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
Funding Rate
A periodic fee exchanged between long and short traders to balance market positions.
Solana Token Program
A core Solana onchain program with the program ID `TokenkegQfeZyiNwAJbNbGKPFXCWuBvf9Ss623VQ5DA`, enabling the creation, transfer, minting, and freezing of fungible and non-fungible digital assets.
e-CNY
China’s digital yuan, a CBDC issued by the People’s Bank of China.
APY (Lending)
The annualized percentage yield in DeFi lending, accounting for interest compounding.
BTC Multiple
The ratio of Strategy's BTC NAV to its BTC $ Equity, indicating leverage in its Bitcoin treasury.
Mainnet
The primary, public blockchain network where real-world transactions and digital assets are processed.