TLDR: Smart contracts are neither contracts nor smart. They’re computer programs that perform contracts. Humans talk in human language and computer programs talk in computer language. The two are very different — human language is contextual and meanings are often implicit. Computer programming languages are very explicit and have to…

Everyday conversations are constrained to four people. Whether at work, a dinner table or a cocktail party, we tend to gravitate towards groups of 2–4 people. Even Shakespeare’s plays never have more than 4 speakers engaged in conversation at once, if we count choruses as one speaker. The steadiness of…