Technological Reductionism
The true cost of decentralization?
Smart Contracts vs. Human-centric Law
Smart contracts are an emerging technology that has been theorized to become viable at some point in the future. We have already entered into this future.
There are two fundamentally different perspectives from which the concept of smart contracts can be approached. From the technological perspective smart contracts are an awfully simple concept[1]:
where
From a sociolegal perspective, however, smart contracts present a completely unprecedented challenge of potentially epic scale.
Can the law be formalized?
(1) The role of law
(2) Different models of emergence of law
(3) Technological reductionism
Parallel to physical reductionism
Jaron Lanier
(4) The role of trust on different levels of emergence
[1] My apologies to all developers out there building the technology I so readily dismissed as simple. It is of course everything but.
Exported from Medium on January 3, 2025.