Smart contract in etherium blockchain is one of the main features of Arizn. That would be great! Automation of transactions, safety, and precision are main advantages of this contract. Howeve, smart contract has these disadvatages: transaction time and cost. Hoping that disadvantages will be resolve in few months.
I agree with you, smart contract have advantages and shortcomings. But, this shortcomings with how our technology accelerates, will soon be resolve. I think great developers are working on it now. Knowing that smart contracts will be the future of contract transaction.
I agree with you ahiarobert. With the coming of lots of transactions using smart contracts cause traffic in the process and this is the cause of the delay or lengthy processing time. The etherium block team is aware of this and they are currently on the process of solving this problem.