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Bank teller: <explaining why all your money gone> Well, it looks as if the computer only deducted $0.05, so no big deal. Customer: Yes, isn't that lovely. Only $0.05...But it deducted it 4 trillion times!!!
Report: Blockchain-related hacks have declined in 2020[^]
Yes, Blockchain hacks have declined, meaning they exist.
I remember reading about hacked Bitcoin wallets so not even Blockchain is 100%, despite what they say.
The decline may be attributed to the fact Blockchain isn't as hot and happening as in 2019.
In fact, this post of yours may be the first I see of it in 2020
It is scary to an extent. In fairness, human contracts and laws can be ambiguous and have loop holes too. Many people sign contracts without actually reading them. Some of them get burned badly because of that. I think smart contracts have their place, but the technology is just a little too new yet.
So smart contracts are going to enforce rules for transactions which become "law" (the system will not break the "law" (code), no matter how fouled up the "law" may be").
Do these Blockchain enthusiasts not understand how buggy software is?
Did you ever see history portrayed as an old man with a wise brow and pulseless heart, weighing all things in the balance of reason?
Is not rather the genius of history like an eternal, imploring maiden, full of fire, with a burning heart and flaming soul, humanly warm and humanly beautiful?
Training a telescope on one’s own belly button will only reveal lint. You like that? You go right on staring at it. I prefer looking at galaxies.
-- Sarah Hoyt
The whole thing is too abstract for me to trust with my assets. I like contracts I can, at least in theory, print and read. I hope blockchain keeps fading away. To me it is a dark figure in an alley on the bad side of town.