Smart contracts

Introduction

A smart contract is a self executing contract where terms of the contract are implemented in code. A common misconception is that Bitcoin is incapable of executing smart contracts, paving the way for the creation of other blockchains like Ethereum.

Bitcoin Script as originally implement is capable of simple yet powerful smart contracts that can be written, deployed and deferred to the miners on the network for execution.

Smart contract platforms

sCrypt is a web-based integrated development environment (IDE) where developers can implement Bitcoin script in a higher level, more familiar programming language.

GearSV is a means of writing and running smart contracts on the Bitcoin SV network. Leveraging other development tools, contracts can be deployed on-chain as data, then run and validated off-chain by oracles or software agents.

Contact Brendan Lee at [email protected] to have your smart contract platform added.