📣 Cardano smart contracts test net IELE launches

Cardano ($ADA) launched its second test net which is for the IELE virtual machine. This follows its recent launch of the KEVM test net. IELE is a virtual machine with a low-level language that is designed to execute smart contracts on the Cardano blockchain. It provides a platform for translating and executing smart contracts from higher-level languages, provides a uniform gas model, and makes it easy to write secure smart contracts.

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