Published On: Mon, Nov 27th, 2017

Scriptless Scripts: How Bitcoin Can Support Smart Contracts Without Smart Contracts

Share This

Bitcoin’s capacity is limited. Meanwhile, smart contracts can be resource intensive. So even though Bitcoin has always supported basic smart contract functionality, the two have never been a natural match.But a recent topic of research spearheaded by Blockstream mathematician Andrew Poelstra could help fix this. Recently presented as key part of his presentation at Scaling Bitcoin Stanford, “Scriptless Scripts” have the potential to completely move certain smart contracts off of Bitcoin’s blockchain — while still leveraging all of Bitcoin’s security.Bitcoin and Smart ContractsSmart contracts, first proposed by digital currency veteran …

Read more –> CLICK HERE all content is copyright Bitcoin Magazine.

Need Bitcoin marketing and PR? Get your own professional Bitcoin or cryptocurrency press release CLICK HERE..

Powered by ABITCO.IN

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Most Popular Posts

ALL Bitcoin News

Like what you’re reading?

Never miss any breaking Bitcoin news by following us on Facebook and Twitter!