What is Solidity?

In order to create applications on Ethereum and the EVM chain, i.e. smart contracts on the Ethereum blockchain, Solidity is one of the programming languages utilized. One of the most popular decentralized smart contract platforms in crypto is this one. Decentralized exchanges (DEXs), digital art markets (NFTs), financial Decentralized Main (DeFi), Metaverse, etc. may all be created on Ethereum.

Ethereum application developers use the Solidity programming language, which is aimed for high-level programmers. The Solidity programming language makes it easier for developers (developer) to build programs since it uses a mix of letters and numbers.

The language was created by Ethereum contributors under the leadership of Christian Reitwiessner, Vitalik Buterin, Alex Beregszaszi, and others after it was first suggested by Gavin Wood in 2014.

How Solidity Works on Ethereum

Smart contracts on Ethereum are created using the Solidity programming language, which enables a wide range of possibilities, including the following:

• Fungible, Non-Fungible tokens should be minted (NFT).
• Compound, Aave, and other fungible tokens may be lent out in decentralized lending markets
• Token exchange marketplaces like Opensea, SuperRare, etc. have been established.

The EVM is a critical part of executing Solidity Code once developers have written it in Solidity. EVM is a blockchain-based "virtual computer" that aids in the conversion of developers' Solidity code into Ethereum-based apps.

Solidity enables developers to create "machine level" code that may be run on the EVM at a higher level. Compilers are then used to break down the code that developers write into instructions for processors to execute.