
Isn’t it rather funny that something called “crypto” is run on a completely transparent platform?
So transparent that all the tracks are apparent but many of the ‘access points’ remain cloaked?
“The thing is, once smart-contract code is live on a blockchain, you can’t update it. If you discover a bug, it’s too late: the whole point of blockchains is that you can’t alter stuff that’s been written to them. Worse, code that’s hosted on a blockchain is publicly visible—so black-hat hackers can study it at their leisure and look for mistakes to exploit.”