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A comment on $34M permanently locked into AkuDreams contract forever due to bad code. Parent comment

Re:$34M permanently locked into AkuDreams contract forever d... by denton-scratch on Saturday April 23, 2022 @01:18PM (#31136176)
How do you use ETH on a contract to purchase goods? How does the contract know when it has been completed?

I can imagine using ETH for escrow; but there has to be a human in the loop for escrow, to direct escrow funds to be released. I guess one could contrive a situation where a "contract" could autonomously determine when it had been completed. But that's not the general case.

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Re:$34M permanently locked into AkuDreams contract forever d... by Consultant32452 on Saturday April 23, 2022 @02:20PM (#31136853)
You put $10k in escrow to buy a house. Either both parties agree (human intervention) that the requirements have been met and the escrow is released to the seller, or the funds are returned to the buyer after some deadline.
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Re:$34M permanently locked into AkuDreams contract forever d... by aaaaaaaaata on Saturday April 23, 2022 @03:49PM (#31137799)
Always good to have a consultant around to explain the tough words ;)
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Re:$34M permanently locked into AkuDreams contract forever d... by aaaaaaaaata on Saturday April 23, 2022 @01:34PM (#31136332)
> How does the contract know when it has been completed?

Escrow, or an oracle (checking, say, FedEx delivery.)

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