Computational Enforceability is the property of an agreement or rule set that allows its terms to be automatically executed and verified by a computer system without requiring human intervention. This concept is fundamental to smart contracts on blockchains, where predefined conditions trigger specific actions. Computational enforceability provides a high degree of certainty and removes the need for trusted intermediaries in transaction execution. It ensures that obligations are met precisely as specified by the underlying code.
Context
Discussions around computational enforceability frequently address the limitations and risks associated with absolute automated execution, such as bugs in code or external data dependencies. The debate concerns balancing deterministic execution with mechanisms for dispute resolution or upgrades. Future work focuses on formal verification methods for smart contracts and the creation of hybrid legal frameworks that combine on-chain automation with off-chain legal recourse, thereby enhancing reliability and trust.
A hybrid protocol integrates zero-knowledge proofs and secure computation to enable confidential, computationally verifiable, and legally enforceable smart contracts.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
