“Smart contracts combine protocols with user interfaces, and promises expressed via those interfaces, to formalize and secure relationships over public networks.
This gives us new ways to formalize the digital relationships which are far more functional than their paper-based ancestors.
Without user interfaces the smart contracts are largely invisible, like the electronics in newer car engines.”
— Nick Szabo
https://nakamotoinstitute.org/formalizing-securing-relationships/
robsokolo / Robert Sokolowski
npub1a3…q64da
2023-04-06 07:28:37
Author Public Key
npub1a3g6rtrj30cmk5x9hs3qld4qnczvtmpfexy5js3jh6kyp23g5xxs5q64daPublished at
2023-04-06 07:28:37Event JSON
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"kind": 1,
"tags": [],
"content": "“Smart contracts combine protocols with user interfaces, and promises expressed via those interfaces, to formalize and secure relationships over public networks.\n\nThis gives us new ways to formalize the digital relationships which are far more functional than their paper-based ancestors.\n\nWithout user interfaces the smart contracts are largely invisible, like the electronics in newer car engines.”\n\n— Nick Szabo \n\nhttps://nakamotoinstitute.org/formalizing-securing-relationships/",
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}