andytoshi changed the topic of #bitcoin-wizards to: This channel is for discussing theoretical ideas with regard to cryptocurrencies, not about short-term Bitcoin development | This channel is logged. | For logs and more information, visit https://bitcoin.ninja
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<yanmaani>
So, Ethereum has a really awful smart contracts language.
<yanmaani>
Did anyone come up with a cryptocurrency that uses some "normal" FORTH-like language, but still does Turing-complete contracts?
<michaelfolkson>
Having all nodes on the network trying to validate infinite loops sounds bonkers to me. You need something like Ethereum's gas before you even start trying to tackle that
<yanmaani>
yeah, I mean you would do something like ethereum's gas system. You'd just make it better, so it's easier to write good contracts
<michaelfolkson>
Or you write expressive contracts that don't need infinite loops
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<yanmaani>
Can those do everything? Could you do the whole DeFi casino with it?
<michaelfolkson>
The entire DeFi casino is hard if you want to build on top of a decentralized network not because you don't have infinite loops
<michaelfolkson>
It is easier to build on a centralized network without liquidity restrictions of second layers and just slap decentralized ("De") on it
<yanmaani>
What do you mean? Ethereum seems to be doing fine at providing that service, such that it is.
<michaelfolkson>
It is putting all the strain on one layer at the cost of decentralization
<michaelfolkson>
(and high fees)
<yanmaani>
yeah that's true, but assuming you were fine with that - is there a good Turing-complete replacement for Solidity?