Solidity
A high-level programming language for writing smart contracts on Ethereum.
What is Solidity?
Solidity is a statically typed, contract-oriented programming language designed for developing smart contracts on the Ethereum blockchain. It resembles JavaScript and is compiled into bytecode for execution on the Ethereum Virtual Machine (EVM). Solidity supports complex logic, including loops, conditionals, and inheritance, making it ideal for creating decentralized applications (dApps) and tokens (e.g., ERC-20, ERC-721). Its widespread adoption stems from Ethereum’s dominance, with tools like Remix and Hardhat facilitating development, testing, and deployment.
Related Terms
OP Stack and OP Superchain
The modular, open-source framework for building Ethereum Layer 2 chains, forming the interconnected Superchain ecosystem.
Solana Smart Contract / Onchain Program
Executable code deployed on the Solana blockchain that processes transaction instructions to read from and modify controlled accounts, equivalent to smart contracts on other blockchains.
Solana Compute Units
The smallest unit of measurement for tracking the consumption of computational resources required to process transactions or execute programs on the Solana blockchain.
Solana Foundation
A non-profit organization based in Zug, Switzerland, focused on fostering the decentralization, adoption, and security of the Solana blockchain ecosystem through grants, validator delegations, and global events.
Thick Market/Thin Market
A thick market has many participants trading high volumes, ensuring robust information aggregation; a thin market has few participants and low volumes, risking inaccurate predictions.
BUIDL
The act of actively building and contributing to the development of decentralized technologies and ecosystems, rather than solely investing or speculating.