I think the idea is that it would not replace all contracts, just certain contracts that happen to have narrowly definable and executable terms.<p>E.g. An assurance contract a la kickstarter (for the most trivial case), options contracts, or multi-party escrow.<p>And that perhaps the scope of its capabilities would expand incrementally over time as people got better at thinking about contracts in this way.<p>An analogy might be to Squarespace&#x2F;Wordpress for web developers. Sure, you can&#x27;t make every website on there. But for a lot of simple cases you can, and those cases are expanding.