Re:Crypto wallet security as seen by security engineers
by VTimofeenko on Wednesday December 15, 2021 @06:26PM
(#29572860)
Well in crypto there does seem to exist a somewhat widespread notion of "code is law". If the existing business logic is used to do something undesirable (transfer all money to another person) - in such axiom set that action would be considered in line with the " law".
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Re:Crypto wallet security as seen by security engineers
by SEJeff on Wednesday December 15, 2021 @07:37PM
(#29573430)
"code is law" has yet to be tested in courts. It is highly suspect that actual humans in a jury would all agree this is the case.
Re:Crypto wallet security as seen by security engineers
by pcthrowaway on Wednesday December 15, 2021 @08:28PM
(#29573759)
We'll have an answer (applicable to the U.S. at least) soon enough: https://www.coindesk.com/tech/2021/10/22/after-stealing-16m-...
Re:Crypto wallet security as seen by security engineers
by echelon on Wednesday December 15, 2021 @10:06PM
(#29574345)
Time to write code that indebts the user to you forever, then get FAMAGMA to use it.
Code is law.
Re:Crypto wallet security as seen by security engineers
by jbkiv on Wednesday December 15, 2021 @09:53PM
(#29574270)
Code law? You must be kidding. It is OK to chat about "Code Law" among like minded individuals always on the lookout to crack open the pirate's chest.
It is a different story to explain to a judge: "sir, the bank had left the vault open during the fire alarm. I just helped myself with few $M. It is the bank's fault".
Good luck.
Re:Crypto wallet security as seen by security engineers
by lottin on Thursday December 16, 2021 @01:40AM
(#29575666)
If the smart contract is not the contract, then where is the actual contract? I imagine the judge would like to know that. If there's no contract, they'll have a hard time convincing anyone that there was a breach of contract.