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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At one level of analysis sure, but there's also a personal benefit from having a machine under one's control that can validate a transaction (including running any shared computation that might be of interest, including those that effect oneself) for oneself.
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What about reward punishment assymetries where computations could be checked and a large "fine" issued if they were invalid. Cheating in equilibrium would still happen but depending on the size of the assymetry rarely.
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