
Integrate Ordinals with smart contracts on Bitcoin: Part 4
In this article, sCrypt demonstrates how to control the distribution and issuance of BSV-20 tokens after minting such tokens.
In this article, sCrypt demonstrates how to control the distribution and issuance of BSV-20 tokens after minting such tokens.
In this article, sCrypt shows how to integrate Bitcoin smart contracts with Ordinals with the fungible version, i.e., BSV-20 tokens.
To showcase ways to integrate ordinals with smart contracts, sCrypt developed a system that enables the on-chain auctioning of an ordinal—guaranteeing the auctioneer will receive the highest bid.
sCrypt shows how to add smart contract capabilities to Ordinals, noting that Ordinals are compatible with smart contracts and perfectly suited for it.
Due to the advent of blockchain technology, sealed auctions can now be implemented on-chain, offering a number of advantages over traditional auctions.
For sCrypt's Xiaohui Liu, Dr. Craig Wright, and Jack Rogers, the sCrypt Hackathon was a resounding success and one that "exceeded" their expectations, and three applications are here to prove that.
Since the Hodlocker launch, 360 BSV has been locked following its initial reset despite the clunky user experience and temporary cap of 21 BSV locked per post.
Creating unique domain names is now easy with the release of the OP_NS protocol, allowing users to mine in their web browser, list the sale on the global order book, or send it to another wallet.
Just as higher-level programming languages like Python and Java made programming more accessible, building on Bitcoin will become easier in time, according to Dr. Craig Wright.
sCrypt demonstrates the exchange of coins between two blockchains by using a smart contract called Hash Time-Locked Contract and how it can be used to serve as a basis for non-custodial exchanges.
Henceforth founder Henry Hudson, one of the attendees at the sCrypt hackathon at the University of Exeter, says sCrypt applications prove how powerful Bitcoin is.
Todd Price, who joined the sCrypt hackathon at the University of Exeter as one of the mentors for the students, says the BSV Blockchain Association is committed to education.