Latest smart contracts News

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.

Concept of private key in digital technology
Tech 23 March 2022

Private key puzzles

sCrypt introduces a new type of Bitcoin smart contract called private key puzzles, which can only be solved by providing the corresponding private key of a given public key.

Top view of on wooden cubes with words fake and fact
Tech 16 March 2022

A deep dive into Lopp’s ‘On BSV scalability’

In this piece, sCrypt’s Xiaohui Liu investigates the claims made by BTC evangelist Jameson Lopp in his recent article, focusing on technical and objective arguments, instead of philosophical differences.

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.