Schnorr Applications: Scriptless Scripts
In this post we continue our survey of Schnorr-enabled schemes and their applications to Bitcoin by exploring the exciting world of Scriptless Scripts which are enabled by a signature scheme called Adaptor Signatures. I will note that while it is …
Discreet Log Contracts in VR!
This weekend Ben gave a talk at Reckless VR about the Basics of DLCs. He talked about a wide range of topics related to DLCs from the oracle problem, to how DLCs work, and even about what it takes to …
Transferring Discreet Log Contracts
We’ve been discussing Discreet Log Contracts (DLCs) and their implementation a lot in our last couple posts and this week I’d like to take a step back and discuss some new theoretical discoveries regarding DLCs that we’ve made about transferring …
End-to-end DLC Client Demo
As work on DLCs continues, we have another demo to show you guys. This is an improvement on our original DLC wallet demo because it now has an integrated way to call upon our Suredbits APIs to be able to …
Punishing Cheating DLC Oracles (Demo)
As our work implementing Discreet Log Contracts (DLCs) continues, we slowly get to see all of their fancy features programmatically brought to life (and even the occasional UI) from their white paper homes. Today I would like to discuss and …
Transferring Lightning DLCs
In the past couple weeks we’ve discussed how to execute Discreet Log Contracts (DLCs) on Lightning and how to transfer Lightning payments using Payment Points and barrier escrows. Today we are going to join these two concepts and discuss how …
Discreet Log Contracts on Lightning Network
In previous posts we have explained what Discreet Log Contracts (DLCs) are and why they are so great, and even gave a demo on a work in progress implementation. Today we are going to look into the future of DLCs …
Discreet Log Contract Demonstration
For the past couple months, in collaboration with our friends at Crypto Garage, we have been working on implementing and creating a specification for Discreet Log Contracts (DLCs). We have written extensively about what DLCs are, how they work, and …
Crypto Hedging With Discreet Log Contracts
Investors trade options and forwards to make money. However, businesses use these financial instruments as a means to reduce and mitigate exposure to risks. The most common methods of hedging are through derivative instruments such as swaps, futures and options. …
Discreet Log Contracts Part 4: Security and Trust Model
So far in our Discrete Log Contracts series, we’ve covered what they are, how they work, and why they’re great. In this final post, we will enter into a practical discussion of the security and trust considerations involved when dealing …