Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Blockstream enables smart contract programmability on Bitcoin via Simplicity on Liquid Network

Share This Post

Blockstream launched Simplicity on the Liquid Network, enabling smart contract programability on Bitcoin’s infrastructure.

According to a July 31 announcement, the idea was first proposed in 2017 by researcher Russell O’Connor. Simplicity was designed as a clean-slate smart contract language that is more expressive than Bitcoin Script yet tighter and safer than general-purpose platforms.

With this launch, developers gain a new venue to build financial applications on Bitcoin’s rails.

The announcement noted that Simplicity differs from languages like Solidity or Rust, as it is not Turing-complete. 

Programs describe finite functions, exclude unbounded loops, and avoid global mutable state. Those constraints are deliberate, aiming to enable static analysis so every execution path and fee cost can be known in advance, support formal verification, and favor compact programs that can be accelerated with implementation “jets.” 

The objective is predictable behavior for contracts that secure real value, rather than open-ended computation that invites hidden edge cases.

The feature arrives on Liquid in an alpha phase, which Blockstream frames as a pragmatic stepping stone to a wider rollout.

The announcement stated that demand for Bitcoin programmability is rising with broader adoption, and Liquid aims to provide a production environment to ship audited, high-assurance contracts.

High-level language

The firm also said that Simplicity can power covenants, vaults, and delegation schemes for enterprise controls. As a result, it enables market primitives such as cash-settled derivatives, pooled wallets, and even exchange logic that avoids platform tokens.

Since raw Simplicity is intentionally low-level, Blockstream is shipping a Rust-like high-level language, rebranded from Simfony to SimplicityHL, so developers can write readable contracts that compile down to the formally specified core.

Additionally, the roadmap highlighted that the next primary goal is activation on a Bitcoin test network, keeping experimentation off mainnet while steering the ecosystem toward verifiable, resource-bounded smart contracts.

The post Blockstream enables smart contract programmability on Bitcoin via Simplicity on Liquid Network appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Analyst Sounds The Alarm—Bitcoin Could Slide Toward $88K

Bitcoin’s recovery attempt is drawing attention after a week of steady losses, with one market watcher warning of a deeper fall if the coin fails to push past the $120,000 region Related Reading:

Will ZKWASM Price Rally Sustain After 20% Intraday Surge?

The post Will ZKWASM Price Rally Sustain After 20% Intraday Surge appeared first on Coinpedia Fintech News The ZKWASM price has recently caught investors’ attention after a sharp 20% rally within

Pi Network News: Struggling at $0.36, Can Pi Coin Prove Critics Wrong?

The post Pi Network News: Struggling at $036, Can Pi Coin Prove Critics Wrong appeared first on Coinpedia Fintech News Pi Coin is now trading at $03615, close to its all-time low of $033 Many

Bitcoin Supply Crisis Looms? Only 21M Ever to Exist, Michael Saylor Reminds

The post Bitcoin Supply Crisis Looms Only 21M Ever to Exist, Michael Saylor Reminds appeared first on Coinpedia Fintech News Michael Saylor, the outspoken Bitcoin enthusiast and cofounder of

Reborn Coffee to Accept Crypto in 2025

The post Reborn Coffee to Accept Crypto in 2025 appeared first on Coinpedia Fintech News Reborn Coffee revealed its plan to introduce cryptocurrency payments at select Southern California locations

Bitcoin Slips as ‘Sendtember’ Sets the Stage for ‘Uptober’ Rally

The post Bitcoin Slips as ‘Sendtember’ Sets the Stage for ‘Uptober’ Rally appeared first on Coinpedia Fintech News Bitcoin’s recent price swings have caught the market’s attention as it