Atomic swap between Bitcoin and Ordinals
Ordinals can be combined with Bitcoin smart contracts, and to demonstrate the power and flexibility of combining them, sCrypt locks up an ordinal into an HTLC and atomically swaps it with bitcoins.
Ordinals can be combined with Bitcoin smart contracts, and to demonstrate the power and flexibility of combining them, sCrypt locks up an ordinal into an HTLC and atomically swaps it with bitcoins.
In this article, sCrypt explores how blockchain technology can be used to implement such a financial instrument and discuss the potential benefits of using blockchain for this purpose.
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.