Human-based adjudication systems are not useless pre-Internet human baggage, they’re vital.

~ Bruce Schneier from, https://www.schneier.com/blog/archives/2021/12/smart-contract-bug-results-in-31-million-loss.html

There are lots of things to say about the stuff built, conceptually, on top of block-chain technology. (Type “NFT” into your favorite search engine, for example; there’s a lot’s been said.)

But Schneier’s point about adjudication is something I’d never thought of. I’ve always known that “the software is the source of truth” is a literal disaster. Spend 30 years writing and working within software and you’ll agree. Software only works because there are intelligent people doing the really hard work.

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