Asset exchange orders and exchange order conditions are, in fact, "smart contracts", just gotta figure out details /cc @oleganza @nickszabo4
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@NickSzabo4@oleganza in the use case I am thinking about, it's more about independently developed programs being able to agree (no ambig-y)
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@NickSzabo4@oleganza in complex trading systems, dictionaries tend to grow quite large (see FIX), to cover a variety of potential scenariosThanks. Twitter will use this to make your timeline better. UndoUndo
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@NickSzabo4@oleganza while they work reasonably well for centralized exchanges since there’s a central “execution” party...Thanks. Twitter will use this to make your timeline better. UndoUndo
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@NickSzabo4@oleganza , they are not that well suited for decentralized parties because the rules associated with complex dictionaries...Thanks. Twitter will use this to make your timeline better. UndoUndo
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@NickSzabo4@oleganza are complex as well, and prone to misinterpretation. by pushing the interpretation rules down to a low level VM...Thanks. Twitter will use this to make your timeline better. UndoUndo
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@NickSzabo4@oleganza ... as in bitcoin, we can shoot for a much more reliable interpretation consensus between different implementationsThanks. Twitter will use this to make your timeline better. UndoUndo
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