Re: More "smart contract" type features coming to Bitcoin

Quote from: Franko30 on October 30, 2017, 08:13:01 PM

Quote from: cellard on October 30, 2017, 07:20:44 PM

https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-October/015217.html

I wonder: Do "smart contract" altcoins have any future? Between this and sidechains like Rootstock, it's going to be thought for alts when it comes to justifying their existence. Why are people going to want to deal with more tokens when BTC does everything'

Please read this - https://www.equities.com/news/wall-street-is-about-to-witness-disruption-on-a-phenomenal-level-with-blockchain
or this - https://www.financemagnates.com/thought-leadership/trust-not-trust-blockchain-can-mitigate-business-trust-barrier/

I really believe that blockchain can't give us that trust between parties that we need, and smart contracts can solve this problem

We'll see. Im not sold on the whole idea of smart ontracts just yet. We all saw what happened with the DAO, so if you want to make a smart contract viable, you still need to solve some fundamental problems that I still haven't seen solved, because the smart contracts themselves can have flaws and it can turn into a nice clusterfuck for hackers to exploit.

What I see as very valid is simplier smart contracts. Locktime verify is a smart contract for example.