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A comment on DeFi risks and the decentralisation illusion.

Re:DeFi risks and the decentralisation illusion by dqpb on Tuesday December 21, 2021 @01:51PM (#29640623)
> it is impossible to write code spelling out what actions to take in all contingencies

It sounds like two economists are struggling with the concept of software and systems engineering.

[ Parent | on HN ]
Re:DeFi risks and the decentralisation illusion by pavlov on Tuesday December 21, 2021 @02:16PM (#29640926)
It sounds like economists are much more realistic about the feasibility of bug-free immutable software.
[ Parent | on HN ]
Re:DeFi risks and the decentralisation illusion by dqpb on Tuesday December 21, 2021 @02:22PM (#29641006)
If their argument was about the insanity of no-one doing model checking, I'd be on board. But that's not their argument.
[ Parent | on HN ]
Re:DeFi risks and the decentralisation illusion by cblconfederate on Tuesday December 21, 2021 @02:31PM (#29641110)
it's not fair to say that all economic transactions are going to have unaccounted contingencies. There are plenty of transactions which are just dead-simple, and when automated they don't need a middleman
[ Parent | on HN ]