Ethereum is a new Turing-complete meta-cryptocurrency platform that allows you to create any kind of smart contract or decentralized application that you want on top of other cryptocurrency’s blockchains.
The Bitcoin scripting language, even with all script that is currently unsupported, is intentionally not turing-complete (no loops). This is to reduce the chance of DoS attacks and to allow verification of the code before running it.
4 Responses to “Ethereum Launching Soon”
January 28
Marius van VoordenThe Bitcoin scripting language, even with all script that is currently unsupported, is intentionally not turing-complete (no loops). This is to reduce the chance of DoS attacks and to allow verification of the code before running it.
I wonder how Ethereum aims to solve DoS attacks…
January 28
Louie HelmThey’ve currently said they will allow people to run infinite loops on the network (if they pay for them).
January 28
Emil GilliamYeah yeah, now how do I get rich off of this thing?
January 28
Louie HelmSome ideas come to mind if anyone has some time to work on a programming project with me. 😉