Algorand launches virtual machine to increase smart contract capabilities

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The platform introduced the long-awaited functionality for smart contracts during the recent Alonzo hard fork.
Blockchain platform Algorand has today announced the launch of the Algorand Virtual Machine (AVM), a layer-1 protocol upgrade designed to enhance decentralized app scalability for developers and organizations, enable instant transaction finality, as well as sustain a negative carbon output. In addition to these advancements, the AVM also will give developers program tools to write smart contracts in Python or Reach, a similar format to the multi-paradigm web page language Javascript.Two weeks ago, Algorand showcased their highly-anticipated smart contract architecture with the implementation of Plutus-powered scripts in the Alonzo hard fork. This was a notable advancement in Algorand’s ambitious roadmap, though Algorand was cautious in stressing that expectations should be sensible, and that albeit publicly launc

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Źródło: https://cointelegraph.com/news/algorand-launches-virtual-machine-to-increase-smart-contract-capabilities

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