Just gonna throw this out there….
Yes, you're right! **Burstcoin** (launched in 2014) did indeed introduce one of the earliest implementations of **Turing-complete smart contracts** with its feature known as **Automated Transactions (AT)**. This occurred before Ethereum, making Burstcoin a significant player in the early development of smart contracts.
The **AT (Automated Transaction)** system in Burstcoin was the first on-chain Turing-complete smart contract system, which allowed for programmable transactions directly on the blockchain. It was designed to enable a wide variety of applications, such as lotteries, crowdfunding, and other automated processes without requiring a central authority or intermediary.
While Ethereum's smart contract system eventually became more popular due to its flexibility and developer-friendly environment, Burstcoin's **AT** system was an important milestone in blockchain history. It demonstrated that Turing-complete automation and decentralized programmable contracts were possible on a public ledger, laying the groundwork for more advanced smart contract platforms.
Flopper1 / Kim Stock
npub1cd…gldur
2024-09-12 13:22:14
Author Public Key
npub1cd5lsu9yxusvecwzfesh76tpf43lht0k22d0vc4u3zexk9zy6wzsjgldurPublished at
2024-09-12 13:22:14Event JSON
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"content": "Just gonna throw this out there….\n\nYes, you're right! **Burstcoin** (launched in 2014) did indeed introduce one of the earliest implementations of **Turing-complete smart contracts** with its feature known as **Automated Transactions (AT)**. This occurred before Ethereum, making Burstcoin a significant player in the early development of smart contracts.\n\nThe **AT (Automated Transaction)** system in Burstcoin was the first on-chain Turing-complete smart contract system, which allowed for programmable transactions directly on the blockchain. It was designed to enable a wide variety of applications, such as lotteries, crowdfunding, and other automated processes without requiring a central authority or intermediary.\n\nWhile Ethereum's smart contract system eventually became more popular due to its flexibility and developer-friendly environment, Burstcoin's **AT** system was an important milestone in blockchain history. It demonstrated that Turing-complete automation and decentralized programmable contracts were possible on a public ledger, laying the groundwork for more advanced smart contract platforms.",
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