
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).
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 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.
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.
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.
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.
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.
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.
In part two of his "Tiny payments are a big deal" video series, Isaac Morehouse discussed how tiny payments could change the world, the original promise of Bitcoin, and more.
Smart Contracts on Bitcoin are more powerful and versatile than previously thought. However, it can't support new features once deployed, and supported features must be included in the token contract.
sCrypt proposes a novel approach called "Pay to Contract Hash (P2CH)" to address the two limitations of smart contracts on Bitcoin simultaneously.
Smart-business as a new paradigm encompasses all aspects of business, including relationships, organizations, structures, contracts, transactions, and records.
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.