/biz/ - Business & Finance

>>10678191
>Freezing is so easy there's zero incentive to write correct contracts on eos
You don't know much about software development do you? As a developer myself I'd feel a lot safer knowing that I wouldn't be risking potentially millions of dollars over a simple off by 1 error. Immutable contracts have their niche, but anyone who wants to develop more complex software like a DEX is going to opt for a platform where they can actually fix software bugs.

>>10678348
>You don't know much about software development do you? As a developer myself I'd feel a lot safer knowing that I wouldn't be risking potentially millions of dollars over a simple off by 1 error. Immutable contracts have their niche, but anyone who wants to develop more complex software like a DEX is going to opt for a platform where they can actually fix software bugs.
this desu. it also increases development speeds. instead of having to go through weeks of testing the contract to make sure there are no bugs. idk though. for things that have to be super trustless like an escrow between two billion dollar companies, i would opt for something like eth. but for things that need a degree of trustlessness but not too much, then eos.

>>10678348
>>10678399
and users can get fucked in the ass when EOS overlords decide to freeze accounts... fuck that shit

Just wait until someone hacks a few bps and begin redistributing funds kek

normies want banks, courts and all the other shit but in crypto.

Immutable complex smart contracts are impossible to code.

Freezing of individual accs has been canceled I think.

>>10678348
>a platform where they can actually fix software bugs
like amazon ec2 or heroku?
>>10678399
>it also increases development speeds
so eos is going to be full of ridiculously insecure contracs, swamping ecaf with requests. In most cases they are going to take too long, allowing thefts to run away. People will demand change, creating some sort of eos police which can block accounts on a whim, just like it has to work in the real world.
In the end there are going to be many mistakes with eos accounts frozen for no reason.

Basically an autistic and worse version of the current legal system. What's even the point? I would rather trust a normal court than some autists at ecaf. Direct hosting is going to be much cheaper and easier to develop too.

>>10678519
>Freezing of individual accs has been canceled I think.
Apparently not, that's a week-old order. They upgraded from jpg scans shared on telegram to pdfs on one site though, that's some progress.

>>10678533
>like amazon ec2 or heroku?
Yeah except with the benefits of the blockchain. It's a middle-ground for people who want transparency, security, censorship-resistance and a digitalized economy but who don't want to fuck with immutable software. It's going to be huge for gambling sites and DEXes.

>Basically an autistic and worse version of the current legal system. What's even the point? I would rather trust a normal court than some autists at ecaf. Direct hosting is going to be much cheaper and easier to develop too.
So don't buy it if you don't think it's a good idea. What's the issue?

>>10678519
This one is funny and scary:
https://eoscorearbitration.io/wp-content/uploads/2018/07/ECAF-Order-of-Emergency-Protection-2018-07-19-AO-004-Reissue.pdf
guy got scammed by a larper on whatsapp claiming to Dan Larimer's secretary and sent him eos to an account called 'craigspys211' lol. His freeze request was granted.

Why scary? Because whatsapp screenshot are the only evidence. They are trivial to forge.

>>10678598
>censorship-resistance

>>10678641
They're not doing that sort of arbitration anymore because they realized it was too subjective. They've moving to a "intent of code is law" model where they only deal with obvious code exploits.

>>10678664
Correct. In order to censor something you need 15 of the BP's to agree on it being censored. That means they can censor stuff like CP and sex slave markets, but not political propaganda or (((hate speech))).

>>10678679
>They're not doing that sort of arbitration anymore because they realized it was too subjective

that's still in the constitution
https://eoscorearbitration.io/home/governance/

Article II – No Perjury
Members shall be liable for losses caused by false or misleading attestations and shall forfeit any profit gained thereby.

>>10678726
the constitution hasn't been ratified. it's just a useless placeholder.

>>10678519
>Freezing of individual accs has been canceled I think.

Yeah they cut that shit out.

>>10678664
Also, steemit is plenty of censorship resistance. And if you don't have methods to censor some stuff then you get worse problems.