What is the Solidity programming language

3 September 2022
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What is the Solidity programming language

The Solidity programming language is one of the four languages developed to support Ethereum Virtual Machine (EVM) technology. It is also called a programming language for self-executing contracts based on blockchain technology. Let's analyze in detail what it is and why cryptocurrencies need their own language.

What is Solidity language?

It was invented in 2014 by the English computer scientist Gavin Wood, who became the ideological mastermind of the language. Solidity was implemented and developed by the Solidity team during the further implementation of the Ethereum project, led by Christian Reitwiesner. The Solidity language made an important contribution to making the Ethereum cryptocurrency popular and acquiring the unofficial status of the “second bitcoin”.

Solidity belongs to the group of JavaScript-like cross-platform languages, and it enabled the implementation of smart contract technology, removing fr om the blockchain many of the limitations that are typical of bitcoin. It turned cryptocurrencies not only into a means of payment, but also allowed developers to create new tokens, write decentralized applications, and form smart contracts. The Solidity language has not yet been released in its full version (the current release is 0.8.4), but it already has high functionality, which makes it one of the leading languages used for writing token code.

Why Solidity is used to write token code

There are several reasons for the popularity of Solidity among cryptocurrency creators:

  • based on JavaScript, but redesigned as much as possible, this language is cross-platform and easy to understand for developers, even those who haven't used it before;
  • of all the existing languages for EVMs, Solidity is the most functional and supports complex variables in the contracts concluded;
  • it is actively used by the development team and is being improved, giving even more functions to cryptocurrencies;
  • it is Solidity that provides a high speed of operation and transactions, which is the main advantage of “ether-like” cryptocurrencies over bitcoin and its counterparts;
  • the language allows prescribing almost any conditions in smart contracts; this makes tokens not only a means of payment but also an investment instrument, an object of rights of use, whatever the developers put into it.

But Solidity also has a small disadvantage, which is some “slowness” of the language, which can be explained by the fact that it was developed not so long ago.

Solidity is the basis of Ethereum and all “ether-like” tokens. Without this language, the world would not have known about the versatility and multifunctionality of cryptocurrencies, and maybe the very idea of using them would have died out.

That is why we chose Solidity as the language to develop our own token called AKRA. The token will become a universal investment tool and will take the relationship between us and our partners to a fundamentally new level, wh ere speed, transparency, and the absence of restrictions will prevail.


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