ETH vs Stellar Smart Contracts

[joperimava]

Hi guys,

Have been researching a bit about ETH and Stellar for smart contracts. From what I have seen, ETH is Turing complete while Stellar is not. I understand that this can bring some limitations to Stellar when writing smart contracts but could not find what these limitations are exactly.

Can someone give me an explanation on things you can do on ETH contracts that you cannot do with Stellar, perhaps with a few examples?

Thanks

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[joperimava]

Bumping this to see if someone can answer the question. Ty

[glerant]

Bumping this to see if someone can answer the question. Ty

To answer your question you just need to read up on the DAO debacle.

Waves Platform is also launching Smart Contracts and sits on the fastest decentralised blockchain in existence. These also will be non-turing although Turing complete SC is on the roadmap this year.

Only very few applications specifically need Turing Complete - in most real world cases the logic required could be off-chain. The jury is out as to wether the inherent risks outweigh the benefits of Turing-complete on chain - however DAO was a prescient precedent.

https://en.wikipedia.org/wiki/Turing_completeness

[joperimava]

Bumping this to see if someone can answer the question. Ty

To answer your question you just need to read up on the DAO debacle.

Waves Platform is also launching Smart Contracts and sits on the fastest decentralised blockchain in existence. These also will be non-turing although Turing complete SC is on the roadmap this year.

Only very few applications specifically need Turing Complete - in most real world cases the logic required could be off-chain. The jury is out as to wether the inherent risks outweigh the benefits of Turing-complete on chain - however DAO was a prescient precedent.

https://en.wikipedia.org/wiki/Turing_completeness

Great reply, thank you glerant! So it is safe to assume that Stellar is more than enough for the majority of use cases and more secure as well, correct?