Bitcoin OP_CAT use cases series #5: Drivechain

Quick Summary:

sCrypt has created a smart contract operating similarly to the hashrate escrow mechanism in Bitcoin’s Drivechain proposal.

The post Bitcoin OP_CAT use cases series #5: Drivechain appeared first on CoinGeek.

They allow users to transfer BTC between the Bitcoin mainchain and sidechains, enabling new features or experimental technologies without altering the mainchain.

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Article Details

Author / Journalist: Xiaohui Liu

Category: Crypto

Markets: Canada

Topics: Smart Contract OP_CAT Tech SCrypt Drivechain

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-10 @ 06:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 546 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 26017548

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