CryptoNewsZ
2023-07-19 09:46:34

Exploring Discrete Log Contracts (DLCs) and their impact on Bitcoin

DLC, or Discrete Log Contract, is a Bitcoin smart contract that uses oracles to make trustless transactions. They were introduced in 2017 as a theoretical idea and have been on the Bitcoin network since 2020. DLC functionality substantially improved in 2021 when the network activated its Taproot upgrade. To determine the outcome of any bet, …

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