Turing Machine
A theoretical computational model that can simulate any algorithm with enough time and resources.
What is Turing Machine?
A Turing Machine, proposed by Alan Turing in 1936, is an abstract mathematical model of computation that defines an idealized device capable of solving any computable problem given sufficient time and memory. It consists of an infinite tape divided into cells, a read/write head, a set of states, and a transition function that dictates actions based on the current state and tape symbol. Turing Machines are foundational to computer science, proving that any algorithm can be computed by a machine with these properties, influencing the design of programmable systems like Ethereum’s EVM.
Related Terms
Pre-negotiated Licensing Agreement
A pre-arranged contract for accessing resources with defined payment terms.
Sybil Attack
An attack where a single entity creates multiple fake identities to gain disproportionate influence over a network.
Payment Rails
Infrastructure for processing and settling digital asset transactions.
Optimistic Rollup
An Optimistic Rollup is a layer-2 scaling solution for Ethereum that processes transactions off-chain, assumes they are valid, and posts compressed data to the main chain, relying on fraud proofs to ensure correctness.
Whale
A large investor or entity holding a substantial amount of a digital asset or capital, capable of influencing market prices due to their significant holdings.
Vitalik Buterin
Vitalik Buterin, co-founder of Ethereum, is a programmer, thinker and a leading figure in blockchain and decentralization technology, driving innovations in smart contracts and scalable decentralized systems.