Simplicity Blockchain Language Will Give Bitcoin’s Script Smart Contract Capabilities
A research that was conducted found that distributed ledgers pose some challenges; thus, this makes the traditional programming languages to be a little unfit, this is from Blockstream on the Simplicity. Simplicity has been designed as a blockchain application language.
What is a little bit more interesting is that the script language in Bitcoin has been limited in certain combinations of the signature checks, time locks, and hashlocks. Not forgetting the second layer solutions, like the Lighting Network, are built on the primitive thus they lack the needed expressiveness for handling the complicated smart contracts.
It Has A Lot To Offer
Some research was conducted and found that Simplicity is more than capable of proving the necessary flexibility for most of the complications that you could see in the industry. While still able to allow the various users the ability to quickly verify the current security, the safety of the contracts and the overall costs.
The simplicity has been designed with a low-level programing language, one that is still able to solve some of the previous tradeoffs that take place between the reliability and the expressiveness.
At the moment with the developers in the market, they are able to either build a complex, unreliable smart contract; in this case think of The DAO, or they could go the other route and build one that is very basic but reliable to the users. This is where Simplicity comes into play, as it is able to create a complicated contract that is still reliable at the end of the day.
More On Simplicity
Simplicity has been considered to be the answer to several problems that are faced in the market, especially when trying to code the sophisticated smart contracts into the blockchain technology. Before the development of simplicity, the programming languages in the market would make a tradeoff between the reliability and the expressiveness making the work of the developer to be a little tricky.
Simplicity was developed to make it compatible with the Blocksteam Elements Platform. What this all means is that the developers who are building independent blockchains or just sidechains on the elements platform will be able to take full advantage of the features that have been enabled by simplicity.
What Exactly Is Simplicity?
It has been designed as a low-level programing language plus a machine model that can be used on the blockchain based smart contracts. It is a program that has been designed from the ground up to ensure that it has all the simple semantics that will be able to lend themselves to further analysis and reasoning by the formal methods.
The language that is used in Simplicity has been defined by the implementation that takes place in the Coq proof assistant. Not forgetting they ensured that the core language had been designed to be simple. But it is important to note that the simplicity of the language used in programming does not translate to the simplicity of its development.
What New Features Does This Offer Users?
The company has been working on moving from the experimental type of language used in the market to a more formal language specification. Thus, they have been able to implement the Simplicity language with favorable features like having some denotational semantics that is of the full simplicity language.
This is including the language extension that is able to support witness data, delegation, and the assertions. There is also a modular approach that has been included into the Simplicity language, one that is able to easily allow you to ignore the effects that exist in the language extensions at the time you are not using them.
The simplicity software is still ongoing and being polished up to ensure the best is offered to the market. However, the company has reached the point where developers are able to explore the simplicity language very easily, thus, it is about time that this software is moved to the open for more to explore it.