DAOism

For those of us shareholders in the DAO, I’m sure this will be a fun ride.. Guess which way we’re voting on the hard fork of the DAO…

I do agree though that app security on the blockchain and off is not mature yet. Not perimeter security or authentication (we have that) but secure design. We had our own share of contracts written on the live net only to have puzzling errors and some locked ether. Writing programs that you cannot fix later is not a usual realm of commercial software. It is however how code is written at NASA. Testing scenarios become that more important if your code becomes unchangeable like smart contracts or spaceship navigation.

Despite all this, we want smart contracts to behave this way. Unchangeable, irrefutable and unstoppable. Even if we had to generously contribute to the price of collective learning…

Leave a Comment