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Taproot and Beyond: How Bitcoin’s Smart Contract Capabilities Are Evolving

Taproot and Beyond: How Bitcoin’s Smart Contract Capabilities Are Evolving

Introduction Bitcoin was originally designed as a decentralized digital currency, prioritizing security and simplicity over advanced programmability. Unlike Ethereum, which supports complex smart contracts through a Turing-complete language, Bitcoin’s scripting language is intentionally limited to enhance security and scalability. However, the introduction of Taproot, activated in November 2021, significantly

By Andika
Decentralized Autonomous Organizations (DAOs): Redefining Governance in the Blockchain Era

Decentralized Autonomous Organizations (DAOs): Redefining Governance in the Blockchain Era

Introduction The emergence of blockchain technology has catalyzed the development of new governance structures, among which Decentralized Autonomous Organizations (DAOs) stand out as a radical departure from traditional corporate models. DAOs leverage smart contracts to facilitate decentralized decision-making, eliminating hierarchical control and enabling collective governance. By distributing authority among token

By Andika