BITCOIN Has Smart Contracts?? Different Types Explained

439 views Β -Β 2023-12-07
CoinGecko

CoinGecko

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Did you know that smart contracts also live on the Bitcoin mainnet? While they may be limited in functionality compared to smart contracts on chains like Ethereum, they enable the Bitcoin network to serve as a financial settlement layer. Learn about some of the types of Bitcoin smart contracts in this video.

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What are Crypto Smart Contracts and How They Automate Agreements πŸ‘‰ https://www.coingecko.com/learn/crypto-smart-contracts

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Timestamps:
00:00 Intro
00:27 Pay-to-Public-Key-Hash
00:57 Multi-signature
01:24 Hashed Time Lock Contracts
01:57 Discreet Log Contracts
02:47 Pay-to-Taproot
03:25 Outro

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