"DLCs are uniquely positioned to bring smart contracting to Bitcoin using oracle contracts that are much more private and scalable than previously thought possible." - Ben Carman
Ben Carman, a developer with the awesome team at SuredBits, drops a BitcoinMagazine article today laying out Discreet Log Contracts and how they can be an exciting new addition to the functionality and power of the Bitcoin system. Privacy, cost savings, and non participating oracles to real world events; DLCs bring a new layer to both decentralizing markets on Bitcoin & the Lightning network. Listen to today's episode to find out more!
Check out the SuredBits blog for tons of awesome work about DLCs and so many other great technologies being built on Bitcoin:
https://suredbits.com/category/discreet-log-contracts/
Find the original article and tons of other great works at BitcoinMagazine below. Stay up on new events and learn tons about Bitcoin!
https://bitcoinmagazine.com/articles/dlcs-are-on-bitcoin-bringing-new-functionality-and-major-potential
A thanks to today's sponsor Hexa Wallet and the killer wallet they are building! Seedless backups, built in batching, multisig savings, & more! Hit me up if you want to be one of my contacts!
http://hexawallet.io/
Lastly a big thanks to the LTBNetwork for sharing this out with their amazing audience! Check out the other awesome shows at LetsTalkBitcoin.com
Many people make the serious miscalculation, that if the CPI isn't too high, then printing money isn't a problem and doesn't really cost them...
The models, the tools, the implementations, everything is moving incredibly fast. But a very interesting trend that I've been seeing, is that the open...
"The consensus is what matters. The breakthrough of proof-of-work and the difficulty adjustment is far more about harnessing energy and existing communications infrastructure to ...