The first Python-based Cardano smart contract is disclosed

Despite periodic losses in the cryptocurrency market, the Cardano (ADA) developers team stayed unfazed and concentrated on technical advancement, with smart contracts written in the Python programming language being one of the most recent breakthroughs.

Specifically, the first Cardano smart contract written in Eopsin, a new Pythonic programming language, has been constructed and deployed on the pre-production testnet, the ImperatorLang development team announced on January 10 via Twitter.

The authors also provided an example of the latest version of the Cardano smart contract, whose transaction occurred on January 10, as well as plans to integrate with PyCardano, a lightweight Cardano Python library.

Although there is still much work to be done on the project’s optimization, its creators claim that once Eopsin is fully operational, developers will be able to write 100% valid Python programs using the existing tool stack for Python, including syntax highlighting, debugging, unit testing, and verification.

Eopsin was also described as versatile, intuitive (similar to Python), efficient, and secure, with static type interference guaranteeing tight typing and optimised code. Notably, it is a highly tight subset of valid Python, meaning that “not all language features of Python will or can be supported.”

Ultimately, the project intends to combine Python with the Plutus smart contract platform, or as the creators put it while explaining the name Eopsin:

“Since this project attempts to combine Python (a huge snake) with Pluto/Plutus (Greek gods of wealth), the name seems appropriate.”

This is only the next stage in Cardano’s ongoing, aggressive development efforts. Previously, Finbold claimed that Cardano will be the most actively developed blockchain system in 2022, followed by Polkadot (DOT) and Cosmos (ATOM).

Cardano is also making progress in other areas, including a 36% growth in its total value locked (TVL) for the month of January (from $48.95 million on January 1 to $66.7 million on January 12), as the price of its native coin ADA continues to rise.

Chart data reveals that Cardano had a market capitalization of $11.1 billion and a price of $0.3215 at the time of publication, representing a daily growth of 1.86% and a weekly increase of 21.16%, respectively.

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