Ethereum Wallet and Mist Beta with Hard Fork choice

HappyFunGuy wrote: post #3

It's a good thing that smart contracts have allowed us freedom from human error and bias.... I guess we can just call them "contracts." now.

Human error and bias are pretty much impossible to eliminate in any system that involves humans making choices.

Re: Ethereum Wallet and Mist Beta with Hard Fork choice

#5

Post by aakilfernandes » Sun, Jul 17, 2016, 2:44 PM UTC

HappyFunGuy wrote: post #3

It's a good thing that smart contracts have allowed us freedom from human error and bias.... I guess we can just call them "contracts." now.

Intersting idea. Perhaps we should have a system of governance of the "contracts" whereby we elect "representatives" who appoint "judges".

Re: Ethereum Wallet and Mist Beta with Hard Fork choice

#6

Post by HappyFunGuy » Sun, Jul 17, 2016, 2:51 PM UTC

aakilfernandes wrote: post #5

HappyFunGuy wrote: post #3

It's a good thing that smart contracts have allowed us freedom from human error and bias.... I guess we can just call them "contracts." now.

Intersting idea. Perhaps we should have a system of governance of the "contracts" whereby we elect "representatives" who appoint "judges".

Dude, we could even name it something cute, like when you're trying to get a girl to marry you... Courting, yes, we could call it a Court!

Re: Ethereum Wallet and Mist Beta with Hard Fork choice

#7

Post by CydeWeys » Sun, Jul 17, 2016, 2:51 PM UTC

This looks really bad from the perspective of trusting the currency to actually retain its value. What if you end up on the wrong fork, and that thousands of dollars in Ethereum you accepted to send out physical goods ends up being worthless?

What's the point in saving the DAO if it kills the whole purpose behind the currency?

Re: Ethereum Wallet and Mist Beta with Hard Fork choice

#8

Post by goodplay » Sun, Jul 17, 2016, 2:52 PM UTC

aakilfernandes wrote: post #5

HappyFunGuy wrote: post #3

It's a good thing that smart contracts have allowed us freedom from human error and bias.... I guess we can just call them "contracts." now.

Intersting idea. Perhaps we should have a system of governance of the "contracts" whereby we elect "representatives" who appoint "judges".

Poe's law in full effect.

If you're serious: Why not make use of existing infrastructure (current courts, laws, etc) rather than reimplementing all that again on top of ethereum? Also, what prevents this new layer from becoming as corrupt and bureaucratic as the one we currently have in place?

Re: Ethereum Wallet and Mist Beta with Hard Fork choice

#9

Post by Bromskloss » Sun, Jul 17, 2016, 2:57 PM UTC

CydeWeys wrote: post #7

This looks really bad from the perspective of trusting the currency to actually retain its value. What if you end up on the wrong fork, and that thousands of dollars in Ethereum you accepted to send out physical goods ends up being worthless? What's the point in saving the DAO if it kills the whole purpose behind the currency?

Won't you own Ether, and everything else, on both branches in the event of a fork?

Re: Ethereum Wallet and Mist Beta with Hard Fork choice

#10

Post by aakilfernandes » Sun, Jul 17, 2016, 3:01 PM UTC

goodplay wrote: post #8

aakilfernandes wrote: post #5

Earlier quoted context omitted.

Intersting idea. Perhaps we should have a system of governance of the "contracts" whereby we elect "representatives" who appoint "judges".

Poe's law in full effect. If you're serious: Why not make use of existing infrastructure (current courts, laws, etc) rather than reimplementing all that again on top of ethereum? Also, what prevents this new layer from becoming as corrupt and bureaucratic as the one we currently have in place?

I was being facetious :)