Runtime Verification (RV) is proud to release their first version of IELE, a new virtual machine for the blockchain.

What is IELE?

IELE is a variant of LLVM specialized to execute smart contracts on the blockchain. Its design, definition and implementation have been done at the highest mathematical standards, following a semantics-first approach with verification of smart…

Simplicity

Only once in my life have I encountered a programming language that was too simple to use. That was Lispkit Lisp, developed by Peter Henderson, Geraint Jones, and Simon Jones, which I saw while serving as a postdoc at Oxford, 1983–87, and which despite its simplicity was used to implement an entire operating system. It is an indightment of the field of programming…

Since the release of mainnet, IOHK engineers have not only started work planning the new features of Shelley, the next big release, but have also been evolving the way they work. The biggest change is that the team developing Cardano will follow a new release cycle where updates are more regularly made to the live software. This is now possible because we have the foundation of…

Since day one, Ethereum Classic has been driven by principles. What began as a disparate group of people who came together after the DAO hack and the consequent hard fork on Ethereum has now become a strong and growing community, united by a belief in immutability and that code is law. So it was tremendously exciting to see everyone gather at the first Ethereum Classic Summit…

In our previous blog post Cryptocurrencies need a safeguard to prevent another DAO disaster we discussed the need for high assurance development of cryptocurrencies and their underlying blockchain protocols. We also sketched one way in which one might go about this, but we did not give much detail. In this follow-up blog post we delve into computer science theory a bit more…