Definition of Solidity

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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Mnemonics

Mnemonics are memory aids with a system such as letters or associations that help in recall. *see Mnemonic Phrase.

Hashrate

Total processing power of a blockchain or what is the same, are the amount of hash values that can be made in a period of time.

ASIC Resistant

A term used to describe cryptocurrency proof-of-work protocols that are resistant to Application-Specific Integrated Circuit (ASIC), by packing in various parameters that make it difficult for ASICs to have a competitive edge against consumer hardwares.

Custody

Protective care or guardianship of an asset.

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Solidity

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