ethereum is doomed

in #crypto-news9 years ago

This is an incredible article on ethereum. It explains how ethereums main problem is that the programing language solidity will not work out for smart contracts. This is because it is very difficult to ascertain if there are any bugs in the smart contract. After the DAO fiasco no one will want to risk their funds in a smart contract ever again. There are fundamental problems with ethereum which cannot be fixed, the ethereum devs do not understand economics or law and software engineering.

http://nakamotoinstitute.org/mempool/ethereum-is-doomed/

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Also make sure to check out @dana-edwards articles about Tau. They shed light on some fundamental problems...

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