During the 2019 MIT Bitcoin Expo over the weekend, applied cryptography consultant Peter Todd was asked to share his thoughts on the new wave of more permissioned smart contracting platforms such as EOS.
"I think nearly all of them are terrible with atrocious technology that makes no sense," Todd responded bluntly.
Todd noted that the problem with these sorts of platforms is they're trying to build a system for smart contracts by throwing everything onto the blockchain, which isn't scalable.
"In production, Bitcoin is probably the most successful smart contract platform because it's very simple - because it relies on doing very simple things very clearly that actually work," said Todd.
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