6/6 “Thus, the Law outlaws millions of smart contracts, that cannot be redesigned.” @MarinaMarkezic, head of the @EuCInitiative, described the law as: “It’s saying you will need to use a fruit that is called ‘strawberry’ and it needs to be blue”.
Watching for further events 🔜
1/6 Breaking down the news on smart contracts regulation under #DataAct in EU 👇
Yesterday, near me in Strasbourg, the European Parliament distinguished itself and voted for the new requirements for #smartcontracts, the so-called “kill switches”, that allow a reset of activity.
5/6 Essence of smart contracts is the self-execution, once created, they are effectively unchangeable. This makes them “trustless” in industry parlance.
@ProfSchrepel saw this as an internal contradiction, while the essence of a smart contract on a blockchain is its immutability
“It’s saying you will need to use a fruit that is called ‘strawberry’ and it needs to be blue. And basically you need to come up with a strawberry that is blue because all the ones we have are red.”
Web3 had a lot of changes in 2022.
We understand that there's some skepticism about the future.
Fortunately, Ukrainians know how to endure more than some market fluctuations :)
@vartdigital remains inspired - so connect w/ us, & let's collaborate on your next Web3 project.
Trump managed to avoid the audit of his taxes which is mandatory for all Presidents. This looks like more corruption by his appointees at the Treasury Department and the IRS.
Please have a look, enjoy and bid on this wonderful and get very fun artwork by @jaendotart for a very good cause. 50% of the proceeds will be donated through @vartdigital to support art institutions in Ukraine.
Thank you Jaen for being part of this 💜
@AGliebova
good morning w a sold out MORNING FEED. ty @DoddFranko for picking up the final edition 🙏
check it out @eleonorabrizi@AGliebova@vartdigital! 50% of proceeds from this poem will support Ukrainian cultural institutions damaged by the war🖤