So is Ethereum's VM simply not Turing complete, then? :) Since by its nature it can not possibly compute every Turing-computable function. If so, why was it even advertised as such? edit: Haha okay, so I guess I'm not…
> A better question is -- why are there so many currencies to begin with? Why isn't there a single currency that everybody uses? Groups of people live in bordered countries and like to have their own currencies for…
The halting problem in essence states that no algorithm can exists which determines whether or not a given algorithm will terminate given some input. Ethereum makes the assumption that given a user-defined algorithm and…
> There's a significant difference between the social consensus you use to pick Bitcoin and the social consensus that you use to resolve a proof of stake fork. With Bitcoin, you choose it once and then it's stable…
Here is the irony in blockchain and computerized value systems in general: value is a collective social phenomenon. There is no way to avoid social consensus when creating a value exchange system between participants.…
So is Ethereum's VM simply not Turing complete, then? :) Since by its nature it can not possibly compute every Turing-computable function. If so, why was it even advertised as such? edit: Haha okay, so I guess I'm not…
> A better question is -- why are there so many currencies to begin with? Why isn't there a single currency that everybody uses? Groups of people live in bordered countries and like to have their own currencies for…
The halting problem in essence states that no algorithm can exists which determines whether or not a given algorithm will terminate given some input. Ethereum makes the assumption that given a user-defined algorithm and…
> There's a significant difference between the social consensus you use to pick Bitcoin and the social consensus that you use to resolve a proof of stake fork. With Bitcoin, you choose it once and then it's stable…
Here is the irony in blockchain and computerized value systems in general: value is a collective social phenomenon. There is no way to avoid social consensus when creating a value exchange system between participants.…