Pay to Contract Hash
sCrypt proposes a novel approach called "Pay to Contract Hash (P2CH)" to address the two limitations of smart contracts on Bitcoin simultaneously.
sCrypt proposes a novel approach called "Pay to Contract Hash (P2CH)" to address the two limitations of smart contracts on Bitcoin simultaneously.
In the third part of this series, sCrypt explains how to build a Uniswap-like exchange on Bitcoin, allowing users to pool tokens/bitcoins into smart contracts and provide liquidity to the exchange.
In the second part of this series on why it's more advantageous to run DeFi on Bitcoin, Xiaohui Liu illustrated how to build non-fungible tokens (NFT) and sell them directly on Bitcoin.
In the first part of this series on why it's more advantageous to run DeFi on Bitcoin, sCrypt demonstrates how to implement fungible tokens and swap them atomically.
sCrypt's Xiaohui Liu showed how to use smart contracts to slash cheating Sensible oracles, which is applicable to any oracle where evidence of fraud can be verified in a smart contract.
Despite memes to the contrary, Bitcoin is not a hedge against inflation. In fact, the more that it is treated primarily as a store of value by the economy, the more correlated to inflation that it will become.
Job postings related to Bitcoin, blockchain, and other related roles saw the highest surge in 2021 as over $30 billion flowed into the sector, according to LinkedIn.
Block head Jack Dorsey’s new legal fund for BTC developers who refuse to honor their fiduciary obligations will push the corrupted Bitcoin protocol even further down the road to anarchic illegality.
sCrypt demonstrates the usage of OP_CODESEPARATOR, such as optimizing preimage size in OP_PUSH_TX and other uses like in-script functions and signing different execution paths.
The proposal was submitted to the Bitcoin developer mailing list by Dorsey, Alex Morcos of Chaincode Labs and blockchain academic Professor Martin White, apparently the Fund’s three board members.
Since that first transaction, Bitcoin has grown from strength to strength, overcoming every challenge along the way, and they have been many.
The peer-to-peer electronic cash system envisioned by Satoshi Nakamoto has been fully restored, and what a year it has been for the original Bitcoin.