Ah, that makes more sense. Although I assumed it wasn't literally built on top of Microsoft's TypeScript implementation because it's using Traceur. This actually got me quite excited because it makes me hopeful that AtScript might deliver "TypeScript + full ES6" before Microsoft does. I'm not very hopeful about Microsoft's ability to deliver that in a timely manner, but it seems AtScript could get this "for free" today with their use of Traceur. The only concern is whether they might have to limit themselves to a subset of Traceur's capabilities due to the need to also compile to Dart.
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