Understanding cryptography and smart contracts, what if the increasingly complicated smart contracts you describe have bugs?
> For example you could make a master key that overrides all others but requires an unlock Tx followed by an arbitrary escrow delay where funds are locked.
At what point is switching to a more classical database both worth the increase in efficiency by several orders of magnitude, and the decreased reliance on bug-free code?
> For example you could make a master key that overrides all others but requires an unlock Tx followed by an arbitrary escrow delay where funds are locked.
At what point is switching to a more classical database both worth the increase in efficiency by several orders of magnitude, and the decreased reliance on bug-free code?