#bitcoin-wizards on 2017-07-16 — irc logs at freenode.irclog.whitequark.org

2015-10-30 00:53 sipa changed the topic of #bitcoin-wizards to: This channel is for discussing theoretical ideas with regard to cryptocurrencies, not about short-term Bitcoin development | http://bitcoin.ninja/ | This channel is logged. | For logs and more information, visit http://bitcoin.ninja

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13:18 <bsm117532> Functional (in the programming language sense) smart contracts:

13:18 <bsm117532> https://github.com/ConsenSys/Fae/blob/master/docs/Specification.md

13:20 <bsm117532> Personally I think there's room for only maybe 20-100 smart contracts total, covering financial protocols like escrow, auctions, etc, and those contracts should have relevant elements of zero-knowledge crypto and be rigorously audited and hopefully formally proven for correctness.

13:20 <bsm117532> Putting an arbitrary programming language in the middle (even if fancy and functional) is an invitation for bugs and exploits.

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