There was a time when you could whip out a parser in lex and yacc, stitch together a naive VM and throw it over the wall and you’d have a new scripting language. Those days are coming to a close and in a few years (if not months) you won’t be able get traction with anything unless it does direct threading, is register based, has generational GC, does peephole optimizations, does trace-folding, does type-inferenced inline caching, etc.
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