Smart contracts aren’t that smart. When someone purchases a digital asset stored on a blockchain, it may seem like moving it to a different blockchain is a safe and easy process. After all, in the world of traditional finance, moving money or assets from one database to another is a generally straightforward, even trivial process. However, this isn’t the case in web3. Smart contracts are not as smart as many would think.
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State Proofs: Making Smart Contracts Smarter
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Smart contracts aren’t that smart. When someone purchases a digital asset stored on a blockchain, it may seem like moving it to a different blockchain is a safe and easy process. After all, in the world of traditional finance, moving money or assets from one database to another is a generally straightforward, even trivial process. However, this isn’t the case in web3. Smart contracts are not as smart as many would think.