Turing Complete Definition
Turing Complete refers to a system of data-manipulation rules that is capable of simulating a Turing Machine. In the context of blockchain and cryptocurrencies, a Turing Complete blockchain is one that has a built-in fully functional programming language, allowing it to execute any algorithm.
Turing Complete Key Points
- A Turing Complete system can simulate a Turing Machine, which is a mathematical model of computation that defines an abstract machine.
- In blockchain, a Turing Complete system allows for more complex transactions and smart contracts.
- Bitcoin’s scripting system is not Turing Complete, while Ethereum’s is.
- Being Turing Complete can potentially expose a blockchain to more risks and vulnerabilities.
What is Turing Complete?
The term Turing Complete is derived from the name of British mathematician Alan Turing, who is considered the father of theoretical computer science and artificial intelligence. A Turing Complete system is one that can simulate a Turing Machine, a theoretical device that manipulates symbols on a strip of tape according to a table of rules. In the context of blockchain, a Turing Complete blockchain has a built-in fully functional programming language, which allows it to execute any algorithm.
Why is Turing Complete important?
Turing Completeness is an important concept in blockchain technology because it determines the capabilities of a blockchain. A Turing Complete blockchain, like Ethereum, can execute complex transactions and smart contracts, which are self-executing contracts with the terms of the agreement directly written into code. This makes Turing Complete blockchains more versatile and capable of handling a wider range of applications.
Who uses Turing Complete?
Turing Complete blockchains are used by developers and businesses that want to create complex decentralized applications (dApps). These blockchains can handle more than just simple transactions, making them suitable for a wide range of applications, from financial services to supply chain management.
When is Turing Complete used?
Turing Complete is used when a blockchain needs to execute complex transactions or smart contracts. For example, Ethereum’s Turing Complete blockchain allows for the creation of complex dApps that can perform a wide range of functions.
How does Turing Complete work?
A Turing Complete blockchain works by having a built-in fully functional programming language. This allows it to execute any algorithm, no matter how complex. However, this also potentially exposes the blockchain to more risks and vulnerabilities, as it can be harder to predict and control what the code will do. This is why some blockchains, like Bitcoin, choose to have a scripting system that is not Turing Complete, as it provides more security.
