How Bitcoin’s Lightning Network Can Be Used as a Decentralized Betting Platform
One of the more interesting presentations at the Scaling Bitcoin workshop at Stanford University over the weekend was MIT Digital Currency Initiative Research Scientist Tadge Dryja’s talk on discreet log contracts. Through this type of smart-contracting system, Bitcoin smart contracts that rely on the use of an oracle can potentially be made more secure than they are today, and the less-trusted oracles can also be used off-chain by way of the Lightning Network.
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