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There is a trajectory in Bitcoin history that the market still underestimates.
Not a marketing trajectory.
An architecture trajectory.
Before Bitcoin, Adam Back proposed Hashcash: a simple, almost dry idea, but an extremely powerful one.
Create a real cost for the producer.
Keep verification trivial for the network.
That asymmetry later became one of Bitcoin’s core ideas: a proof that is hard to produce, but easy to verify. Satoshi obviously did not build Bitcoin from one single idea. Bitcoin was a synthesis of decades of cypherpunk research: digital signatures, timestamping, peer-to-peer networks, economic incentives, difficulty adjustment, and proof-of-work.
But the whitepaper cites Hashcash because that primitive matters.
And this is where the trajectory becomes interesting.
Years later, Blockstream did not try to "turn Bitcoin into Ethereum". They approached the problem from the right direction: how do you extend Bitcoin without betraying what makes Bitcoin robust?
Most "Bitcoin L2" narratives start from frustration:
"Why doesn’t Bitcoin do what Ethereum does?"
Blockstream’s strategy seems to start from a different question:
"How do we build more capabilities around Bitcoin while preserving the Bitcoin mental model?"
UTXOs.
Settlement.
Verification.
Explicit constraints.
Contained complexity.
Caution around L1.
That is exactly what Liquid represents.
Liquid is not just another L2. It is a Bitcoin-native sidechain, UTXO base, live since 2018, designed to test and mature advanced financial primitives: L-BTC, Issued Assets, Confidential Transactions, faster settlement, and experimentation around a Bitcoin-like model.
And yes, Liquid has an important trade-off it is a federated sidechain. It is not Bitcoin L1. It does not have the same security model. But that trade-off is explicit, and that is exactly what makes the approach more honest than many "trustless" narratives sold with three slides and a multisig.
The strategic move is this:
Do not break Bitcoin to make Bitcoin more expressive.
Build an environment compatible with its DNA.
Test primitives on a suitable layer.
Let the best ideas mature before pretending they deserve L1.
Then comes Simplicity.
And at that point, the coherence becomes hard to ignore.
Simplicity is not "Solidity on Bitcoin". It is almost the cultural opposite.
Not an opaque VM.
Not a global-state casino.
Not a deploy, execute, pray, patch, governance vote, post-mortem environment.
Simplicity starts from another model: bounded contracts, inspectable logic, formal reasoning, compatibility with the UTXO spirit, and advanced programmability without abandoning verifiability.
It is closer to:
understand before execution,
inspect before signing,
verify before trusting.
And now you can see a rare line across multiple decades:
Hashcash: costly to produce, cheap to verify.
Bitcoin: costly to attack, cheap to validate.
Liquid: experiment without weakening L1.
Simplicity: program without sacrificing inspectability.
Same obsession, multiple layers.
Reduce trust.
Force proof.
Contain complexity.
Keep the architecture clean.
Never sacrifice verification for spectacle.
That is why Simplicity is much more interesting than another narrative.
Because this is not Bitcoin chasing Ethereum.
This is Bitcoin searching for its own path to programmability: stricter, less sexy to the market, but far more coherent with its DNA.
The market usually asks the wrong questions:
"Is there a token?"
"Is there an airdrop?"
"Is it EVM compatible?"
"When pump?”
But the real Bitcoin questions are colder:
Is it verifiable?
Are the trust assumptions explicit?
Is the complexity contained?
Does it respect the UTXO model?
Does it make Bitcoin more powerful without making it less Bitcoin?
That is where the vision becomes strong.
Blockstream did not try to make Bitcoin "cooler" by copying Ethereum. They built like people who actually respect Bitcoin: slowly, cleanly, keeping the UTXO mental model, testing primitives in a suitable environment, and letting research move forward without forcing consensus.
If Simplicity ever influences Bitcoin more directly, Liquid will have been much more than a sidechain.
It may become the production lab where Bitcoin-native programmability was incubated without selling the soul of L1.
And when you look at the path
Adam Back → Hashcash → Bitcoin → Blockstream → Liquid → Simplicity, this is not a random sequence of isolated projects.
It is a long-term vision.
The same intuition repeated in different forms:
do not ask for trust when you can build a proof.
Don’t trust. Verify.
It is not just a maxi phrase.
It is a design constraint.
And the only real compass for making Bitcoin programmable without turning it into something else.
🤖 Made with AI
₿ One block closer to $1M. Tick tock 🌻
Blockstream_intern retweeted
Patience gives you time. Learning and execution turn that time into an advantage
Blockstream_intern retweeted
Replying to @UTXO_Punk @liujackc
Making asset-state definitions and verification assumptions explicit is useful when evaluating programmable positions on Bitcoin L1.
Blockstream_intern retweeted
Funny timing 😁
We’ve been working on exactly this question 🦾
What happens when Bitcoin assets stop being passive objects and become programmable economic positions ? 🟧🧪🌻
Season 2 is making them actually do things.
Programmable positions, programmable rights, programmable markets.
Bitcoin L1 as the settlement layer.
Turns out the design space gets very large, very fast.
That’s the rabbit hole we’re building. 👨💻🕳️🐇
9.23 饼子热点信息整理
1⃣:比特币下一步用途
华尔街赌徒社区 @WallStreetBets 发文提问,比特币经历 Ordinals、Runes 和 L2 后,下一个真正能推动机构从“只持有”转向实际使用的应用会是什么。(如果有,就是下一波最大的叙事) xitter.cf/wallstreetbets/status/…
2⃣:UniHexa 首周奖励细节公布
UniSat 钱包 @unisat_wallet 表示,UniHexa 首周任务已开启,符合条件的早期活跃地址每个可得 150 FB,每天只有 30 个名额,先到先得;后续还会放白名单。(晚点 CG哥 给家人们抽点白) xitter.cf/unisat_wallet/status/2…
3⃣:Satflow上线交易新功能
铭/符文交易市场 @satflow 上线新功能,新增集合竞价展示、钱包头像和昵称自定义、带持有者标签的聊天框,以及一键将钱包余额用于多个特征竞价,进一步加强比特币 NFT 的交易和社区互动。 xitter.cf/satflow/status/2102446…
4⃣:FomoPeek 恶意版本再确认
OKX Wallet 警告,FomoPeek 1.1 和 1.2 含恶意模块,可能逃逸 iOS 沙盒读取私钥、助记词和 Keychain;装过的别只卸载,换干净设备重建钱包并转走资产。 xitter.cf/wallet/status/21022520…
5⃣:UniHexa 解释链上订单簿架构
UniSat 创始人 @lorenzonical 表示,UniHexa 采用集中撮合、批量聚合,但每笔结算和资金流向最终都能在比特币主网上验证;相比传统 PSBT 市场,吞吐量更高、费用更低,并计划接入更多协议资产和原生 USDT。(铭交所雏形)
xitter.cf/lorenzonical/status/21…
6⃣:SUBFROST 官推恢复
Alkanes 协议官方 SUBFROST 平台账号被举报封禁后现已开放新黄标账号 @subfrostp2p,后续官方信息以该账号公告 ,同时协议正在接受 Halborn 安全审计。(经历 7.2 事件后,审计这块还是要看最终报告) xitter.cf/subfrostp2p/status/210…
───
就这些吧~
铭交所开始运营起来了,看看这次 UniSat 能交出什么样的试卷了
#Bitcoin #Ordinals #Runes #BRC20 #Alkanes
Blockstream_intern retweeted
Season 1 made Bitcoin assets visible.
Season 2 makes them programmable.
Ordinals, BRC-20, Runes, Wallets, Markets.
We have all the LEGO.
Now let’s build with it 🧪 🟧
Blockstream_intern retweeted
Replying to @vainxyz
The first programmable collection on Bitcoin
Put BTC inside the asset, earn rewards, price future rights before TGE, Trade the whole position.
One market. Endless programmable economies.
All priced, all tradable, all on Bitcoin🌻
All in Bitcoin 🧪🟧






















