Solidity

By CoinGecko | Updated on Mar 03, 2020

Solidity is a statically-typed programming language designed for developing smart contracts that run on the EVM. With Solidity, developers are able to write applications that implement self-enforcing business logic embodied in smart contracts, leaving a non-repudiable and authoritative record of transactions

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Related Terms

Cold Storage

Offline storage of cryptocurrencies which is arguably safer as they also require physical access (eg. hardware wallet, paper wallets)

All-Time-Low (ATL)

The lowest point (in price, in market capitalization) that a cryptocurrency has been in history.

IPO

Initial Public Offering (IPO) refers to the process where a public company offers newly issued shares to the public and as a result raise capital from public investors.

Block Reward

One of the mechanisms built into a blockchain to incentivize validators

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