After reading @VladZamfir’s article fully I’m more convinced that we need @NickSzabo4 principles to avoid having populist Blockchain takeovers by absurdist trolls since you never know what they will come up with next.
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On my part it's only an idea, not a worked-out architecture. I do imagine a "choice of forum" , the addresses of the adjudicators, n-out-of-m of their keys can reverse the smart contract, distinct from "choice of law", instructions for adjudicators on what rules they should use.
Also, some parts of the smart contract could be specified as reversible and some not.
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Do you think it will be possible to provide a truly decentralized oracle network for that middle-layer?
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Thinking about it as a generic vague "oracle" is the wrong way to go. Rather I think the legal metaphors "choice of forum" and "choice of law" are likely to prove very useful in this context.
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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