Re:A hacker stole $31M of Ether – how it happened, and what ...
by return0 on Tuesday July 25, 2017 @09:14AM
(#14847444)
> When a smart contract goes wrong, there are no fallbacks.
Like others have suggested, there is a fallback just like in other systems, it's just not formalized - yet. The difference is that in government there must always be a fallback , while smart contracts leave open a possibility that in the future, with an ideally unhackable contract, the fallback can potentially be removed.
Like others have suggested, there is a fallback just like in other systems, it's just not formalized - yet. The difference is that in government there must always be a fallback , while smart contracts leave open a possibility that in the future, with an ideally unhackable contract, the fallback can potentially be removed.