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Solidity

Solidity Definition

Solidity is a high-level, statically-typed, contract-oriented programming language designed specifically for writing smart contracts on Ethereum-based blockchain platforms. It was proposed in 2014 by Gavin Wood, then the CTO of Ethereum. Solidity is influenced by C++, Python, and JavaScript, and is designed to target the Ethereum Virtual Machine (EVM).

Solidity Key Points

  • Solidity is the main language for developing smart contracts on the Ethereum platform.
  • It is statically-typed, supports inheritance, libraries, and complex user-defined types among other features.
  • Smart contracts written in Solidity can facilitate, verify, or enforce the negotiation or performance of a contract.
  • It is used to create contracts for voting, crowdfunding, blind auctions, multi-signature wallets and more.

What is Solidity?

Solidity is a programming language that is used to write smart contracts on various blockchain platforms, most notably, Ethereum. It was developed by Ethereum’s team and is the most popular language for Ethereum smart contract creation. Solidity is statically-typed, supports inheritance, libraries, and complex user-defined types among other features.

Why is Solidity important?

Solidity is important because it is the primary language used for developing smart contracts on the Ethereum platform. These smart contracts automatically execute transactions if certain conditions are met. Solidity allows developers to write applications that implement self-enforcing business logic embodied in smart contracts, leaving a non-repudiable and authoritative record of transactions.

Where is Solidity used?

Solidity is used in the Ethereum Virtual Machine, which is the runtime environment for smart contracts in Ethereum. It is also used in other blockchain platforms that are compatible with the EVM, such as Ethereum Classic, Quorum, and others. Solidity is used to write applications that can be run on the Ethereum network, or on a private blockchain network running the Ethereum software.

When was Solidity created?

Solidity was proposed in 2014 by Gavin Wood, the former CTO of Ethereum. It was developed in order to allow developers to write smart contracts on the Ethereum platform.

How does Solidity work?

Solidity is a contract-oriented language, which means it is designed to write code that is executed on a blockchain network. A contract in Solidity is a collection of code and data that resides at a specific address on the Ethereum blockchain. Solidity enables developers to create contracts for tasks such as voting, crowdfunding, blind auctions, and multi-signature wallets. The language is statically-typed, supports inheritance, libraries, and complex user-defined types among other features.

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