Re:Ethereum from scratch – Part 1: Ping
by erikpukinskis on Friday July 21, 2017 @08:56PM
(#14824832)
It doesn't need to be bug free if there are checks and balances. Like an independent contract layer that holds funds in escrow for 10 days and allow a third party to cancel fraudulent transaction under certain conditions.
You don't need to prevent all bad behaviors, just slow attackers down.
Of course sometimes they can get through the review process too, but you start having probabilities you can multiply to decrease the likelihood of losses.
Over time we'll start to have good defaults for how those checks work. For now it's the wild west.
You don't need to prevent all bad behaviors, just slow attackers down.
Of course sometimes they can get through the review process too, but you start having probabilities you can multiply to decrease the likelihood of losses.
Over time we'll start to have good defaults for how those checks work. For now it's the wild west.