Wet code, dry code, damp code
Traditional law, says Nick Szabo, is "wet code" that 'runs' on the brains of human lawyers that interpret text. Smart contracts are "dry code" that runs on computers. We'd propose an additional idea: "damp code". »
Traditional law, says Nick Szabo, is "wet code" that 'runs' on the brains of human lawyers that interpret text. Smart contracts are "dry code" that runs on computers. We'd propose an additional idea: "damp code". »