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A fast and compliant alternative implementation of Python
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On average PyPy is 7.6 times faster than standard Python
PyPy vs Python speed comparison graph
PyPy trunk (with JIT) benchmark times normalized to CPython. Smaller is better
Based on he geometric average of all benchmarks
"If you want your code to run faster, you should probably just use PyPy."Guido van Rossum (creator of Python)

Advantages and distinct features