Python smart contract

Write smart contracts in Python powered by QANplatform

The new era of smart contracts by QANplatform has arrived.

The QAN Virtual Machine (QVM) allows developers to write smart contracts in any programming language. This is a breakthrough for the whole blockchain ecosystem since most blockchain platforms are only compatible with the Ethereum smart contract language, Solidity.

Launching in 2023, QANplatform will be the first quantum-resistant Layer 1 hybrid blockchain platform where developers can write smart contracts in any programming language. Before the official private and public blockchain launch, QAN is publishing some puzzle pieces of its upcoming technology, such as the QVM, where developers can test the multi-language smart contract feature on the Ethereum Sepolia Testnet as a Layer 2 smart contract execution engine.

Following the Go (Golang), JavaScript (JS), C, TypeScript (TS), C++, Rust, and Kotlin smart contract sample releases, QANplatform is releasing the documentation and the first smart contract sample for Python programming language.

Python programming language

Python was initially developed by Guido van Rossum in 1991, and has remained a highly favored programming language for several decades.

Python is a high-level, interpreted programming language known for its simplicity and readability. Python emphasizes code readability and allows programmers to express concepts in fewer lines of code compared to other languages. It has a large standard library and supports multiple programming paradigms, including procedural, object-oriented, and functional programming.

Python is widely used in various IT fields due to its versatility and extensive libraries: web development, data analysis and visualization, machine learning and artificial intelligence (AI), scientific computing, automation and scripting, DevOps, game development, cybersecurity, internet of things (IoT).

Python consistently maintained its popularity and is recognized as the second most widely used programming language after JavaScript, as indicated by statistics from GitHub and Stack Overflow. Statista’s data reveals that Python has a developer base of 15.7 million individuals who possess coding skills in the language.. Despite its 32-year history, Python has demonstrated a consistent upward trend in adoption, as demonstrated by a substantial annual growth rate of 22.5% in its usage on GitHub. As per Stack Overflow’s 2022 Developer Survey, Python holds the position of the second most desired programming language, following Rust.

Write smart contracts in Python

However there are some Python samples, libraries, SDKs, and APIs where developers can interact with a blockchain (e.g. query the blockchain, send transactions, interact with a node), there are only few blockchains where developers can code smart contracts in Python. QANplatform allows developers to build: smart contract, DApp, DeFi, DAO, token, CBDC, NFT, Metaverse, and Web3 solutions in Python.

Benefits of Python smart contracts

Suppose you are a single developer looking to play around with blockchain. In that case, you can finally do that since you are not forced to learn a new programming language in your free time, like Solidity — which you could only use for specific purposes. Instead, you can use your current Python knowledge that you may possibly already mastered for several years or even a decade.

If you are a CEO, CTO, CINO, CBDO looking to innovate with blockchain technology you can benefit from QANplatform’s multi-language smart contract feature as well. No need to hire or train Solidity programmers, since you can already use your inhouse development team or your current IT partner. It makes talent acquisitions, development, and codebase maintenance easier and cost-efficient for enterprises.

It’s time to write your first smart contract in Python

Blockchain platforms only reward validators (miners, stakers) and node providers in their own utility tokens; however, smart contract developers are the ones who are building use cases and products on the blockchain to reach mass adoption. Imagine that GitHub would reward developers when their code is getting re-used by others. QANplatform will reward developers on the QAN MainNet; therefore, you can already prepare some code libraries while playing around with QAN Virtual Machine and Python smart contracts.

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