Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
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
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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

How much CPO demand will Nvidia Rubin Ultra generate? Bernstein: Optical value per Pod will increase fivefold

Bernstein believes that the co-packaged optics (CPO) and fiber demand driven by Nvidia's Rubin Ultra architecture will surge significantly, with the optical content per Pod rising from $1 million to $5.4 million. This will propel the size of Nvidia's optical ecosystem market to $46.8 billion by 2028 (a 91% annual increase). Although the industry faces supply bottlenecks with InP substrates, the outlook remains positive. The institution reiterates its “outperform” rating for Lumentum, Coherent, and Ciena.

华尔街见闻•2026/11/11 08:47
How much CPO demand will Nvidia Rubin Ultra generate? Bernstein: Optical value per Pod will increase fivefold

UBS Q3 implements a two-way strategy with gold options, heavily invests in technology stocks, and builds positions in SK Hynix (SKHY.US)

UBS Group (UBS.US) has submitted its Q3 holdings report (13F) as of September 30, 2026.

智通财经•2026/11/11 08:22
UBS Q3 implements a two-way strategy with gold options, heavily invests in technology stocks, and builds positions in SK Hynix (SKHY.US)

SpaceX (SPCX.US) reportedly attempts “de-Nvidiaization” at the rack level: developing Kessel cabinets to bypass L6 compute boards, purchasing only chips

SemiAnalysis: SpaceX has developed its own Kessel cabinet, bypassing Nvidia's L6 cards to provide more options for manufacturing its own hardware.

智通财经•2026/11/11 08:20
SpaceX (SPCX.US) reportedly attempts “de-Nvidiaization” at the rack level: developing Kessel cabinets to bypass L6 compute boards, purchasing only chips

$3.7 billion “data center power equipment prepayments” abandoned! What did "the most active buyer of gas turbines", SoftBank, see?

In the second quarter of fiscal year 2026, SoftBank reported a net loss of $7.1 billion, primarily due to a $3.7 billion impairment charge from a $9.5 billion advance payment for power generation equipment for US data centers—of which about $2.9 billion was non-refundable and effectively lost. The CFO admitted that SoftBank placed orders before the project plan was finalized, and is now conducting a comprehensive review of its procurement strategy. "The most aggressive purchaser of gas turbines has now written off the deposit in this way."

华尔街见闻•2026/11/11 08:19