📊 Today's key takeaway: Nick Szabo
Nick Szabo earned a bachelor's degree in computer science from the University of Washington, and later received a Juris Doctor (JD) degree from George Washington University.
“Smart contracts” aren’t “smart” in the human sense. If a contract has a vulnerability, automating its execution can magnify the losses.
Knowledge can help you avoid some pitfalls, but it can’t replace risk management.
Ethereum, where $ETH is based, brought the concept of smart contracts into widespread practice.