Cardano smart contract language Plutus gets clear

The Cardano blockchain expects users to have access to smart contracts that will be written in the native Plutus language.

Cardano smart contract language Plutus becomes clear

Cardano recently talked about the Plutus locale announced new details. As it is known, Plutus will be used in smart contracts to be written on Cardano with the Alonzo update. .

All these parts will be written in the Haskell programming language but will be compiled by Plutus, which provides the framework for Cardano smart contracts.

The superior side of Cardano

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The Cardano blockchain uses the UTXO (unspent transaction output) model, just like Bitcoin. In this model, inputs are unspent outputs from previous transactions.. However, Cardano developed this model and started using the expanded UTXO (EUTXO) model.. This new system has very important advantages over other systems.

One of the most important advantages of EUTXO is that the transaction confirmation can be checked outside the blockchain, without being sent to the blockchain.. Thus, a different application from “Ethereum Layer 1”, which performs all transactions on the blockchain, is introduced.. The biggest benefit of this feature will be that the transaction fees can be calculated before the transaction.

Plutus Core will be used to define the EUTXO parameters and the Plutus Application Framework (PAF) will provide access to the application via a web browser.

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Alonzo update

Plutus is part of Alonzo, which comes as a major update. Together with Alonzo, Cardano gains the ability to develop smart contracts and Dapp applications.

May and June will be a period when user testing will begin for the Alonzo update.. After this process, a gap of 4 weeks will be left.. In this gap, wallets and crypto exchanges will try to adapt to the Alonzo update.. The update is expected by the end of summer.

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