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Full smart contract capabilities will come to Filecoin, it has been in the plans since the beginning. Many people ask this, so i'm starting this issue to track the conversation. We should submit proper FIPs to add the capabilities.
- Choice of VM was unclear. The choice of VM is an important question. Originally we wanted to use the EVM. Then, 2 or 3 years ago it it was not clear whether the EVM would become the main standard or whether other VMs (eg WASM or JS based VMs) would overtake it.
- Many-VM approach. The approach i have recommended for the last few years is to enable support for the most important VMs in Filecoin (like a hypervisor), starting with the EVM.
- Start with the EVM. It is very clear now that the EVM has become THE smart contracts standard. There are other very exciting contenders, but I think we should start by adding the EVM. This will connect well with all the Dapps that already use IPFS and Filecoin, as well as the vast majority of NFTs and Oracles.
- JS and WASM later. Keep an eye on WASM and JS based VMs. Systems like Agoric are fleshing out their capabilities and could be very compelling smart contract systems for Filecoin.
- Formally verified VMs. Also look out for formally verified VMs. There is a lot of compelling benefits in systems that lean towards formal verification, like Tezos with Michelson, and more.
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