As speculation around Decentralized Media (DeMe) grows, the technology used at the back of the protocol is a critical factor in getting it right. Every successful tech project starts with the hunt for a reliable and practical tech stack. Bugs are difficult to discover and eliminate in large scale projects and integrated systems. Correctly chosen tools accelerate development and ensure that your software is of excellent quality, while a poor choice can lead to a loss of time and money.
Haskell is a functional programming language that helps develop a robust and highly functional backend for many large companies. Haskell, along with Scala, C++, and Clojure, is commonly used by companies like Facebook, Twitter, and WhatsApp to build a variety of applications.
So how is Haskell being used in the Cardano ecosystem and in support of it? Decentralized Media (DeMe)†
Smart contracts
Haskell is a powerful, uniquely functional programming language that, when combined with DeMe, provides unparalleled blockchain development benefits, superior levels of security and memory. Its main limitation is that it is one of the most difficult programming languages to master, and it can be extremely difficult to find people who have completed the Plutus Pioneer program and are qualified to write Cardano smart contracts.
Haskell gives programmers a higher degree of assurance that the code they have written is correct. Security and reliability are critical to the future of Cardano, including the next global social and financial operating system. We expect an entire ecosystem of decentralized financial services to emerge as a result of the advent of decentralized applications, tokenization and smart contracts on Cardano. This will generate billions of dollars in value on the blockchain, which will be locked into smart contracts or managed by decentralized autonomous organizations (DAOs).
A relationship between the two pioneering teams of Clear contractsand flickto seems necessary, with an underlying common goal of lowering the barriers to participation and interaction within the Cardano ecosystem. DAO management is the tool that can be used for various management protocols including transaction execution, voting facilitation and proposal management.
flickto wants to make a difference as a project by introducing decentralized media (DeMe)† DeMe is unique in that it relies on financial instruments such as conditional and unconditional grants for financing, distribution and royalties. Furthermore, no more royalties are withheld and allocated to a small group of participants; instead, they are distributed to creators and consumers via open source software. With the use of Haskell and Plutus, the collaboration between Flickto and Clear Contracts will expand to a wider community, teaching them how to use smart contracts, while also demonstrating the huge potential of smart contracts through Flickto’s diversification of its media business.
flickto is set to be . to launch beta platform towards the end of Q1. The ability to produce smart contracts that use both math languages allows Flickto to work with the best of them. If Flickto is to continue to shine brightly in the Cardano ecosystem, it is necessary to master them to ensure their mission is accomplished. With the recent partnership with Clear Contracts, the task of fortifying the back of their protocol just got a whole lot easier. Flickto executes their plan perfectly and it only seems to get better for them.
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