Do you have examples of an escrow in this scenario? Smart contracts are opensource and can be deployed by anyone, like for example one of the two individuals aforementioned. This is the advantage I see in this case.
I am not trying to start an argument, only looking forward finding a proper solution.
Regarding your second point, this becomes tricky when both parties are from different countries, for starters. Smart contract would be fast, and impartial in this case.
But for your first point, this is a very legitimate concern. The entry point of those ecosystems is complex, tech-savy, and poorly regulated. I understand why it is never the first option.
Yeah and the problem is, the real world kinda doesn’t care. Code gives zero fucks. If I have to be 250% sure the code is correct because no court can fix it if we screw up that’s just not worth it to me
Fair point, the advantages are not worth the struggle of triple checking everything and ensuring there is no bug.
I’d rather trust in unbiased humans
This is my personal opinion, but I disagree on this one. I’d rather choose a well written, unbiased piece of code, over a human that cannot be unbiased.
I see.
So I think the take out of your comment, is that this is possible in very, VERY specific conditions, that would work in tiny scenarios where the outcome is simple (the data on the cloud must not contain a set of word, as one condition). But as soon as we hit something slightly more complex, it becomes prone to loopholes.
This is very instructive, thank you.
I don’t know much about MMO, but given your example of in-game situations, there are cases of moderators/admin treating you unfairly because of a misunderstanding, or because they “don’t like you”. Or other cases where you are locked out of a MMO because you were flagged as an abuser, and you need to jump hoops, to prove yourself, and get your account unfrozen.
So I would argue that in this case, nothing is bulletproof of “bugs” or “abuse”, and it is not a black or white situation.
However, it is true that we need a balance between automatic system parsing bazingas of datas everyday, and humans having authority on the outcome, when needed. Harder to know where to draw the line.
I don’t really understand your point. The scope of this conversation is not about cloud shopping, but trying to find the middle ground in trust-less environments. This is why I specified that this is an oversimplification, and not a real world example.
Take IPFS for example www.scaleway.com/…/ipfs-the-real-web3-explained/
The data on the network can not be modified and tampered with, and nothing is encrypted. This answers the problem of “questionable content”. You are not responsible of its uptime, and you are not even required to host the data yourself.
I 100% agree with you. Thank you for sharing a piece of thought that is so often overlooked.
This is a very tricky world we are in.
One grievance I have against traditional finances especially, is its inflexibility. Say that you want to fairly share a donation, or even a tip between two individuals.
With current system, they need to either build their company, or at least be contractors in the same country. One receives the funds, and splits it with the other, by the means of expenses and invoices.
If they fail to do so, it ends up in court.
The whole thing takes time and money. And we need to be sure that they are in the same country, bonded by the same laws.
With cryptocurrencies, someone makes a donation in ETH, and in a matter of minutes, both individuals receive their share with 100% certainty the share has not been modified. Agent A could be in Venezuela for what I care, while agent B is Australian. At the end of the day, it doesn’t matter.
I concur this is a very specific problem, but one of those reasons why smart contracts shouldn’t be discarded as a whole.
It is easy to set a time frame within which the funds are not distributed, and the donator can reclaim them back. I think that in this specific case, it boils down to whether the developer of the smart contract knows what they are doing, and acting in good faith. Fortunately, the opensource nature of smart contract allows anyone to double check the quality of a contract.
On the other hand, you have a strong point. Not everyone has the time, motivation, and knowledge to check whether a contract has the correct functionalities. The platforms and tools acting as intermediates are rare, not mature enough, and often straight scammy for now.
How would you feel about signing a smart contract? (details in description)
As a foreword, yes I am very aware of resources like web3isgoinggreat.com You don’t need to spam the comments with the link....
GOOD games with female protagonists?
yes, i know, Hellblade: Senua's Sacrifice and horizon zero dawn exist, and id rather i dont know them, so what else you got?
FAQ / UKK
Decided to make a FAQ because many new users here ask the same questions....