"Smart contract" is a very useful concept & phrase. "Smart" as in "smart phone" (shorthand for computerized phone), "contract" meaning it does some important things we previously relied on contracts to do for our deals, especially controlling assets & incentivizing performance.https://twitter.com/timoncc/status/1051420695488552960 …
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Is ‘Burden of lawsuit’ a technical term?
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It's a common sense idea: if one person has control over something, then another person who wants to obtain control via traditional law has the burden of filing a lawsuit or of otherwise convincing legal authorities that said control should be changed.
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