“But I’m pretty sure smart people in the community are looking at all of these things. So perhaps the real test is: what are the compelling business scenarios that will drive adoption/experimentation in this space?”
Everybody I ask has a different definition of a “smart contract”; Here’s mine.
I hear more and more people talking about “smart contracts” these days. But when you push them to define the term, the concept often dissolves in their hands.
This isn’t a new observation: Peter Todd made a similar point after sitting through a session at a workshop we both attended last year.
Indeed, I was almost certainly one of the many who failed to impress him that day 🙂
Now, of course, one answer is to simply point at the intellectual visionaries who foresaw this space decades ago. Nick Szabo’s Smart Contract piece from 1997 is a really succinct and helpful overview. And I really like Ian Grigg’s…
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