It can be used to create smart contracts for voting, crowdfunding, blind auctions, multi-signature crypto wallets, and more . And that’s sort of the point of Solidity existing — smart contracts. Essentially, a smart contract is a collection of code and data that live at a specific address on the Ethereum blockchain.
Read moreWhy did Ethereum choose Solidity?
Solidity allows different types of use cases for Ethereum . It enables people to use tokens and non-fungible tokens on Ethereum. Minting non-fungible tokens , Adding non-fungible to yield farming pools for extra interest, different kinds of uses for tokens are made possible by Ethereum.
Read moreIs vyper better than Solidity?
Vyper . Deliberately has less features than Solidity with the aim of making contracts more secure and easier to audit. Vyper does not support: Modifiers.
Read moreWhat is the best language for smart contracts?
Top 5 smart contract programming languages for blockchain
Read moreIs it worth to learn Solidity?
If it’s worth it to you, it’s worth it . You should learn this if you are interested in smart contract development on Ethereum Blockchain. While there are other Blockchains as well where you can deploy your smart contract or similar applications aka dApps. Learning solidity can be considered a good starting point.
Read moreIs Solidity only for Ethereum?
Solidity is the primary language on Ethereum as well as on other private blockchains on platforms that compete with Ethereum, such as Monax and its Hyperledger Burrow blockchain, which uses Tendermint for consensus. SWIFT deployed a proof of concept using Solidity running on Burrow.
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