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S16 E37: Andrew Poelstra on Simplicity, Bitcoin Smart Contracts & Upgrades

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Manage episode 498731033 series 2537320
Content provided by Vlad Costea. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Vlad Costea or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Simplicity, a scripting language so simple that it can fit on a t-shirt, has finally launched on Liquid after a decade of development. Andrew Poelstra, who works as director of research at Blockstream, explains how it works & why it's good for Bitcoin. Time stamps: (00:00:50) Introducing Andrew Poelstra (00:01:45) Simplicity: Now Live on Liquid (00:02:12) Elements and Liquid’s Technical Evolution (00:03:09) Is Simplicity a Response to Solidity? (00:05:40) Simplicity’s Programming Model & Rust Inspiration (00:08:04) Demo Applications and Simplicity Playground (00:10:03) Why Not Stick with Bitcoin Script? (00:11:48) Bitcoin Script’s Limitations and Quirks (00:19:14) Simplicity’s Capabilities: Computation & Covenants (00:22:26) Formal Verification and Multi-Language Implementations (00:25:21) Machine-Checkable Proofs and Contract Safety (00:29:07) Covenants, OP_CAT, and Script Extension Fears (00:33:26) Simplicity as a Future Script Extension Path (00:34:31) Ethereum’s Design Mistakes & Simplicity’s Approach (00:53:00) Simplicity’s Lateness and Ethereum’s Rise (01:01:12) Simplicity’s Usability and Adoption Challenges (01:04:18) Potential Use Cases for Simplicity: Vaults, Business Logic, Quantum Signatures (01:08:06) Wallets and Simplicity Integration (01:16:30) Simplicity vs. Soft Forks for New Opcodes (01:19:01) Jets: Optimizing Simplicity with Native Code (01:22:44) Collider Script and High-Cost Emulation (01:24:44) Resource Limits and Transaction Size (01:29:34) Non-Scammy, Technologically Interesting Altcoins: Monero, Zcash, Grin, and Sia (01:33:14) Where to Learn More About Simplicity
  continue reading

297 episodes

Artwork
iconShare
 
Manage episode 498731033 series 2537320
Content provided by Vlad Costea. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Vlad Costea or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Simplicity, a scripting language so simple that it can fit on a t-shirt, has finally launched on Liquid after a decade of development. Andrew Poelstra, who works as director of research at Blockstream, explains how it works & why it's good for Bitcoin. Time stamps: (00:00:50) Introducing Andrew Poelstra (00:01:45) Simplicity: Now Live on Liquid (00:02:12) Elements and Liquid’s Technical Evolution (00:03:09) Is Simplicity a Response to Solidity? (00:05:40) Simplicity’s Programming Model & Rust Inspiration (00:08:04) Demo Applications and Simplicity Playground (00:10:03) Why Not Stick with Bitcoin Script? (00:11:48) Bitcoin Script’s Limitations and Quirks (00:19:14) Simplicity’s Capabilities: Computation & Covenants (00:22:26) Formal Verification and Multi-Language Implementations (00:25:21) Machine-Checkable Proofs and Contract Safety (00:29:07) Covenants, OP_CAT, and Script Extension Fears (00:33:26) Simplicity as a Future Script Extension Path (00:34:31) Ethereum’s Design Mistakes & Simplicity’s Approach (00:53:00) Simplicity’s Lateness and Ethereum’s Rise (01:01:12) Simplicity’s Usability and Adoption Challenges (01:04:18) Potential Use Cases for Simplicity: Vaults, Business Logic, Quantum Signatures (01:08:06) Wallets and Simplicity Integration (01:16:30) Simplicity vs. Soft Forks for New Opcodes (01:19:01) Jets: Optimizing Simplicity with Native Code (01:22:44) Collider Script and High-Cost Emulation (01:24:44) Resource Limits and Transaction Size (01:29:34) Non-Scammy, Technologically Interesting Altcoins: Monero, Zcash, Grin, and Sia (01:33:14) Where to Learn More About Simplicity
  continue reading

297 episodes

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