IELE should be evaluated. #9
Description
The conceptual designs for IELE and HyperCube implement smart contracts from diametrically opposed perspectives. Everything has a gas price assigned to it in IELE, which is a generic Turing-complete programming language. An alternative to this is a spending plan, which is a very basic language in which every branch spends all of the bonded tokens and an implementation that does not need any memory allocations. In order to map spending plans to IELE, we'd need to consider a subset of stack-allocated programs where the gas price is extremely tiny and can be estimated in advance of the expenditure plan.