What is Algorand Smart Contract (ASC1)?

Algorand Smart Contracts (ASC1s) are smart contracts that operate on Layer 1 of the Algorand protocol. ASC1s generally represent relatively small smart contracts, with larger smart contracts being reserved for Layer 2. ASC1s are written in an Assembly-like programming language called Transaction Execution Approval Language (TEAL), which is then interpreted by Algorand nodes.

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.

⁝⁝⁝ crypto & bitcoin news

view all

Rayls Launches Public Mainnet, Advancing its Mission to Bring Global Finance Onchain

When Rayls opened its public mainnet on April 30, 2026, it did so with a roster that most blockchain projects spend years assembling. The Layer 1 chain, built by Parfin (core developer..

Crypto OTC Desk for Businesses – Cross-Border B2B Payments

In today’s evolving financial landscape, our OTC service provides companies with a reliable bridge between traditional finance and digital assets.

3Commas Unveils QuantPilot, Targeting Retail Traders With Institutional-Style AI Tools

Early Access Now Available for Advanced Traders — Sign Up for the QuantPilot Waiting List: quantpilot..

Best Crypto Presales Under $0.01 – 11 Low-Entry High-Reward Projects

Low-priced crypto under 0.01 presales provide retail investors with exceptional opportunities to accumulate significant token positions with minimal capital investment..

⁝⁝⁝

Trending news

Artificial Intelligence (AI)
Altcoins
Bitcoin
DeFi
Ethereum
show more

Economy
Market and Events
Metaverse
Mining
NFT
Regulation
Web3
show less

⁝⁝⁝ Test your knowledge

CHANNEL CHAT

Legal Notice: CryptoFingers.com is an online newspaper that covers the cryptocurrency market. We are a purely informative website. Nothing published on CryptoFingers.com consists of an investment recommendation. Digital currencies are speculative assets that carry a high level of risk. You must study how this market works and take the risk of all possible losses yourself. 🔞