A processor, integrated with re-configurable logic and memory elements, is disclosed which is to be used as part of a shared memory, multiprocessor computer system. The invention utilizes the re-configurable elements to construct persistent finite state machines based on information decoded by the invention from sequences of CISC or RISC type processor machine instructions residing in memory. The invention implements the same algorithm represented by the sequence of encoded instructions, but executes the algorithm consuming significantly fewer clock cycles than would be consumed by the processor originally targeted to execute the sequence of encoded instructions.