The Ricardian Template Toolkit provides a standard framework to display human readable versions of smart contracts in applications so users of EOSIO based applications have a consistent user experience. Smart contracts can be seen as ‘smart’ digital agreements. When users interact with them, they authenticate and give ‘permission’ to ‘sign’ an agreement. In EOSIO development, Ricardian Contracts clearly present the agreements to which users are consenting. They are paired with smart contracts to represent a human-readable version of the intent of the smart contract stored on the blockchain.
This paradigm results in a more robust and secure network because users will know and can verify what they are agreeing to when signing a blockchain transaction.
Cultivating User Understanding with Richly Rendered Ricardian Contracts A critical component of user security is preventing phishing attacks or bait and switch attacks which trick users into agreeing to something that isn’t actually going to happen as a result of their agreement. In blockchain, this can occur when a website or application indicates to a …
Improving the EOSIO™ software suite is an ongoing endeavor and requires a holistic approach given the diverse roles of system-wide participants. The EOSIO Strategic Vision outlines four major points of focus: Scalability, Developers, Users, and Enterprise. This entry in the Strategic Vision series addresses blockchain users and improvements we are making to the EOSIO software …