17min chapter

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BTC018: Bitcoin Smart Contract w/ Discrete Log Contracts featuring Pierre Rochard & Ben Carman (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Exploring Discrete Log Contracts and Oracles

This chapter examines Discrete Log Contracts (DLCs) and their reliance on independent data sources to determine outcomes, including real-world event results. The discussion highlights advancements in cryptography that allow for the effective implementation of DLCs on Bitcoin, while also addressing scalability concerns compared to Ethereum. Furthermore, the chapter explores the role of Oracles in facilitating smart contracts and emphasizes the potential benefits of using off-chain solutions for improved privacy and reduced costs.

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