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Maybe I’m talking to the wrong people. I wish I knew more folks who are interested in using smart contracts for that kind of thing. Usually I find myself walking clients through why smart contracts might not be the best fit for a dating app
On this particular topic (in contrast to most others crypto-related), people focused on Bitcoin are definitely the wrong people to talk to. But the Ethereum community is very noisy so it is hard to find the many valuable needles in its haystack.
If Turing complete smart contracts could indeed produce value, that still leaves a big question: if it should be on a standalone “Turing complete, decentralize all the things” chain or built on top of a secure, low entropy, immutable sound money (as a sidecchain / other layer)
Well you’d have to first show us how to build it as a second layer though
There are probably ways to approximate the Turing complete needs without actually being fully Turing complete. Isn’t this the goal of simplicity? But I do think this is one of the most important areas of research
Yes, the goal is literally named Simplicity: https://medium.com/@danrobinson/understanding-simplicity-implementing-a-smart-contract-language-in-30-lines-of-haskell-827521bfeb4d … Simplicity is a non-turing complete smart contract language that (presumably) allows everything that you'd want from a TC language, but statically prevents the footgun scenarios we've seen with Ethereum.
A non-TC language cannot allow everything you might want from a TC language.
Agreed, but how useful are things like infinite looping in a smart contract language? Is there a known list of types of practical smart contracts that can't be accomplished without TC? From my limited understanding each element of the list that you provided could be.
The issue isn't infinite looping but looping without a predefined limit and corresponding pre-allocated memory, which is an extremely common and extremely valuable programming pattern.
Any suggestions on where to look for these things?
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