The Pros, Cons And Possibilities For Bitcoin's Discreet Log Contracts
Discussing Discreet Log Contracts, a type of smart contract that can be leveraged for many financial instruments on Bitcoin.Listen To This Episode:AppleSpotifyGoogleLibsynOvercastIn this episode of "Bitcoin, Explained," hosts Aaron van Wirdum and Sjors Provoost were joined by resident sidechain and Layer 2 expert Ruben Somsen, once again, this time to discuss Discreet Log Contracts (DLCs). DLCs are a type of smart contracts for Bitcoin, first proposed by Lightning Network white paper co-author Tadge Dryja. In essence, DLCs are a way to perform bets — but this means that they can....
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Firstly, let me start out by saying that we fully support the X11 Algorithm and that we do believe it is the future for many coins out there. Especially considering that Scrypt ASICs have already been spotted in the wild, and that there are new ASICs of an expected 250 MH/s! The X11 Algorithm has its flaws though (cons), but do they outweigh all of the pros? Without further ado, let's take a look at the pros and cons of the X11 Algorithm. Litecoin's supposed X11 Logo. Pros. First Pro of the X11 Algorithm? Security: The algorithm uses eleven hashing functions from the Blake algorithm to the....
Pros and cons are always essential to consider, even in a variety of contexts. When picking a trading platform, it is vital to create and review a list of pros and cons to be certain the right decision is being made. It is also important to decipher between which platforms are the pros they say they are or if they are complete con artists. PrimeXBT is a trading platform with a lot of pros, and like any platform has some cons to consider. Because the pros so heavily outweigh the cons in this situation, we are instead in this review hoping to determine if PrimeXBT is the professional....
Immersion cooling has emerged as a rapidly-evolving technique for increasing bitcoin mining rig efficiency, with many pros, cons and details to consider.
Discreet log contracts even the odds for peer-to-peer sports betting on Bitcoin. Bettors have a fairer chance when sportsbooks lose their advantage.
CoinTelegraph is bringing you a serialized review of the most popular cloudmining providers available to see how they truly stack up, so readers thinking of becoming active in the space can make the most informed decision possible. We’ve already covered some basics, which you can find in the first and second installments. Now, we present more about the pros and cons of the ten platforms in everyday use. Are they practical? How easy is it to access your hard-earned coins? Read on to find out more. Only buy contracts are offered, with contracts running for 5 years. The user account features....