Re:You Do Not Need Blockchain: Popular Use Cases and Why The...
by naasking on Friday February 22, 2019 @08:19PM
(#19230910)
Three points:
1. Smaller trusted computing base. That's the whole reason I'm suggesting crypo might provide a more reliable foundation than a layered social structure.
2. Open source tools will exist.
3. Verification is more feasible now than ever. The more money that's involved, the more people will want formal guarantees. The Ether "thefts" of the past few years have highlighted exactly the deficiencies that I've been pointing out in these past few comments. Already some new contract languages have been proposed that are formally verified, simpler and provide meaningful static guarantees, with little meaningful loss in expressiveness. This situation will only improve in the coming years.
1. Smaller trusted computing base. That's the whole reason I'm suggesting crypo might provide a more reliable foundation than a layered social structure.
2. Open source tools will exist.
3. Verification is more feasible now than ever. The more money that's involved, the more people will want formal guarantees. The Ether "thefts" of the past few years have highlighted exactly the deficiencies that I've been pointing out in these past few comments. Already some new contract languages have been proposed that are formally verified, simpler and provide meaningful static guarantees, with little meaningful loss in expressiveness. This situation will only improve in the coming years.