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Designing smart contracts could follow many routes. Here are some thoughts from traditional lawyers as to how we often design contracts which could be used by smart contract designers.
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Iterating over the Traditional:
Legal Approaches to Smart Contract Development
By: Casey Kuhlman
@compleatang
Introduction
Rule Number 1:
Use Your Funnels
Rule 1 Takeaway:
Stacks in Software
are the same as
Funnels in Contracting
Rule Number 2:
Keep Contracts Social
Rule 2 Takeaway:
Trust. Probably Not Going Anywhere.
Rule Number 3:
Define the Decision Space
Rule 3 Takeaway:
Ethereum Opens Up Dynamic Decision Spaces.
Conclusion