacy of smart contracts just because the parties thereto said so. If a dispute arose, damages could certainly be ordered by a court of law.