Solidity Code

Definition ∞ Solidity code is the high-level, object-oriented programming language specifically designed for writing smart contracts on the Ethereum blockchain and other compatible networks. It enables developers to define the logic and rules for decentralized applications. This language is statically typed and supports inheritance, libraries, and complex user-defined types. It is compiled into bytecode for execution on the Ethereum Virtual Machine.
Context ∞ Solidity code is fundamental to the development of decentralized finance (DeFi) and non-fungible tokens (NFTs), making it a frequent subject in crypto news. Security audits of Solidity contracts are critically important, as vulnerabilities can lead to significant financial losses. Understanding its principles is essential for anyone following blockchain technology and its applications.