<ul><li>Smart contracts are small pieces of code that run automatically on the blockchain when certain conditions are met, making transactions immutable, transparent, and decentralized.</li><li>Solidity is a special language used to write smart contracts for Ethereum-based networks, unlike traditional programs that cannot be coded in languages like Python.</li><li>The basic 'Hello World' program in Solidity consists of a contract named HelloWorld with a message that initializes to 'Hello, World!' and can be updated through a public function.</li><li>By deploying and running the given code in Remix IDE, individuals can create and interact with their first smart contract on a network, showcasing the power and simplicity of Solidity development.</li></ul>

Writing Your First Smart Contract in Solidity (Hello World)

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