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Simplicity Debuts as Bitcoin’s Reply to Ethereum’s Solidity

Blockstream, the developer of Bitcoin’s layer-2 protocol Liquid and led by Bitcoin cypherpunk Adam Again, has launched Simplicity, a brand new good contract language designed for Bitcoin.

In keeping with a Thursday announcement shared with Cointelegraph, Simplicity good contracts might be built-in into Liquid. The corporate mentioned the transfer marks a step ahead in reworking Bitcoin (BTC) from a safe retailer of worth right into a programmable basis for decentralized finance.

The corporate additionally launched SimplicityHL, a higher-level implementation of the language that facilitates simpler growth with elevated abstraction.

A Blockstream consultant informed Cointelegraph that this model of the language “is right here and usable right this moment,” with a web-based built-in growth setting additionally out there.

A unique strategy for a unique structure

Simplicity differs from Ethereum’s Solidity language, largely because of the completely different underlying architectures of the 2 blockchains.

Associated: StarkWare researchers suggest good contracts for Bitcoin with ColliderVM

This stems from completely different approaches and completely different architectures of the Ethereum and Bitcoin networks, with Solidity developed for the Ethereum Digital Machine. State is the community’s agreed-upon snapshot of all account balances and saved information at a given block.