ACPR 的智慧合約認證：監管過多是壞事嗎？

法蘭西銀行的監管機構審慎控制和處置管理局（ACPR）希望對智能合約進行認證。

France's central bank is planning to make smart contract certification mandatory, a move that has sparked賛否両論.

法國央行正計劃強制執行智能合約認證，此舉引發了讚否両論。

The regulatory arm of the Banque de France, the Autorité de Contrôle Prudentiel et de Résolution (ACPR), wants to certify smart contracts. The First Deputy Governor of the Banque de France recently confirmed that work between it and the ACPR to make that process mandatory is in the works.

法蘭西銀行的監管機構 Autorité de Contrôle Prudentiel et de Résolution (ACPR) 希望對智能合約進行認證。法蘭西銀行第一副行長最近證實，該銀行與 ACPR 之間正在進行工作，以強制執行此流程。

Previously, the ACPR laid out several proposals for regulating decentralized finance (DeFi). These include the aforementioned certification of smart contracts, security standards for private ledgers and public blockchains, and regulating DeFi entry points such as websites.

先前，ACPR 提出了幾項監管去中心化金融（DeFi）的提案。其中包括前面提到的智慧合約認證、私人帳本和公共區塊鏈的安全標準，以及規範網站等 DeFi 入口點。

Certification will be a formal process over and above the smart contract audits that are already commonplace. The ACPR says it wants to encourage innovation while protecting consumers (one of its mandates).

認證將是一個超越已經司空見慣的智能合約審核的正式流程。 ACPR 表示，它希望在保護消費者的同時鼓勵創新（其職責之一）。

There’s already plenty of debate about whether this is over-regulation and how to tackle composability, where one smart contract is dependent on another. There’s also the question of whether anyone will bother to endure the costs of certification rather than going to another jurisdiction that doesn’t require it.

關於這是否過度監管以及如何解決可組合性（一個智能合約依賴於另一個智能合約）的問題已經存在很多爭論。還有一個問題是，是否有人會願意承擔認證費用，而不是去另一個不需要認證的司法管轄區。

For much of its existence, the European Union has been criticized for over-regulating almost every industry. Many economists point to its tendency to create rules and regulations for every eventuality as one of the reasons for the Eurozone’s sluggish economic growth.

自成立以來，歐盟一直因對幾乎所有行業過度監管而受到批評。許多經濟學家指出，歐元區經濟成長緩慢的原因之一是為各種可能發生的情況制定規則和監管的傾向。

However, the last few years have shown us that we can no longer afford to take a Laissez-faire approach to blockchain technology, digital currencies and associated applications like smart contracts. The dozens of bridge hacks and the collapse of the LUNA/UST algorithmic stablecoin, plus the subsequent implosion of FTX and multiple hedge funds, show us that a totally hands-off approach simply does not work.

然而，過去幾年向我們表明，我們不能再對區塊鏈技術、數位貨幣和智慧合約等相關應用採取自由放任的態度。數十起橋樑駭客攻擊和 LUNA/UST 演算法穩定幣的崩潰，加上隨後 FTX 和多個對沖基金的崩潰，向我們表明，完全不干涉的方法根本行不通。

However, regulators must also be careful not to go too far the other way. A balance must be struck between giving entrepreneurs and innovators the freedom to experiment and over-regulation and the stifling effect it has on industries. The costs of burdensome regulatory compliance can lead to a situation where the big players can afford to play, and the small, scrappy startups (potential future unicorns) are forced to fold or go elsewhere.

然而，監管機構也必須小心，不要走得太遠。必須在給予企業家和創新者實驗自由和過度監管及其對行業的抑製作用之間取得平衡。繁瑣的監管合規成本可能會導致這樣一種情況：大企業有能力參與其中，而小型、鬥志旺盛的初創企業（潛在的未來獨角獸）則被迫倒閉或去其他地方。

The EU has done well to publish the MiCA (Markets in Crypto-Assets) regulations, meaning there can be no debate about regulatory clarity, but it must be careful not to scare off startups and blockchain creators by imposing too many costs associated with regulatory compliance. While the ACPR is strictly a French institution and has no official role in what the EU will do, it did have a large influence on how MiCA turned out. Therefore, what it does may set precedents that have many ripple effects.

歐盟在發布MiCA（加密資產市場）法規方面做得很好，這意味著監管清晰度不容爭議，但必須小心，不要因為與監管合規相關的成本過高而嚇跑新創公司和區塊鏈創建者。雖然 ACPR 嚴格來說是一個法國機構，在歐盟的行動中沒有正式作用，但它確實對 MiCA 的結果產生了很大影響。因此，它的做法可能會開創先例，產生許多連鎖反應。

It is often said that some regulation is good, but too much regulation is as bad as none. That quote perfectly underscores the balance that must be struck in the blockchain and digital currency industry. Whether smart contract certification crosses the line into overdoing it, only time will tell.

人們常說，一定的監管是好的，但監管太多就跟沒有監管一樣糟糕。這句話完美地強調了區塊鏈和數位貨幣產業必須達到的平衡。智能合約認證是否越界，只有時間才能證明。