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Crypto Terms:  Letter S
Jun 19, 2023 |
updated Apr 02, 2024

What is Solidity?

Solidity Meaning:
Solidity - a programming language that is mostly used for developing smart contracts on the Ethereum blockchain.
2 minutes

Let's find out Solidity meaning, definition in crypto, what is Solidity, and all other detailed facts.

Solidity is an object-orientated programming language. It is mostly used for developing smart contracts on the Ethereum blockchain. Even though in 2014 it was proposed by Polkadot founder Gavin Woods, Solidity was developed by Ethereum and its project team. This programming language is influenced by other popular programming languages such as JavaScript, Python, and C++.

The Ethereum Virtual Machine (EVM), which serves as an abstraction layer between the executing code and the execution machine, interacts with the Solidity programming language. Though since the EVM does not directly compile low-level machine instructions called opcodes, Solidity must be compiled to them manually.

This programming language is simple to switch to and use, especially for individuals with prior programming experience. Solidity is statically typed, which means it checks the program's source code for type mistakes and syntactic difficulties. 

It supports libraries, user-defined complex objects, and inheritance. In addition, developers are able to design new forms of complex and automated financial, gaming, auction-based, management, and other applications using Solidity.

Though just like any programming language, Solidity has some issues. To begin with, since blockchains are immutable, a smart contract that has been deployed cannot be removed or modified in any way. This means that every single line of the Solidity code must be flawless, or it is at risk of being hacked or exploited. Besides, the design of Solidity needs to be updated to meet the needs of today’s requirements since it was designed during the time when Ethereum wasn’t deployed.