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If anyone else comes onto this thread looking for the resolution, this post from above helped me to resolve my issue: Got error "linking with rust-lld failed: exit code: 1" when compiling contracts in examples
I had to set the name field in my Cargo.toml to be contract. Creating a custom contract name causes the build to fail.
taariq or ainsley I recommend that be documented in the sample Cargo.toml files so people don’t change it! 😉
I couldn't reproduce this using the examples and requested rustc version for now, may also request a github project.