Solidity - What is it?

Solidity - What is it?

Table of Contents

Explaining the term Solidity is not easy. It's better to start with the cryptocurrency Ethereum, developed by Vitalik Buterin. Smart contracts in the Ethereum blockchain are a type of code that allows users to conduct transactions. This code is written in a programming language called Solidity.

What is Solidity as a programming language?

Solidity is designed in a way that most programmers can understand it. The language is most similar to JavaScript, so finding specialists won't be difficult. It has standard attributes: functions, variables, arithmetic operations, and more.

Solidity is the foundation of smart contracts in the Ethereum network - programs loaded into the blockchain. The main advantage of the language is that it is Turing complete. In simpler terms, the language syntax allows for any type of computation.

All transactions are reflected as entries in smart contracts, for which miners' resources are used. A smart contract contains data in the format "ERC20 wallet = number of coins". This functionality is what allows the Ethereum coin to exist.

It's not the most complex language, which allows for creating practical blockchain technology solutions in just a few hours.

What does the language offer, and does it have prospects?

Given the capitalization of the Ethereum cryptocurrency, Solidity programmers are becoming sought-after and highly paid specialists. Amazon, Google, Twitter - these are just a small part of the employers looking for Solidity programmers and offering them salaries of several thousand dollars. Therefore, the language has a successful future.

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