At the #Nervos deep dive in Palo Alto. Secure, Decentralized consensus is necessary slow. The solution to scaling is to decrease the demand for consensus by moving normal operations to layer 2.
The layer 1 equivalent of a "contract" will then be a threading of successive states. Operating on such states is left as an exercise to other layers.
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The Nervos CKB-VM is a RISC-V interpreter written in Rust. A hardware ISA means that the VM design will be more stable and more obviously universal than an ad hoc VM like EVM or eWASM, with fewer need to fork.
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You can implement crypto primitives in C or RISC-V assembly and have acceptable speed. Common primitives can be accelerated via JETs as in Urbit or Simplicity.
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