Since you’re here, you’ve probably heard of Cardano. If you’ve been here for a while, you might know what a “smart contract” is. Here is something that still isn’t well-known to many: Plutus. Drawing from a video published to IOG’s YouTuve channel in April, this article describes what Plutus is and its importance in the Cardano architecture.
The foundation of the Cardano blockchain platform is built on two separate layers: A Cardano Settlement Layer (CSL) and a Cardano Computation Layer (CCL). Plutus is a range of technologies powering the CCL :
- Plutus is at the core of Cardano’s smart contract platform that powers the creation of DApps (decentralized applications).
- Plutus enables non-fungible tokens (NFTs) which have been very…