78 / European kill switch
Smart contracts must have a shutdown switch

Episode 78 reviews the Data Act and the European kill switch that will be required for smart contracts. It discusses whether the calculator app is a smart contract itself, based on the regulation interpretation. The potential illegality of Bitcoin and Ethereum mining unless they have backdoors is also explored.

Timeline

01:11 Slack broke GDPR
03:05 Article 30
05:06 Backdoor to the backdoor
08:42 Calculator is a smart contract
11:29 Is Bitcoin illegal?
13:58 Is Data Act even necessary?

Participants

fulldecent
@fulldecent

William Entriken

dtedesco1
@dtedesco1

Daniel Tedesco

vjdeliria
@VjDeliria

Vj Deliria

037
@037

AKM

legend
@Legend

???

dov_______
@dov_______

Benjamin Scheinberg

yodude38
@yodude38

???


Episode notes

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  1. Episode 78 reviews the Data Act and the European kill switch that will be required for smart contracts.

    https://youtu.be/stPEVi5qivw

  2. It looks like even the calculator app is a smart contract depending on how you read the regulation.

    Bitcoin and Ethereum mining also appear to be illegal unless they have backdoors.

    https://youtube.com/shorts/RUeSVrgF1TI