Blockstream launches Simplicity smart contract language on Bitcoin L2 Liquid Network

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Quick Take
- Blockchain infrastructure developer Blockstream launched the Simplicity smart contract language on the Liquid Network, a Bitcoin Layer 2.
- Potential use cases include programmable vaults and Bitcoin-native smart banks.
- The Liquid Network claims over $3 billion in total value locked (TVL).
The smart contract language deliberately excludes features such as recursion and unbounded loops to prevent common vulnerabilities.
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