Categories: CRYPTOCURRENCY

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Categories: CRYPTOCURRENCY

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Here’s an article on using Durable Nounce in Python for a limit order:

Durable Nounce and Connecting Wallets in Python: A Beginner’s Guide

As a developer working with blockchain platforms, you may have come across concepts like durable nounce and connect wallets. In this article, we’ll explore how to use the durable nounce library in Python and demonstrate its application in creating a limit order.

What is Durable Nounce?

Durable nounce is an open-source JavaScript library that enables the creation of smart contracts on top of blockchain platforms like Solana, Ethereum, and Binance Smart Chain. It allows developers to build decentralized applications (dApps) without worrying about the complexity of writing Solidity or other programming languages.

Connecting Wallets in Python

To use durable nounce in Python, you’ll need to connect a wallet to your blockchain platform. Here’s an example using Solana and the solana-program library:

import os

from solana_program import account_key, program_account_info

def main():








Solana: Solana Durable Nounce in Python

Generate a keypair for your Solana wallet

key = account_key.generate_keypair()

program_id = "your_solana_program_id"

pub_key = program_account_info.get_pubkey(program_id)


Create a durable nounce contract instance

contract_instance = durable_nounce.create_contract(

program_account_info,

key.public_key,

pub_key,

"durable_nounce",

"your_durable_nounce_program_id",

{

"accounts": ["public_key"],

"parameters": {"nouncePubkey": "public_key"},

},

)

if __name__ == "__main__":

main()

In this example, we generate a keypair for your Solana wallet and create a durable nounce contract instance using the create_contract method. We then specify the public key to use as the contract’s sender account.

Creating a Limit Order

Now that you have a durable nounce contract instance, let’s create a limit order example:

import os

from solana_program import program_account_info

def main():


Generate a keypair for your Solana wallet

key = account_key.generate_keypair()

program_id = "your_solana_program_id"

pub_key = program_account_info.get_pubkey(program_id)


Create a durable nounce contract instance

contract_instance = durable_nounce.create_contract(

program_account_info,

key.public_key,

pub_key,

"durable_nounce",

"your_durable_nounce_program_id",

{

"accounts": ["public_key"],

"parameters": {"nouncePubkey": "public_key"},

},

)


Create a limit order

program_account_info = durable_nounce.create_program_account_info(

key.public_key,

pub_key,

"limit_order",

10000,

maximum amount to sell in Solana units

{

"accounts": ["nouncePubkey"],

"parameters": {"buyPrice": "123.45", "amount": "10000"},

},

)


Send the limit order to the contract instance using the connect wallet

durable_nounce.send_contract_account_info(

contract_instance,

program_account_info,

)

In this example, we create a durable nounce contract instance and send a limit order to it using the send_contract_account_info method. The limit order specifies the maximum amount to sell in Solana units at the current price.

Example Use Cases

Durable Nounce can be used for various applications, such as:

  • Creating decentralized exchanges (DEXs) with automatic market making

  • Building trustless liquidity pools on top of blockchain platforms

  • Enabling smart contract-based trading and margining

Keep in mind that this is just a basic example to get you started.

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