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RE: New Video: What is a smart contract? (incl. Ethereum, EOS, Tezos and RSK!)

in #cryptocurrency7 years ago

Thanks for a nice, clear overview of this fascinating and potentialy vital field. From my admittedly inexpert point of view, [1] there's a lot to be said for avoiding the waste of energy and processing power of proof of work; [2] scalability has to be tackled, and where it is claimed, verified, if this technology is going to fulfil its promise to 'step in' as the precarious global systems [economic, ecological, cultural] further erode; [3] problems like that which gave rise to the DAO debacle have to be overcome; and [4] super-friendly user interfaces are urgently needed. [You said most of this :)] Somewhat tangentially, I'm hoping somebody does a non-partisan survey and appraisal of the various and diverse political speculations that this technology invokes.

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Awesome recap, thanks for your support!! :) I'm also super interested in the political implications.

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