The other night I watched the Crypto Startup School video series by a16z on YouTube [0]. It includes presentations from smart people saying that blockchain/ethereum is the computing platform of the future.

One issue with ETH/smart-contracts that is not addressed in the series is how to ship patches to a smart contract. Let’s say there’s a vulnerability in my contract that accidentally leaks ETH.

How do I ship a patch to fix the contract? Could my buggy contract be taken advantage of indefinitely? Maybe I could move all my ETH to a new wallet and leave the bad contract? How is this problem handled today?

[0] https://youtube.com/playlist?list=PLK9Lwn4_TfLS3I9huJjd-k_Fe...