Coders and hackers are the new ...lawyers of Smart Contracts

in #smart8 years ago

After the latest DAO fiasco, an interesting implication arises:

Just as lawyers are needed to check loopholes in contracts, hackers/coders/security specialists are now needed to check the code "loopholes" and exploits in ...smart contracts. Is this viable without some sort of pre-baked in simplicity to act as a safeguard? I don't know, but I guess we'll find out... because if it can happen once, it can happen multiple times...

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There will be new specialities - smart contract lawers, crypto accountants & tax advisers :-)

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