I've been wondering about the consequences of breaking a smart contract. What kind of penalties or issues would I face if I violate the terms of a smart contract?
6
answers
GinsengGlory
Tue Mar 11 2025
This implies that the same legal remedies available for traditional contracts would apply to smart contracts.
GeishaCharming
Tue Mar 11 2025
The question arises regarding the consequences of violating a smart contract.
Valentina
Tue Mar 11 2025
When considering the ramifications of breaking such an agreement, it's crucial to understand their legal standing.
KimonoGlitter
Tue Mar 11 2025
Marcushamer emphasizes that smart contracts, despite their technological nature, are still considered contracts in a legal context.
CryptoPioneer
Mon Mar 10 2025
If a smart contract is breached, the affected party can seek legal recourse in a manner similar to how they would for any other contract violation.