On Wednesday, a developer called Tendo Pein announced the launch of a new smart contract programming language for the bitcoin Cash network. Pein said “Spedn,” a BCH-based language, is designed for explicitness and safety while having a syntax similar to the C programming environment.
Also read:
High-Level BCH Smart Contracts
bitcoin Cash proponents have been introduced to a new smart contract programming language specifically designed for the BCH protocol. The developer has explained in a recent that one of the difficulties of programming smart contracts with bitcoin is due to the Script language. Pein said bitcoin’s Script is a stack-oriented language, similar to the programming language and environment. But instead of giving up, Pein’s passion for the Haskell data processing syntax led the developer to start building .
“Today, I’m pleased to announce Spedn — A high-level smart contract language for bitcoin Cash,” Pein declared in his post. “It is designed for explicitness and safety, statically typed and detects many errors at compile time, explicitly typed with no guessing to what the expression is supposed to return. It is purely functional — free of side effects, the common source of bugs, and it has a familiar C-like syntax.”
Spedn specifications.
A Syntax Overview and
Two Smart Contract Examples
Spedn’s is available for BCH developers to review and provide feedback. The specifications give a syntax overview, contract templates, lexical scopes, and more. Additionally, Pein’s work details math functions, hashing functions, cryptographic checks, and the command line interface for compiling. The Spedn documentation further gives developers a quick-start guide and a write-up on understanding bitcoin Script.
The specifications of Pein’s smart contract language also show examples of using it for zero-confirmation forfeits, a contract based on a proposal by BCH developer to secure zero-confirmation transactions. Another Spedn example is the Chainbet protocol, which was originally created by . is a BCH protocol that enables onchain betting in a decentralized manner. In Pein’s example, the developer said, “the flow of the bet consists of several steps that can be expressed in Spedn.”
Jonald Fyookball’s Chainbet protocol expressed in the Spedn language
Similar to the Ethereum network’s programming language, the bitcoin Cash protocol now has a coding language that developers can work with that is specifically designed for BCH-based smart contracts. But the creator of Spedn emphasized that the project is still in its infancy as far as development is concerned.
“Many breaking changes may come and it’s far from being an “out of the box” solution for smart contracts developers,” Pein added. The programmer is looking for contributors who can offer syntax ideas, code review, unit tests, and bug reports.
What do you think about the Spedn programming language? Let us know your thoughts about this subject in the comments section below.
Images via Shutterstock, Spedn, Twitter, and Pixabay.
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As a result, some of the world’s largest online communities are C2C platforms; Amazon is known and used worldwide whereas Craigslist and Taobao dominate their respective markets. YouDeal is a new player in the C2C platform industry and one that is set to change not only the service industry but the way we work forever.
YouDeal is a blockchain-based C2C personal and freelance services platform. It connects service providers, who are hired based on the services they offer and reviews of these services, to service buyers. Every user can both provide and hire services from the same account. The use of blockchain technology allows the platform to boast superior security and data privacy to its competitors, guaranteed and automatic payments through smart contracts, and legitimate, validated user reviews.
Blockchain application allows for the removal of traditional obstacles associated with C2C services platforms, but also allows for the creation of a tokenized payment method, in this case, ‘YD Token’. Tokenized payments benefit users through international, instantaneous transactions but are also the perfect way to combat the user leakage associated with service platform predecessors.
2015 saw YouDeal enter the market working with its strategic partner, YueDan. YueDan is China’s largest online C2C personal services marketplace and the company that gave the inspiration for YouDeal. Initially, the YueDan platform offered common services, such as personal training, cleaning, yoga instruction, and driving.
Now, the platform has expanded to provide the broader range of personal and freelancing services, from translation, virtual assistants, or household management to content creation and business consultancy. Users can find virtually any service they require from their mobile devices.
Through their strategic partnership, YouDeal and YueDan use similar features and share the same user ecosystem. This relationship gives YouDeal a vast source of users from its launch, while the application of blockchain technology removes the issues YueDan faced.
The use of decentralized technology has increased user privacy and lead to guaranteed payments, which can be made to any service provider instantaneously anywhere around the world. YouDeal also uses an advanced matching algorithm, to match service buyers with the best service providers for their needs.
The foundations laid by YueDan mean that YouDeal already has over 60 million users providing more than 300 service categories covering 400 cities. Such a strong community gives the platform the potential to become the largest of its kind globally and – with 30,000 new users every day – it can do so in the very near future.
Ken Dong, YouDeal Founder and CEO:
“YueDan focused on specific category types to drive revenue. That fit the China model, but we quickly realized that every market suits its own service mix. What is clear is that the overall need for services is very high. The digitization of our lives has resulted in a way to fulfil this need, and that’s what we can to achieve. Let’s say someone needs a cleaner, a language tutor or a business strategy consultant. They can hire them in the same place that they can sell their own personal services, which can be anything from freelance writing to gardening to website coding. Our platform bypasses the time and effort needed to source these services traditionally, and using blockchain technology means it’s also a super-secure process with minimal risk or need for third-party vetting. Everyone wins.”
YouDeal is perfectly positioned to take on the changing workforce dynamic, with freelancing and ‘gig work’ becoming a mainstay of the way we earn. On top of this, the potential for YouDeal to open up markets with high unemployment rates or poor business infrastructure is undeniable; people in developing countries can use the platform to leapfrog traditional work arrangements and start offering their services directly to consumers.
The technology backing the company removes data privacy concerns, which are becoming more and more important for users. Add this to YouDeal’s existing user database and it’s plain to see why investors like Node Capital, Genesis Capital and Grand Shores Fund are still investing in the project already, with an additional $8 million raised this year.
is already making moves for an international launch and solidifying its position in the global freelancer revolution. YouDeal’s future aside, one thing is for sure: the service industry and the way we work will never again be the same.
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