These 8 Programming Languages ​​Are Powering the Crypto Economy

At the time of writing, the global cryptocurrency market capitalization has reached nearly $1 trillion. The industry is booming with several profitable decentralized autonomous apps (DApps) and many other projects such as NFTs and games that you earn by playing. Encryption also influences the idea of ​​Web 3.0, a decentralized web where your data stays only with you.

Cryptocurrency is a whole financial world in itself. Want to dig into crypto or wonder which programming bits work together to power the crypto economy?

Blockchain developers use one or a combination of these programming languages ​​to wire up the crypto world.

1. Robustness

Developed by the Ethereum project team, Solidity is the main powerline behind the famous Ethereum network and associated blockchains. It is still the most used programming language in the blockchain industry.

Its developers call it a “braces language” because of its syntax style. It follows the curly bracket pattern around blocks. For the most part, Solidity is a statically typed, object-oriented language with a high-level syntax.

Considering its smooth learning curve, most programmers see it as their entry point into blockchain development. Additionally, Solidity’s use cases are versatile. Rock-solid support for the Ethereum Virtual Machine (EVM) is one of its killer features.

This makes it widely used for developing and deploying smart contracts. Used in many of his Ethereum-based DApps and blockchains such as Binance Smart Chain, Tron, Polkadot and Avalanche.

2. Golan

Golang, also known as Go, was developed by Google. Its simplicity and high-level syntax are some of the reasons why developers use Golang to build complex native apps. One of the most popular blockchain platforms using Golang is GoCoin, a Bitcoin-based payment gateway.

Golang’s support for parallelism, concurrency, and memory allocation makes it a top spot for developing smart contracts, optimizing node performance, and enhancing cold storage security (used for offline crypto wallets). .

Many crypto-based projects use Golang only for background contract orchestration, but some extend it by combining it with other languages ​​and technologies. Golang is also committed to Hyperledger Fabric, a top blockchain framework for developing distributed ledgers. Metacoin and IBM Blockchain are among the crypto projects that use this framework.

As for Ethereum support, there is Go-Ethereum or Guess, another popular Go-based Ethereum client for writing data to blockchain nodes and interacting with Ethereum smart contracts.

3. Rust

The 2022 Stack Overflow Developer Survey shows Rust to be the most loved programming language. Rust underpins many Solana-based projects and is part of the programming stacks used in crypto ecosystems such as Polkadot, Near, and Elrond.

A soft spot and ease of implementation for future developers to tackle cryptography development. Rust is high-level and easy, but memory efficient, type-safe and fast, and C and C++ etc. Seamless interoperability with other programming languages.

Quickly develop on-chain programs in Rust while managing your blockspace. This is one of the reasons why it is popular among blockchain developers.

However, Solidity seems a little easier to learn than Rust. However, many blockchains prefer Rust to avoid “copy-pasta,” where programmers copy and paste existing smart contract code. It’s always easier to build to scale in his Rust than in most languages ​​because developers can tweak their programs however they like.

4.C++

C++’s ability to run embedded systems and high-performance computing apps, along with its support for object-oriented programming, multithreading, and runtime polymorphism, make C++ the language of choice for many top blockchains.

Prominent ecosystems such as Bitcoin, Ripple and Litecoin benefit from the richness of C++. Some other programming languages ​​even derive their functionality from that language. For example, the Solidity compiler, Solc, is written in C++.

While most blockchain developers prefer to develop Dapps in simple languages ​​like Rust or Solidity, C++ is a great option for building something from scratch.

5. Ruby

Ruby is famous for its natural and dynamic implementation of complex programming concepts. Its use in crypto development revolves around its top priority of security and its ability to blend with existing blockchain protocols, including Ethereum smart contracts.

One of its core attributes is that developers can tweak that part seamlessly. For example, you can abstract that syntax into a more readable form. Not only is Ruby object-oriented, every part of the language is an object.

Ruby doesn’t restrict developers to any particular paradigm. The multi-paradigm language allows developers to focus on solution-driven development rather than rigid architecture.

Ruby on Rails, the most popular Ruby full-stack web framework, powers one of the most popular crypto exchange platforms, Coinbase.

6. Erlang

Erlang also provides programming quotas for the crypto economy. His Beam, Erlang’s virtual machine, allows blockchain developers to explore their creativity as an alternative to his Ethereum virtual machine.

Erlang’s concurrency, simple syntax, lightweight process support, and stability help power complex systems, including DApps. End-to-end encryption use cases in chat apps like WhatsApp and WeChat are extensible for DeFi and DApps to secure blockchain nodes.

The programming language and its derivative, Elixir, are used in popular blockchain solutions. For example, ArcBlock, a versatile distributed development solution platform, uses Erlang as its core development language. Aeternity also combines an Erlang derivative, Elixir, and an Erlang runtime machine, Beam, to develop its core blockchain protocol.

7. Python

Python’s ability to orchestrate complex applications using a human-friendly syntax makes it well-suited for writing blockchain programs. It’s object-oriented, generic, modular, and easy to learn. This makes it easier for junior developers to pick up existing codebases.

Not only does it allow DApps to consume third-party APIs, it is also great at developing smart contracts. It has many built-in libraries containing cryptographic algorithms such as Hashlib, PyNaCl, Crypto.

Hyperledger Fabric, Neo, and Steem are examples of blockchains that have added Python to their stacks to build DApps and blockchain as a blockchain service. web3.py for interacting with the Ethereum blockchain is a Python library that helps a developer connect his DApp to Ethereum-based contracts.

8. Viper

Vyper is a Pythonic, contract-oriented programming language for developing smart contracts on the Ethereum blockchain. Like Solidity, Vyper also compiles seamlessly into his Ethereum virtual machine.

Vyper’s syntax is closer to Python’s style, making it relatively easy for developers coming from Python to understand. Vyper is newer, but offers some features that are better than Solidity. Solidity can also help you create secure contracts, but Vyper makes it easier with built-in security enhancements.

For example, it gives you flexibility when calculating custom gas consumption. Its overload capability and infinite loop support improve overall gas function security.

programming logic wire blockchain

As with the traditional web, decentralized apps, autonomous organizations, and finances hold the crypto space together. No matter how complex these technologies are, they don’t just evolve autonomously. Some people operate in backdoors and fine-tune their operational logic in these programming languages.

If you want, it’s never too late to join the ranks of developers making crypto work for everyday users. You may want to know the benefits of becoming a blockchain developer.