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That compulses me to take Compiler class next semester, and write a C compiler for this precious fictional CPU.

And what about creating this cpu?

Already done in a few languages:

I think so far there are only assemblers, not C compilers (or any high level languages)?

Ahh, I was only answering the last question.

Now that we have some emulators, people are working on compilers.

Very good subreddit but, I meant physically assembling a DCPU :) If not physically, with verilog or vhdl at least