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NickSzabo4's profile
Nick Szabo 🔑
Nick Szabo 🔑
Nick Szabo  🔑
@NickSzabo4

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Nick Szabo  🔑

@NickSzabo4

Blockchain, cryptocurrency, and smart contracts pioneer. (RT/Fav/Follow does not imply endorsement). Blog: http://unenumerated.blogspot.com 

Joined June 2014

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    1. Nick Szabo  🔑‏ @NickSzabo4 21 Dec 2016
      • Report Tweet

      "If you need to ask whether your smart contract is legally enforceable, you’re doing it wrong."http://elaineou.com/2016/12/05/can-smart-contracts-be-legally-binding/ …

      0 replies 43 retweets 76 likes
    2. Nick Szabo  🔑‏ @NickSzabo4 22 Dec 2016
      • Report Tweet
      Replying to @NelsonMRosario @jhscheufen and

      if (condition) { code } else (i.e. if unanticipated) { code }

      1 reply 0 retweets 2 likes
    3. Nick Szabo  🔑‏ @NickSzabo4 22 Dec 2016
      • Report Tweet
      Replying to @NickSzabo4 @NelsonMRosario and

      switch { condition X: code; condition Y: code; default (unanticipated): code }

      1 reply 0 retweets 2 likes
    4. J. H. "Blackadder" Scheufen‏ @jhscheufen 22 Dec 2016
      • Report Tweet
      Replying to @NickSzabo4 @NelsonMRosario and

      Yes. BUT cases for that `code` 2 be 100% automatable and "on chain" are few (now)

      1 reply 0 retweets 1 like
    5. J. H. "Blackadder" Scheufen‏ @jhscheufen 22 Dec 2016
      • Report Tweet
      Replying to @jhscheufen @NickSzabo4 and

      Ergo most practical 4 higher complexity: else {passExecutionRightsTo($arbitrator)}

      1 reply 0 retweets 2 likes
      Nick Szabo  🔑‏ @NickSzabo4 22 Dec 2016
      • Report Tweet
      Replying to @jhscheufen @NelsonMRosario and

      Nick Szabo  🔑 Retweeted Nick Szabo  🔑

      That's called controlling the burden of lawsuit :-)https://twitter.com/NickSzabo4/status/811733645857681408 …

      Nick Szabo  🔑 added,

      Nick Szabo  🔑 @NickSzabo4
      "Code is law", not "code is all the law." eBay, Uber, blockchains, etc. create new rules that control burden of traditional lawsuit.
      8:07 AM - 22 Dec 2016
      • 2 Likes
      • That Guy Who is a Bitcoin Maximalist Nelson M. Rosario
      1 reply 0 retweets 2 likes
        1. Dan Plante‏ @Daniel_Plante 23 Dec 2016
          • Report Tweet
          Replying to @NickSzabo4 @jhscheufen and

          Nick, if courts get involved then the "smart contract" was never fit for purpose.

          0 replies 0 retweets 0 likes
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