Re: Ethereum: Deconstructing theDAO Heist

On Jun 22, 2016 2:30 AM, "Tony Arcieri" <bascule@gmail.com> wrote:

If you have a simple "smart contract" language that allows you to build
escrows,

you can layer higher level smart contracts on top of the escrows in a way
that's out-of-band from the underlying protocol.
-- 
Tony Arcier

I like this idea as and would love to see it explored further Tony.

Daniel
On Jun 22, 2016 2:30 AM, "Tony Arcieri" <bascule@gmail.com> wrote:

> I published a blog post today that talked about Ethereum's Solidity as
> well as Interledger Crypto-conditions:
>
> https://tonyarcieri.com/a-tale-of-two-cryptocurrencies
>
> Unspoken in this post is the idea that instead of using protocol-level
> smart contracts like Solidity that "live on the blockchain", if you have a
> simple "smart contract" language that allows you to build escrows, you can
> layer higher level smart contracts on top of the escrows in a way that's
> out-of-band from the underlying protocol. Perhaps others are thinking along
> these lines?
>
> --
> Tony Arcieri
>