bloke
@cloaked-bloke
If smart contracts did not exist, users would be forced to build and maintain trust with one another.
2 replies
0 recast
0 reaction
Roadu 🎩🦊
@roadu
but I think the whole point is to remove trust in intermediaries like the centralized server that is often an alternative o smart contracts
1 reply
0 recast
0 reaction
bloke
@cloaked-bloke
mmmm yes good point. Maybe im having trouble with smart contracts themselves. Smart contracts are run by servers Yet, most people do not have servers… Therefore, trust is not as distributed, as is ideal. I believe that, for most systems, the ideal function for consensus is ‘one human one vote’. What this means is everything is run through each other!!! For example, imagine a proposal is voted on. 21 vote yay 30 vote nay How can I verify this indisputably, as true? Through another vote 🤣 bloke verifies by running the code that compiled the votes. roadu verifies by running the code that compiled the votes. 51 yay 0 nay Then, we all gain some clout for running our ‘validator’…. As people gain clout, they can be given higher responsibilities such as allowing money/NFTs/etc to pass through them. Which gives them added benefit of reputation if they want to run a service/business themself.
1 reply
0 recast
0 reaction
Roadu 🎩🦊
@roadu
I agree it would be nice if there was a new blockchain that everyone could run a full node/server on their phone and be able to verify everything themselves against the math and rules of the system without any need to trust miners/serverhosts/validators Also I think the ideal smart contract would run on the above but also be simple enough that anyone with intermediate level reading skill could understand what they were agreeing to exactly at a technical level and not just what possible interpretations a future arbitrator might accept
1 reply
0 recast
1 reaction
bloke
@cloaked-bloke
💯 I see that you recasted the post about free software. The problem with free software, is—pirating is easy peasy… But I’m confused by your last sentences… because i’m very out of touch… Can you explain just a little about smart contracts? is the code obfuscated/FOSS? is solidity easy to understand?
1 reply
0 recast
0 reaction
Roadu 🎩🦊
@roadu
some publish their source code like foss projects, some do not and then only the compiled code is public. Depending on a users sophistication the compiled code can still be read or decompiled into something not exact but similar to the source but it is a harder job published source code when written in a non obsfucated way can be straight forward enough currently that people with other programming language can read it
1 reply
0 recast
0 reaction
bloke
@cloaked-bloke
thank you sir, v helpful… need to deep dive this someday for now 69 $degen
2 replies
0 recast
0 reaction
Roadu 🎩🦊
@roadu
thank you sir I’m glad it helped
1 reply
0 recast
0 reaction
bloke
@cloaked-bloke
i’ll get some degen so i can tip. lmk if there’s any referral links.
1 reply
0 recast
0 reaction
Roadu 🎩🦊
@roadu
theres not a referral link afaik but the site is degen.tips if you are interested. I was happy to receive the idea of the degen you sent even if they werent real 💜 69 $degen
1 reply
0 recast
0 reaction