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

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

According to a Thursday announcement shared with Cointelegraph, Simplicity smart contracts will be integrated into Liquid. The company said the move marks a step forward in transforming Bitcoin (BTC) from a secure store of value into a programmable foundation for decentralized finance.

The company also introduced SimplicityHL, a higher-level implementation of the language that facilitates easier development with increased abstraction.

A Blockstream representative told Cointelegraph that this version of the language “is here and usable today,” with a web-based integrated development environment also available.

A different approach for a different architecture

Simplicity differs from Ethereum’s Solidity language, largely due to the different underlying architectures of the two blockchains.

Related: StarkWare researchers propose smart contracts for Bitcoin with ColliderVM

This stems from different approaches and different architectures of the Ethereum and Bitcoin networks, with Solidity developed for the Ethereum Virtual Machine. State is the network’s agreed-upon snapshot of all account balances and stored data at a given block.