"Smart contracts. It was dubbed Blockchain 2.0. (Blockchain 1.0 was cash) It held all the promise of a new world, a new digital frontier. It was to herald in an age with broker-less deals, robot escrows, AI oracles, and driverless automobiles being their own corporations as self-reliant actors in the new digital economy. An economy which did not discriminate between true born humans and machine code born automata.
That was the dream. That was the promise. That was what everyone spoke about for the last 4 years. Except that that never happened. Oh, there were many attempts. Some achieved some modicum of success, some less so, even others ended in full blown multi-million dollar fraud or theft. (Yes, Iām talking about most of the projects in Ethereum space, especially, but not exclusive to, the DAO.)"
