🔵 Decentralizing EOS Smart Contracts #2 – We need a tool to easily see if a contract is immutable

(Podcast-style talk. Mostly audio with a few visuals.) What’s the optimal solution to mutable smart contracts on EOS? I propose we make a tool to verify the status of a smart contract’s immutability or mutability.

To make a contract 100% immutable (this could be publicly touted), one could nullify the keys by doing an “update authorization” to an invalid public key—a fake “burn address” so-to-speak. It would be a keypair that is knowingly unusable.

• CryptoLions (Block Producer) article “Digital Assets — we need to think about “Ownership Authority”” https://medium.com/@cryptolions/digital-assets-we-need-to-think-about-ownership-authority-a2b0465c17f6

• EOS New York presents a solution to help promote further decentralization of EOS smart contract permissions: https://medium.com/eos-new-york/addressing-eos-token-smart-contracts-and-a-proposal-for-core-development-funding-on-eos-f43b91c57fe2 https://bloks.io/vote/referendums/tokenauction

• How to set a smart contract's key to "null" on EOS. https://eosio.stackexchange.com/questions/3600/setting-a-key-to-null

• Geographic map visualization of EOS block producers: https://www.eos-radar.com/

• Ethereum DAO smart contract bug exploited: https://medium.com/@ogucluturk/the-dao-hack-explained-unfortunate-take-off-of-smart-contracts-2bd8c8db3562

Disclaimer: The views expressed in this video are strictly my own and are not to be construed as financial advice. Do not buy, sell or otherwise trade cryptocurrency based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tool only.

#eos #eosio #dapps #cryptocurrency #tokens #coins #bitcoin #blockchain

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