What is Solidity and why is it used for smart contract development? Solidity is a high-level programming language used for developing smart contracts on the Ethereum blockchain. It is a statically-typed language, which means that the data types of variables must be explicitly defined before they can be used in the code. Solidity is used for smart contract development because it is designed specifically for the Ethereum Virtual Machine (EVM), which is the runtime environment for smart contracts on the Ethereum network. Solidity allows developers to write code that can execute complex logic and manipulate digital assets, such as tokens and ether, with the security and transparency of blockchain technology. Solidity also provides features such as inheritance, libraries, and interfaces, making it a versatile language that can be used to create a wide range of smart contracts. Additionally, Solidity code is compiled into bytecode, which is executed on the EVM, providing a high level of security and immutability for the contracts. Overall, Solidity is a powerful tool for creating secure, decentralized applications and protocols on the Ethereum network, and it is an essential skill for developers looking to enter the world of blockchain and smart contract development. Read: https://www.turnkeytown.com/smart-contract-development #smartcontract #smartcontractdevelopment