Name: Bitcoin OG UNCOVERS Solution for Bitcoin’s BIGGEST Problem | Andrew Poelstra
Uploaded: 2025-08-23T01:59:22+00:00
Duration: 1 h 18 min 15 s
Description: Andrew Poelstra returns to discuss Blockstream's historic achievement of launching Simplicity on Liquid's mainnet after nearly a decade of development. Simplicity represents a revolutionary approach t

3 months ago

141

Podcasts

Andrew Poelstra returns to discuss Blockstream's historic achievement of launching Simplicity on Liquid's mainnet after nearly a decade of development. Simplicity represents a revolutionary approach to Bitcoin smart contracts, offering formal safety guarantees and arbitrary computational expressiveness while maintaining Bitcoin's core principles of predictable fees and decentralization. Unlike Ethereum's problematic trade-offs, Simplicity enables covenants, vaults, zero-knowledge proof verification, and advanced financial primitives without sacrificing security or creating denial-of-service vectors. Andrew explains how Simplicity HL provides developers with a Rust-like programming experience that compiles down to the mathematically provable Simplicity language, opening new possibilities for DLCs, delegation, and programmable Bitcoin transactions.

STACK SATS hat: https://tftcmerch.io/
Our newsletter: https://www.tftc.io/bitcoin-brief/
TFTC Elite (Ad-free & Discord): https://www.tftc.io/#/portal/signup/
Discord: https://discord.gg/VJ2dABShBz
Opportunity Cost Extension: https://www.opportunitycost.app/

Blockstream: https://blockstream.com/careers/

Simplicity: https://simplicity-lang.org/

0:00 - Intro
0:11 - "Brief” rundown of simplicity
16:13 - Bitkey & Opportunity Cost
17:51 - Smart contracts on bitcoin vs Etheruem
30:18 - Unchained
30:44 - Why liquid first
51:04 - Dev tools
57:51 - Road to simplicity on bitcoin
1:03:34 - Economic concerns
1:12:15 - Oracle problems and final thoughts