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 …
Discreet Log Contracts Part 3: Why They Are Great
In previous posts, we discussed both what Discreet Log Contracts (DLCs) are and how they work in detail. Now, let’s talk about the features of DLCs and how they make powerful oracle contracts. Part 1 – What is a Discreet …
Discreet Log Contracts Part 2: How They Work
In our last Discreet Log Contract post, we explored the problems faced by most existing smart contracts as well as what Discrete Log Contracts (DLCs) are at a high level. In this post we will detail what exactly what it …
Discreet Log Contracts Part 1: What is a Discreet Log Contract?
Previously we have analyzed Discreet Log Contracts (DLCs) at a high level and briefly walked through a specific contract executed between Blockstream and Crypto Garage. In this series we will be delving further into DLCs, looking at what they are, …
Discreet Log Contracts: Blockstream & Crypto Garage’s Contract
On April 19th, Blockstream and Crypto Garage successfully executed one of the first Discreet Log Contracts (DLCs). Specifically, they engineered a forward contract within the DLC framework. This achievement marks a significant step forward in P2P finance whose benefits …