Pros, Cons And Possibilities For Bitcoin Discreet Log Contracts

Pros, Cons And Possibilities For Bitcoin Discreet Log Contracts



Hear To This Episode:

On this episode of “Bitcoin, Defined,” hosts Aaron van Wirdum and Sjors Provoost had been joined by resident sidechain and Layer 2 professional Ruben Somsen, as soon as once more, this time to debate Discreet Log Contracts (DLCs). 

DLCs are a sort of sensible contracts for Bitcoin, first proposed by Lightning Community white paper co-author Tadge Dryja. In essence, DLCs are a strategy to carry out bets — however which means they’ll in the end be leveraged for all kinds of monetary devices, together with futures markets, insurances and stablecoins. 

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