Are Hackers the Future Lawyers? Maybe They Are!

“The recent attack (in the absence of a better word) on Ethereum DAO where the ‘attacker’ managed to siphon off 3.6 million ether on to a child DAO has shown the world that the blockchain based smart contracts and DAOs are still vulnerable. This has also presented the need for extensive testing of all these blockchain based platforms and smart contracts for security flaws and vulnerabilities, which is the standard job profile of a white hat hacker.

Once smart contracts become the norm, every smart contract will have to be passed along to a hacker, just like the way contracts are passed on to the legal team in companies before execution, making hackers the new lawyers in the decentralized world.”




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