At scale, a Turing-complete blockchain can be a platform for extremely expensive trust-minimized computations. Not a "World Computer" or "Web3.0". With very carefully written & very small no-library programs, it would be suitable for large-sum financial smart contracts.https://twitter.com/jon_choi_/status/1014913203145326592 …
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Replying to @NickSzabo4
Do you think there's opportunity for Turing-complete systems somewhere in between "Highest trust, most expensive" and "Lowest trust, least expensive" ?
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Replying to @indium_network
No. The way such a degraded chain can break is too unpredictable. If you need governance authority over transactions (as opposed to software upgrades) you lose social scalability -- it would be far from seamlessly global.
12:22 PM - 5 Jul 2018
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