Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Blockstream enables smart contract programmability on Bitcoin via Simplicity on Liquid Network

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

CryptoSlateCryptoSlate2025/07/31 11:15
By:Gino Matos

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.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

ECB says no need for more rate cuts now as inflation hits 2% target

Share link:In this post: The ECB has paused rate cuts after inflation hit the 2% target. Olli Rehn said there’s no need for more cuts unless new risks appear. Joachim Nagel believes policy should stay unchanged unless conditions shift.

Cryptopolitan2025/08/23 17:50

Databricks buys Sequoia’s Tecton in push to dominate enterprise AI tools

Share link:In this post: Databricks is acquiring Tecton to boost its real-time AI agent tools. Tecton was last valued at $900M and has around 90 employees. The deal follows Databricks’ $100B valuation term sheet signed this week.

Cryptopolitan2025/08/23 17:50
Databricks buys Sequoia’s Tecton in push to dominate enterprise AI tools

Vitalik Buterin’s FOCIL proposal reignites censorship debate among Ethereum leaders

Share link:In this post: Vitalik Buterin argues FOCIL will make Ethereum more neutral and censorship-resistant. However, Reflexer Labs warns that FOCIL could be a big problem for Ethereum as the current system is still working. Debate on censorship resistance continues with crypto attorney Gabriel Shapiro saying FOCIL might be worth the risk.

Cryptopolitan2025/08/23 17:50
Vitalik Buterin’s FOCIL proposal reignites censorship debate among Ethereum leaders

Trump’s $9B investment won’t fix Intel’s real problem

Share link:In this post: The U.S. government, under Trump, will invest $8.9 billion for a 9.9% stake in Intel, aiming to boost domestic chip production and make the government Intel’s largest shareholder. Despite the funding, analysts warn Intel’s contract chipmaking (14A and 18A processes) won’t be viable without major external clients and improved manufacturing yields. The deal, which includes discounted shares and no board seat, reflects a rare federal intervention in corporate ownership.

Cryptopolitan2025/08/23 17:50
Trump’s $9B investment won’t fix Intel’s real problem