Blockchain Firm IOHK To Launch Two Devnets To Allow Developers To Write Smart Contracts For Cardano

Announcements, Blockchain, News | December 8, 2020 By:

Blockchain research and development firm IOHK will be launching two smart contract developer environments (devnets) for Cardano – KEVM and IELE.

IOHK is a research and development company and industry leader in the fields of cryptography and distributed systems. In September 2017, IOHK developed the Cardano blockchain to run smart contracts, decentralized applications, side chains, multi-party computation, and metadata. Cardano is one of the first blockchains to be built in Haskell programming language, a standardized, general-purpose purely functional programming language, with non-strict semantics and strong static typing.

The two devnets will reportedly allow developers to write, deploy and test smart contracts for Cardano. The KEVM devnet will allow developers to deploy existing or future Ethereum-based applications on Cardano, meaning 140,000+ smart contracts will be compatible with the blockchain. The other devnet, IELE, will be the first large scale beta test to allow non-blockchain developers to start to build smart contracts on Cardano without needing to learn a blockchain-specific programming language. Both devnets will be launching as standalone networks, and will then be connected as sidechains to the Cardano mainnet in the first half of next year.

“The devnets play a similar role to developer kits for games consoles, where manufacturers provide early access to developers to start creating their games ahead of launch,” IOHK said. “They will comprise a full suite of development tools, allowing developers to begin building smart contracts for Cardano. This means that once smart contract functionality is launched on the Cardano mainnet, the Dapps written using the development environments will be available on Cardano from day one.”

Charles Hoskinson, CEO of IOHK, said that universality is the next piece in the puzzle for mainstream blockchain adoption, which is why they’re focused on removing barriers to the world of writing smart contracts for blockchain, no matter which languages developers actually know.

“This new access to the world of writing blockchain-based smart contracts, combined with our focus on industry collaboration, means that blockchain technology will finally be able to live up to its inclusive principles, allowing a diverse network of partners and developers to build innovative and potentially world-changing solutions,” Hoskinson said.