Cryptocurrency is a buzzword that is escalating in terms of popularity over time. More and more people are looking at it as a means to diversify their investment portfolio. It also means that there are plenty of people looking to get involved in designing, developing, and using cryptocurrencies of their own. So what are the best programming languages for cryptocurrency?
If you are looking to build cryptocurrency-related software, several programming languages will allow you to do so. This guide will detail five of the best programming languages for cryptocurrency available right now. However, before proceeding to that, let’s first know what is a cryptocurrency.
What is a Cryptocurrency?
Since you’re here to know the best programming languages for cryptocurrency, we assume that you already know a thing or two about the digital asset. For starters, a cryptocurrency is a form of digital money that is native to the internet. In fact, you are even allowed to write your own software to mine, store, or even transfer cryptocurrency across the internet.
A cryptocurrency is also known as crypto. Today, there are hundreds of cryptocurrencies. Bitcoin, Ethereum, Binance Coin, Cardano, Dogecoin, Shiba Inu, Tether, and Polkadot are some of the most popular cryptos. Cryptocurrencies other than Bitcoin are called altcoins.
Although there are other options available, most cryptocurrencies are powered by blockchain technology. In the very near future, it will be possible to transfer crypto using something like a QR code.
Best Programming Languages for Cryptocurrency
Popular programming languages like Ruby, Java, C++, and C# can be used to develop cryptocurrency applications. However, you can find other dedicated languages for cryptocurrency development. For instance, Haxe is used to design both smart contracts and games. Here is the list of the top 5 languages you should consider for building cryptocurrency-related software:
1) C++
C++ is a high-level, multi-paradigm, and general-purpose object-oriented programming language. It has some strong security characteristics that make it an excellent choice for developing secure and performant applications. It’s used in the development of both mobile apps and desktop applications and has become the dominant high-level programming language for game development.
The language has been around since 1980 and has an extensible type system, an extensive standard library, and many industry-standard software libraries. The C++ programming language is designed for programmers who prefer procedural programming with pattern-based reasoning.
2) Java
The dominant programming language in the world today is Java. This is evident from the fact that over 35% of all the companies around the world use Java. Java finds use in many industries, from gaming and heavy machinery to finance and healthcare.
Java can be used to create complete applications that may run on a single computer or be distributed among servers and clients in a network. This means that Java is the ideal language for cryptocurrency developers.
So, if you are looking to get into the world of cryptocurrency app development, you should definitely know about Java. It becomes an ideal language for developing crypto apps because of its security capabilities and its focus on open-source technology.
If you are looking into entering into this industry, learning the Java language is a great option. You can find many beginner-level Java tutorials online that will guide you through setting up an environment for coding in Java.
3) Python
Python can be used by both developers and data analysts for building applications, manipulating data, creating websites, testing software, and developing automation scripts. In fact, it is one of the best programming languages for working with ML, and as such, many of the best machine learning libraries are written in Python.
It is also a good tool for developing cryptocurrency apps. Because of its versatility, convenience, and popularity among developers, there are many tools developed in Python to help programmers work with cryptocurrencies.
Python is easy to learn, fast to program in (thanks to its English-like syntax) and has many programming tools available. Plus, it flaunts support from a humungous community and the availability of tons of online learning resources. All these things make it one of the best programming languages for cryptocurrency.
4) Simplicity
The primary objective of the Simplicity programming language is to mitigate the problems by providing a programming environment where a developer can write faster and more efficient software.
Simplicity is specifically designed for writing cryptocurrency applications with the goal of being simple enough that even people without formal computer science training can understand it. The primary design goals of Simplicity are to:
- Achieve security comparable to compiled programming languages.
- Improve the security of transaction verification compared to scripting languages.
- Reduce the complexity of programs compared to typical smart contracts.
- Increase the efficiency of program execution compared to other languages.
Many blockchain projects implement Simplicity to get a secure and powerful system. This language has many advantages for the cryptosphere compared to other programming languages.
5) Solidity
When you want to create a cryptocurrency-related application, you might want to use a programming language that is easy to learn and simple to use. An ideal programming language to deploy a successful smart contract is the Solidity programming language.
Solidity is an easy-to-learn and powerful programming language that you can use to create your own blockchain-based applications. Because it’s so easy to learn, you’ll have no problem creating your cryptocurrency applications in Solidity. Also, because it has a small code base, you’ll be able to easily test and iterate your crypto application without any trouble.
Conclusion
That sums up the list of the 5 best programming languages for cryptocurrency. Although there are several other options available for designing cryptocurrencies and related software, these 5 are the top options available as of yet.
With the continuously expanding landscape of cryptocurrency, the demand for crypto apps is also on the rise. Hence, it is an opportune time to get started with cryptocurrency (blockchain technology) and explore the various opportunities that it offers.
Aditya is a seasoned JavaScript developer with extensive experience in MEAN stack development. He also has solid knowledge of various programming tools and technologies, including .NET and Java. His hobbies include reading comics, playing games, and camping.