Definition ∞ Stateful computation refers to processes that maintain and rely on information about previous operations or system conditions. The outcome of a stateful computation depends not only on its current inputs but also on its stored internal state. This memory allows for sequential operations and complex interactions. Most real-world applications involve some form of state.
Context ∞ In blockchain technology, stateful computation is fundamental to how smart contracts and decentralized applications function. News often discusses the challenges and solutions related to managing state efficiently and securely on distributed ledgers. The integrity and consistency of this state are critical for the reliability of blockchain systems.