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What is Vyper on Ethereum? Vyper is a contract-oriented, statistically typed, pythonic programming language that targets the Ethereum Virtual World. It was designed as an improvement over Solidarity. The main principles and goals of Vyper are security, language and compiler simplicity, and auditability. Vyper is a strongly typed language and hence does not allow one data type to be used as another. It comes with many added features such as bounds and overflows checking, strong typing, small and understandable compiler sides, limited support for pure functions, support for signed integers and decimal fixed-point numbers, and decidability. It also has a simple syntax which makes it impossible for developers to code ambiguous programs. What are the disadvantages of Smart Contracts? Smart contracts, even though they have so many uses and wider popularity, suffer from many limitations. There is a weal legal regulation for the enforcement of smart contracts, which makes it more prone to cyber-attacks. Changing the smart contract process is nearly impossible as any code error is time-consuming and expensive to correct. Although the involvement of third-party is significantly reduced, it cannot be eliminated completely. For example, developers need lawyers to understand the terms to create codes for smart contracts. Smart contracts also have a high dependence on programmers and exposure to bugs, which is a significant disadvantage.
