Latest smart contract News

Bitcoin on circuit board
Tech 11 April 2022

Taproot on Bitcoin: Contractless Contract + MAST

In this article, sCrypt showed how to implement Taproot using the original Bitcoin protocol without any changes, by combining contractless contract and Merklized Alternative Script Tree (MAST).

Bitcoin and money
Tech 10 April 2022

Zero-overhead private timestamping in Bitcoin

Bitcoin has a lot of potential uses far beyond payments, and each block has a cryptographically secured timestamp which can be particularly useful for time-sensitive data.

Private & public keys made of circuits
Tech 6 April 2022

Pay to decrypt

sCrypt designed a smart contract called “Pay to Decrypt” that makes the exchange atomic and trustless, ensuring only a correct plaintext can redeem the locked fund.

Digital currency, formulas, and symbols
Tech 5 April 2022

Elliptic curve arithmetic in Script

sCrypt has implemented elliptic curve arithmetic in Script, where they compute it directly compared to the previous implementation where they conducted the computation off chain.

Delegation-in-Bitcoin-Part-2-min
Tech 4 April 2022

Delegation in Bitcoin: Part 2

In the second part of this two-part piece, sCrypt introduces a universal yet straightforward delegation mechanism, an alternative to the script-level delegation they have developed.

Businessman passing baton.
Tech 2 April 2022

Delegation in Bitcoin

In this two-part piece, sCrypt demonstrates a novel way to allow users to spend their UTXO/coins without giving another party their private key.

Glossy Mesh 2D Ponzi Pyramid Scheme
Tech 28 March 2022

Smart contract-based pyramid scheme on bitcoin

A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products.

pay-to-contract-hash-min
Tech 17 February 2022

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.

Men in suit working on a graphic hologram
Editorial 16 February 2022

The smart-business paradigm

Smart-business as a new paradigm encompasses all aspects of business, including relationships, organizations, structures, contracts, transactions, and records.

electronic microchip
Tech 15 February 2022

DeFi on Bitcoin Part 3: Uniswap

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.

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