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TECHNOLOGYAlgorand is Python capable. (self.CryptoCurrency)

submitted by MadManD3vi0us32 / 2K 🦐

I'm not seeing a lot about this on Reddit, so here are a few words from the new CMO of the Algorand Foundation:

"Algorand's native support for Python stands alone. Our release with AlgoKit 2.0 introduces regular, semantically normal Python as Algorand's canonical language. Developers can write code in the exact Python language they know, and it magically compiles to AVM bytecode.

By writing syntactically correct Python, rather than in a "Python-like", or "It-smells-like-Python-but-it-isn't" language , it enables compatibility with Python-native tooling. It also enables developers to share reusable Python code via pip with standard Python module tooling and import it in their smart contracts.

Algorand is the first Layer 1 to support native Python and meet the millions of Python developers where they are, with the tools they like to use and and dev environments they're used to.

And yes, it is a first in the blockchain industry and a very big deal!"

  • Marc V.
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[–]CointestMod[M] [score hidden] stickied commentlocked comment (3 children)

Algorand pros & cons with related info are in the collapsed comments below.

[–]Hermes_Trismagistus10K / 10K 🦭 131 points132 points  (29 children)

Python programming could be big for Algorand.

[–]OderWieOderWatJunge0 / 0 🦠 122 points123 points  (20 children)

Be careful with useful updates and good technology. My experience says that it's better to buy tokens of a blockchain that has multiple outages every year.

[–]Hsiang70 / 4K 🦠 38 points39 points  (4 children)

it's better to buy tokens of a blockchain that has multiple outages every year

No no if you want to make money you have to buy coins with a dog in the name. Everyone knows this!

[–]vanomart326 / 326 🦞 11 points12 points  (1 child)

You mean yorkshirecoin?

[–]Big-Finding29762K / 2K 🐢 2 points3 points  (0 children)

No no, they mean raisinyorkiecoin.

[–]OderWieOderWatJunge0 / 0 🦠 9 points10 points  (0 children)

I have an idea, hear me out - it's a Solana fork but with a dog name. Like DachshoundINU

[–]Sothisismylifehuh32 / 31 🦐 8 points9 points  (0 children)

Dogwifhat.

Jesus Christ...

[–]lukedoomer0 / 0 🦠 4 points5 points  (1 child)

You don't need to know programming to gamble in the cryptocurrency casino.

[–]External-Ad-85860 / 0 🦠 0 points1 point  (0 children)

Its funny how people think, thats where the value is. I would not forget how much money is in real biz.

People already are annoyed but rug pulls with ai art. Of course its what the gamblers want, but with too many rugs, money will be gone

[–]HSuke 1 point2 points  (0 children)

This whole thread is how you know no one here knows anything.

PyTEAL was already a very common compiler/interpreter for Algorand, and it's in Python. (The only difference is that PyTEAL gets interpreted to TEAL while this new version gets compiled directly to opcode, i.e. native)

So Python programmers already had access to Algorand, and I wouldn't expect this to attract any new devs.

Also, Ethereum has both Solidity (Javascript) and Vyper (Python) for years, and no one talks about or uses Vyper.

[–]Machobots208 / 209 🦀 0 points1 point  (0 children)

Nike. 

[–]mechanicalhuman0 / 0 🦠 16 points17 points  (4 children)

Too bad the algorand ASA’s never took off. Apparently CMC gives push back about being unable to list them.

[–]menlyn17 / 2K 🦐 0 points1 point  (0 children)

They list (some of) them on Coingecko.

[–]FirebaseZ2K / 2K 🐢 -1 points0 points  (1 child)

You can buy and trade them easily on DEXs like Pact and Algofi. Also directly in the Pera wallet.

[–]mechanicalhuman0 / 0 🦠 0 points1 point  (0 children)

That’s true. Tiny man was very east. But still hard to mainstream it if even CMC won’t list it. 

[–]LWKD0 / 16K 🦠 63 points64 points  (5 children)

Things are turning around for ALGO. Let me give u that alpha.

Lot more activity and positivity. Best RWA use cases out there because of the tech and low fees. The Foundation seems to have learned from everything. Got one of the best CTOs and now a CMO that is super active in the community alongside the CTO.

Marketing finally ramping up. And not with fake promises or memecoins. Actual use cases. HesabPay, TravelX, AgroToken etc etc.

U might want to get in as it hasn't had its pump yet. U heard it here first, again.

[–]bialy310 / 11 🦐 11 points12 points  (3 children)

Python and soon, Typescript!

[–]HSuke 4 points5 points  (2 children)

Algorand already has PyTEAL (Python) and TEALScript (Typescript)

Since PyTEAL was already popular, this new Python interpreter isn't going to onboard any new beginner devs, but it will finally give them a native interpreter.

[–]bialy310 / 11 🦐 -1 points0 points  (1 child)

They are not the same. PyTEAL is TEAL with Python semantics. 

The release of Algo Kit 2.0 last week allows you to code with native Python. Like actual Python.

They will be doing the same for Typescript for future versions of Algo Kit. Just so everyone knows, Typescript is a superscript of Javascript. So if you can code in Javascript, Typescript can read it.

Algo Kit 2.0 helps onboard the existing 8.2 million Python developers in the world.

Cant wait to see the amazing apps being developed!

[–]bialy310 / 11 🦐 49 points50 points  (25 children)

8.2 million python developers in the world, but who cares.

Get a grip. Algorand is reducing the entry of barrier so that developers can have access to build on a decentralized distributed system.

Everyone should be supporting this if you are in for the decentralized movement.

Get off your tribalistic horses.

[–]Mr_Blondo103 / 1K 🦀 12 points13 points  (0 children)

The world is not zero sum. Algorand succeeding will bring others into the limelight with it

[–]HarrisonGreen0 / 0 🦠 4 points5 points  (10 children)

The coding language is not the problem. The lack of user adoption is.

Nobody wants to spend hundreds (or thousands) of hours of their life building something only to see nobody use it in the end.

[–]bialy310 / 11 🦐 1 point2 points  (9 children)

That’s the whole point of Algo Kit 2.0, which was just release last Wednesday.

It helps onboards the existing 8.2 million Python developers in the world!

This makes it so existing developers don’t have to learn a new language! They can use the existing Python libraries!

Algorand has provide a good foundation for the public to build on. Now they have provided the tools to make it easier for the public to build on. And it’s only going to get easier from here on out as Algo Kit gets updated.

Focus on building something of value, and you will attract.

[–]flyfree256837 / 1K 🦑 4 points5 points  (4 children)

I think you missed their point. Their point is that for decently strong developers the language is not a barrier to entry. It's the value of the platform itself that brings in developers. A good developer can learn a new language very quickly.

As a fairly large example, Apple essentially made up their own programming languages for developing apps (including a brand new one like a decade in) and they have no problem with developer adoption.

[–]bialy310 / 11 🦐 -3 points-2 points  (3 children)

By making it easy for developers to developed will only be a positive thing.

If you take care of developers and make it easy for them to build apps then it will help bring more adoption.

[–]flyfree256837 / 1K 🦑 2 points3 points  (2 children)

Yeah I mean it doesn't hurt. But it's a much smaller factor than the value of the platform for developers.

[–]bialy310 / 11 🦐 -2 points-1 points  (1 child)

Nah. It’s a big deal, this will help onboard 8.2 million existing Python developers in the world.

Current companies whose workforce is based on Python can now go tell their employees to code in Python using Algo Kit 2.0 without learning a new language. They can go explore, experiment, and innovate and come with new impactful ideas.

Python is also taught at many universities in the world. So now the students can go use Algo Kit 2.0 when they do their projects.

Also, I can see you are an Eth guy based on your profile. You’re gonna love Algorand even more once they implement peer to peer gossip and node incentives later this year.

By doing this, they will reach a level of decentralization that is inspired by ethereum.

[–]flyfree256837 / 1K 🦑 4 points5 points  (0 children)

Just because a language is available doesn't mean developers will use it. Companies don't tell their engineers to work on something just because the language they know overlaps.

I've worked as an engineer and product person for well over a decade across all kinds of companies. If a platform has value, engineers will work on it no matter what languages they can use. Is it nicer if you don't have to learn a new language? Yes. But that's not the deciding factor.

And I'm an eth guy insofar as it seems like the most valuable platform. I don't mean "valuable" monetarily -- in that it offers the best so far implementation of a trustless financial ecosystem. If Algo can achieve that I'll happily start being an Algo guy -- but achieving that is also what's necessary to get developers to start using Algo on a scale that rivals Ethereum, not just the dev tools.

[–]freistil90694 / 694 🦑 0 points1 point  (3 children)

Do you think Adobe will finally release Photoshop on FreeBSD once FreeBSD ships a C++ compiler that is good enough? Do you think the reason that it hasn’t happened could be that gcc/clang misses some important language features that should soon land?

You’re missing the problem. And the problem also means that this update won’t change much.

[–]bialy310 / 11 🦐 0 points1 point  (2 children)

I think you're not seeing the full picture. Why would companies opt to spend significantly on Solidity or Haskell developers when Python is available? Especially now, with Algo Kit 2.0, it becomes even more accessible for the 8.2 million Python developers. This move can drastically reduce development costs and open up new possibilities. It's a positive shift. 

Let's embrace it rather than clinging to divisive attitudes.

[–]freistil90694 / 694 🦑 0 points1 point  (1 child)

You kinda ignored my point, didn’t you?

[–]bialy310 / 11 🦐 0 points1 point  (0 children)

Do you believe the Algorand Foundation would heavily invest in Algo Kit 2.0 without valuable feedback? 

The truth is, there was overwhelming feedback emphasizing the necessity of user-friendly languages for smart contract coding, directly from developers. 

So, let's not undermine the significance of Algo Kit 2.0.

Let's set aside tribalism and move forward together.

[–]ObriKnir10 / 11 🦐 -3 points-2 points  (4 children)

Unfortunately 99% of people are in it for the money (me included) and I’m not buying your bags lol

[–]bialy310 / 11 🦐 7 points8 points  (1 child)

Well then good for you. Go make your money. So why bother commenting and downplay Algorand’s achievement?  Perhaps you’re feeling fragile that your bags are threatened?

One of the great things about cryptocurrency is being able to align positive behavior with incentives.

I’m not here to convince you to buy “bags”,  but to refute bullshit comments like reducing entry of barrier for developers means nothing.

[–]External-Ad-85860 / 0 🦠 -1 points0 points  (0 children)

At some point the people will jump from Sol to Algo, and thats where the problem starts :X People will loose quite a lot

[–]payjoe1340 / 0 🦠 0 points1 point  (0 children)

People can make money if the ecosystem exists. No one would use ETH or SOL if no one build apps on them.

[–]morganpriest87 / 38 🦐 0 points1 point  (6 children)

If you were to write a python wrapper that transpiles to solidity you'd still have to deal with the constraints that come with having to deal with smart contracts, such as gas cost or account logic - there's rust-based smart contract Dsls for example, you still have to learn their idiosyncrasies - how is that different?

[–]bialy310 / 11 🦐 6 points7 points  (5 children)

That’s the thing! It’s not wrapped or fake Python. 

 Algorand developed Algo Kit 2.0 which gives you NATIVE Python to write smart contracts.   

It’s just like the original Python pound for pound. 

This means current Python developers don’t need to learn a new language to get started! 

Algo Kit 2.0 opens the doors for the 8.2 million Python developers now!!!

[–]morganpriest87 / 38 🦐 0 points1 point  (4 children)

Pls post example, I cant find it when googling

[–]bialy310 / 11 🦐 2 points3 points  (2 children)

https://developer.algorand.org/algokit/

[–]morganpriest87 / 38 🦐 4 points5 points  (1 child)

Ok so I had a look - you still have to learn a pretty complicated dsl, again because you can't get away from having to deal with the particularities inherent to writing smart contracts, as most solidity Devs will tell you - at the end of the day the underlying language being python , c# or whatever doesn't change that fact

[–]bialy310 / 11 🦐 4 points5 points  (0 children)

Blockchain and smart contracts is relatively new technology in the context of mainstream adoption and widespread use.   

Well of course you have to learn something new if you are planning to implement the latest technology. This is true for any industry trying to innovate.

Algo Kit 2.0 makes it easier to onboard the current 8.2 million Python developers by allowing them to use a coding language they are already familiar with to write smart contracts and build apps on Algorand.

[–]External-Ad-85860 / 0 🦠 0 points1 point  (0 children)

https://alexandercodes.hashnode.dev/?source=top_nav_blog_home

He has some nice coding examples :)

[–]Gr8WallofChinatown4K / 4K 🐢 -1 points0 points  (0 children)

 8.2 million python developers in the world, but who cares.

So what? You can code in python in almost all smart contracting platforms. This is not a big deal.

In the end, in crypto people just copy and paste existing smart contracts and make tiny tweaks.

Laziest industry. Put as minimal work in and try to get paid as much as possible 

[–]throwawayAFwTS0 / 0 🦠 37 points38 points  (9 children)

Who cares? I only invest in blockchains that have multiple outages, multiple failed transactions, heavily VC funded, centralized, multiple rug pulls, and only blockchains that have a big portion owned by the infamous FTX that will be selling off billions worth of coins once tokens release. Good tech and innovations don’t matter in this market, only what I mentioned above do, if Algo didn’t have such a solid team and tech maybe I would invest, but until they become more like the stuff I mentioned above it is a no buy for me 🤓

[–]Bustincherry10 / 3K 🦐 6 points7 points  (1 child)

Crazy that algorand is so dead that it can’t even compete or get 1 tenth the volume of that shitcoin you described. I feel better about being 90% down on algo knowing that at least I lost money on the superior tech.

[–]yc_n0 / 0 🦠 0 points1 point  (0 children)

Solana's volume mainly comes from MEV bots, no thanks. The only other thing making this shitcoin thrive is the memecoins built on it, fitting for a clown chain.

[–]SteaminglyCold0 / 0 🦠 0 points1 point  (0 children)

Hype drives crypto. 😏

[–]Substantial_Run80100 / 0 🦠 -1 points0 points  (2 children)

Algorand is heavily VC funded, centralised and a few whales own a huge portion of the supply.

Thanks for letting me know what NOT to buy

[–]yc_n0 / 0 🦠 1 point2 points  (0 children)

That's just not true, many sales from the initial auction were refunded at 85/90% a while back. Most whale accounts are Foundation and Inc. because of token distribution and network security (at the time, because now the relay nodes are opened up to everyone). And Algorand is not centralized by any metric. It is more decentralized than the vast majority of blockchains, Solana included.

[–]freistil90694 / 694 🦑 0 points1 point  (0 children)

Which VCs hold shares?

[–]l0rd_raiden0 / 0 🦠 0 points1 point  (0 children)

Cry all you want, but algo is dead, no one cares in the industry about this project, it has nothing special, nothing unique.

[–]IcyLingonberry50071K / 5K 🐢 5 points6 points  (0 children)

About the best thing they've done in a long while

[–]Senkoy2K / 2K 🐢 14 points15 points  (2 children)

It's the best crypto imo and it's the worst performing. It should be in the top 10. It makes me hate crypto as a whole...

[–]Local-Librarian32850 / 0 🦠 13 points14 points  (0 children)

Pretty much. It's by far the best user experience as well - I've tried about a half dozen blockchains and it's not even close. 

[–]Top_Mind95140 / 0 🦠 9 points10 points  (0 children)

Algo is the next Big Thing. BTC and ALGO 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

[–]Ernest-Everhard422K / 2K 🐢 17 points18 points  (5 children)

Best in class just keeps getting better, but the myalgo hack left a bad taste in my mouth.

[–]throwawayAFwTS0 / 0 🦠 19 points20 points  (0 children)

Sad thing about this is that myalgo was a 3rd party wallet that had nothing to do with Algo’s tech. But it still left a sour taste in investors mouths. algo has been recovering nicely since it’s all time low though, so looks like there’s a ton of upside from here

[–]LWKD0 / 16K 🦠 23 points24 points  (0 children)

Than come check the ecosystem again now. We got better, took a while, but things are turning around.

Especially on the socials. Lovely to see

[–]deadleg220 / 1K 🦠 5 points6 points  (0 children)

Nothing to do with Algorand, kind of like instawallet with bitcoin back in the day.

[–]HvRv213 / 868 🦀 15 points16 points  (0 children)

That was over a year ago. Shit happens on every chain. Live and learn.

[–]proteinconsumerism0 / 0 🦠 2 points3 points  (0 children)

It can happen to any chain. Most recent is solana.

[–]Elean0rZ0 / 67K 🦠 9 points10 points  (3 children)

Great for Algo, congrats and genuinely hope it works out well, but just for the sake of curbing misinformation: Algo is not the first L1 to do this; off the top of my head, Neo has been fully Python-capable since 2017, and there may be others I'm not aware of.

Edit: Aaaaand of course I'm downvoted for stating an empirical and readily verifiable fact.

[–]Mr_Blondo103 / 1K 🦀 0 points1 point  (0 children)

People are so reflexive lol thanks for sharing

[–]TwistyPoet0 / 0 🦠 -2 points-1 points  (1 child)

Many blockchains have Python libraries that you can use, the only real difference is whether it is native or not. I'm not sure it makes that big of a difference really.

[–]Elean0rZ0 / 67K 🦠 -1 points0 points  (0 children)

Yeah, for sure. Lots of ways to address the issue. I was referring to "full port" native support only, but if you cast a wider net there are even more that offer Python support of one kind or other.

[–]MadManD3vi0us32 / 2K 🦐[S] 8 points9 points  (8 children)

The implications of this are absolutely massive. Now combine this with the fact that we have LLMs that are capable of programming, very effectively I might add, in Python 🤯

[–]jekpopulous2619 / 3K 🦑 17 points18 points  (0 children)

Algo has good tech but the fact that people are excited about Python shows a major lack of understanding here. There are three execution environments that developers are actually building for right now. EVM, SVM, and MOVE. Chains like Algorand and Cardano with unique execution environments are a tough sell because you can't reuse contract code anywhere else. I've been writing in Python for 10+ years but this doesn't make me any more likely to deploy on Algorand. On the other hand Solidity support would make me 10x more likely to deploy there.

[–]2x4skin0 / 0 🦠 2 points3 points  (6 children)

Would you mind explaining or illustrating to a person who is not a programmer what this could do?

[–]Normal-Spell53390 / 0 🦠 1 point2 points  (0 children)

Woah

[–]supergrega754 / 755 🦑 1 point2 points  (1 child)

"magically"

[–]Mr_Blondo103 / 1K 🦀 1 point2 points  (0 children)

It seems like magic when they use three different compilers sequentially. This is what I found trying to look into how it works.

  1. Python -> 2. Python AST (abstract syntax tree) -> 3. AWST (general high level language AST) -> 4. IR (low level control flow graph AST) -> 5. TEAL -> 6. AVM (virtual machine) bytecode

[–]magnetichira3K / 3K 🐢 1 point2 points  (0 children)

ALGO/ETH chart is a visual representation of seppuku

[–]jabootiemon100 / 100 🦀 1 point2 points  (0 children)

The ALGO journey has been very frustrating but it seems more and more likely that this will eventually pay off

[–]ih8reddit42016 / 16 🦐 3 points4 points  (1 child)

So would i be able to code smart contracts on Algorand using python? Raises kinds of security concern tho

[–]bialy310 / 11 🦐 0 points1 point  (0 children)

Anything coded should be vetted whether you are using high assurance code like Haskell or other languages like Solidity or Python.

[–]Kevcky7 / 1K 🦐 2 points3 points  (6 children)

As someone who works almost on daily basis with Python, it can be notoriously slow for big amounts of data. Not sure why this would be a very big deal.

[–]bialy310 / 11 🦐 2 points3 points  (5 children)

It’s a big deal because you knowing Python can now develop smart contracts on Algorand.

[–]Kevcky7 / 1K 🦐 1 point2 points  (4 children)

Any programmer worth their salt and actually skilled enough to make a functioning smart contract would not hamper themselves with the limitations of python in dealing with large amounts of data.

[–]bialy310 / 11 🦐 0 points1 point  (2 children)

I love the generalized statement and assumptions by the way. 

Here’s a list of apps built using Python:

Instagram, Spotify, Netflix, Dropbox, Reddit, Pinterest, YouTube, Quora, SurveyMonkey, Zillow.

[–]Kevcky7 / 1K 🦐 1 point2 points  (1 child)

Are you really comparing full sized companies that happen to use python somewhere in their whole workflow for specific tasks where it happens to excel with the deployment of a smart contract?

For the likes of spotify, specific backend processes run python on the server side or they run it for data analysis. The apps themselves mainly run amongst others on C++.

Guess what you dont have with smart contracts, you guessed it, servers. Seems like you just googled ‘top10 apps using python’ and did not do any further due diligence.

There’s a reason many blockchains have their own native programming language such as Solidity and the likes, namely to handle the specificities that come with interfacing with a blockchain as well as built-in functions to carry specific tasks on the blockchain at maximum performance. If python is what’s stopping people from creating smart contracts, maybe they should not be deploying any smart contracts at all. If python, the most widely used open source programming language actually had any merit for being the reference for smart contracts, it would have been used from the start. People much smarter than you and I, collectively determined there was a need for dedicated programming languages for smart contracts.

As a programmer, you should focus on using the appropriate tools and languages to optimize for performance, security,… what a blockchain dhould NOT do, is tailor to the inadequancy of said programmer. Especially when it already provides tools specifically designed to make it easier to write smart contracts.

[–]freistil90694 / 694 🦑 0 points1 point  (0 children)

You know that language and interpreter are two different things, right?

[–]Dsp_11110 / 0 🦠 3 points4 points  (1 child)

BEST TECH .. prove me wrong .. El Salvador … fifa .. I could go on but I don’t need to .. anybody paying attention knows these things .. lots of haters .. there’s usually a reason for that .. knkw what I mean lol .. lfg

[–]deadleg220 / 1K 🦠 5 points6 points  (0 children)

Also an upcoming narrative is tokenisation of real world assets, algo has quite a few promising projects in that regard.

[–]Big-Finding29762K / 2K 🐢 1 point2 points  (0 children)

More snekky.

[–]Bustincherry10 / 3K 🦐 -2 points-1 points  (10 children)

Cool. Now convince a developer to build their app on a chain with 5 users vs hundreds of thousands. Gonna have a tough time convincing people that it’s worth it over Solana or an Eth L2

[–]Worriedstudent00715 / 15 🦐 4 points5 points  (0 children)

Are there any RWA applications on Solana similar to TravelX or LoftyAI which are on Algorand mainnet? You seem to know about that ecosystem so I’d love to hear if there is so I can take a further look.

[–]Mr_Blondo103 / 1K 🦀 7 points8 points  (2 children)

Have you looked at the active users of algorand and the tps? Its one of the most used chains by all metrics

[–]Bustincherry10 / 3K 🦐 -4 points-3 points  (1 child)

Lmk when all that leads to any value in the coin and brings people on chain. Because value wise it’s dead as fuck.

[–]Mr_Blondo103 / 1K 🦀 6 points7 points  (0 children)

Okay. Thats fair, but just say that next time. You’re being intellectually dishonest saying it doesn’t have users

It actually detracts from your valid point when you throw in little misinformations

[–]HvRv213 / 868 🦀 11 points12 points  (5 children)

Users of what?? Meme coins?

The lasting big things that are being built on Blockchain use it as a tool or a leverage to upscale their business.

Building a BC tool just to take advantage of the current hype or fad is never long lasting and yes it's deffo better to do it in the center of that attention.

But if you plan to take your current or new business into the future and think about the next 5-10-20 years then you are going to try and wager every aspect of the BC of your choosing from a technical standpoint.

[–]PhotonicDestroyer0 / 0 🦠 0 points1 point  (0 children)

Yay! Now tell me they have a VS Code extension with code completion and I'll be all over it.

[–]dannygladiolas0 / 0 🦠 0 points1 point  (0 children)

This is cool, Python is widely known.

[–]Curious_Corey0 / 0 🦠 0 points1 point  (0 children)

Dude if algo doesn’t take off im going to drop Bombs and eat moms spaghetti. I need that shit to pop so I can buy my baby mama a new whip and she stop fucking Craig for rides. On god algo to the moon

[–][deleted]  (1 child)

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    [–]Orvillehymenpopper13 / 12 🦐 0 points1 point  (0 children)

    Myalgowallet hack killed my involvement of algorand. The foundation backed them and I lost everything.

    [–]Simple_Yam6 / 3K 🦐 0 points1 point  (0 children)

    Lmfao Algorand in 2024

    [–]katiecharm66 / 3K 🦐 -1 points0 points  (0 children)

    Algorand is a scam that continues to carpet bomb this subreddit with endless spam, and hires a social media marketing company that won’t stop breaking site ToS.

    [–]0xSAA0 / 0 🦠 -4 points-3 points  (10 children)

    So what? Python support came out for Solana via Seahorse lang over a year ago too, no one posted about it. Y’all just want some way to shill your bags by pretending you care about tech lol.

    [–]Mr_Blondo103 / 1K 🦀 4 points5 points  (8 children)

    It’s not native python on Solana. Lay down your sword buddy. No need to be so aggro. Are you threatened by Algorand or something? It’s not a zero sum world

    [–]0xSAA0 / 0 🦠 -1 points0 points  (7 children)

    Because I see disproportionate amount of Algorand shilling here compared to literally any other place on the internet.

    [–]Mr_Blondo103 / 1K 🦀 1 point2 points  (5 children)

    Okay. As if that’s innately a bad thing. If people were talking about bitcoin, is that not shilling?

    [–]0xSAA0 / 0 🦠 -2 points-1 points  (4 children)

    Whats even special about Algorand? I don’t see any significant differentiator of it.

    Its not even in top 10, not the most innovative, doesn’t have any significant IRL events, isn’t featured in news as much for things other than price, doesn’t have strong enough community leads and hence its always the CTO/CMO who’s called upon or quoted. That doesn’t sound decentralised to me. The entire community is just moonbios. There’s no single significant community developer, designer, marketer who’s featured anywhere.

    [–]Mr_Blondo103 / 1K 🦀 5 points6 points  (0 children)

    It has top 5 daily active users of smart contract platforms right now.

    It is absolutely one of the most innovative if not the most innovative technologies.

    It has the most efficient virtual machine out of any smart contract platform by far (>10x the throughput of solana alone specifically).

    Its consensus is so innovative in fact that Vitalik Buterin often acknowledges Algorands innovativeness and they even intend to use randomness in their validator selection in the future. Solana envisions a similar system where they shuffle the validator set a few times a day. Algorand shuffles the validator set three times every block. That is what makes its consensus mechanism so special hence the name ALGOrithmic RANDomness.

    Combine this consensus mechanism with the most efficient virtual machine and instant finality. Now they’ve made it so native python is the default coding language…not pseudo python. This is native python.

    The most capable blockchain is now coupled with one of the most popular coding languages. It’s already one of the most developed and most used blockchains. It is one of two blockchains that are quantum secure because of state proofs. These state proofs will also make it possible for cross chain interoperability (i.e. trustless bridges with no custodian).

    The founder invented zero knowledge proofs, and they will be added to layer 1 to enable ZK operations like on-chain identity as well as anonymous transactions like monero and zCash.

    I could go on for those of you that are actually curious.

    I have no delusions about the price action. The price action was bad since the last bull run, but this was largely due to hyperinflationary vesting to the early investors. Now Algorand is one of the least inflationary tokens with less than 3% per year.

    Algorands only problem is awareness. Welcome

    [–]bialy310 / 11 🦐 2 points3 points  (0 children)

    DYOR.

    We’re just here to put the word out there that native Python is now available to write smart contracts on Algorand.

    https://developer.algorand.org/algokit/

    [–][deleted]  (1 child)

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      [–]morganpriest87 / 38 🦐 -4 points-3 points  (0 children)

      A lot of algo bagholders on Reddit it seems - overlaps with loopring (whatever that is) , cardano or ergo (whatever that is) - those who got rekt by nano/raiblocks are more silent these days however

      [–]bialy310 / 11 🦐 1 point2 points  (0 children)

      “ Seahorse is beta software. Many features are unimplemented and it's not production-ready.”

      Straight from the website.

      [–]HarrisonGreen0 / 0 🦠 -1 points0 points  (0 children)

      So this sub still loves ALGO? Bearish