Bitcoin development firm Blockstream has unveiled „Simplicity,” a programming language for smart contracts built on the layer-2 network Liquid.
Co-founded by cryptographer and early Bitcoin contributor Dr. Adam Back, Blockstream has introduced Simplicity with the aim of solving the limitations of Bitcoin as a venue for smart contracts.
„Simplicity gives Bitcoin expressive smart contracting power, but without the security problems associated with VM-based chains,” said Back in an emailed announcement on Thursday. „It’s built from the ground up to be formally specified, secure, and efficient.”
The push for Bitcoin-native programmability has gained momentum in recent years, especially since the introduction of BitVM in 2023, a framework that explored how complex computations could be verified on Bitcoin without altering the base protocol.
Simplicity’s origins in fact predate BitVM, having been conceptualized by Blockstream research Dr. Russell O’Connor in 2012. It is designed to enabl
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