What is Solidity?
Solidity is a programming language for writing smart contracts that run on the Ethereum blockchain. It is used to define the properties and behavior of a smart contract, which is a self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code.
Smart contracts are stored on the Ethereum blockchain and are executed by the Ethereum Virtual Machine (EVM). The EVM is a decentralized, Turing-complete virtual machine that runs on the Ethereum network and executes the code of smart contracts.
Solidity was developed by the Ethereum Foundation, a non-profit organization that supports the development of Ethereum and its ecosystem. The language was designed specifically for use on the Ethereum platform and is well-suited for implementing smart contracts on the Ethereum blockchain.
In summary, Solidity is a programming language used to write smart contracts that run on the Ethereum blockchain, and it was developed by the Ethereum Foundation to be used specifically on the Ethereum platform.