The IOTA Foundation, the non-profit driving open-source distributed ledger technology for a new digital economy, announced the beta release of IOTA Smart Contracts in a release shared with CryptoSlate.
The fully functional smart contract solution offers a number of new features aimed at resolving current scalability and transaction fee issues while offering new features currently unmatched in the crypto space.
The IOTA Smart Contracts Beta enables users to create and execute custom smart contracts on a feeless network for the first time. It also comes with Ethereum Virtual Machine (EVM) support, the current industry standard. Developers can now write Solidity smart contracts inside an EVM chain that is anchored on the feels IOTA Tangle.
The feature supports several programming languages, including Go, Rust, and Ethereum’s Solidity. This choice is in line with the IOTA Foundation’s commitment to interoperability and standardization, two cornerstone principles of the new digital ec
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