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sCrypt
sCrypt

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Turing Machines on Bitcoin

Bitcoin Turing-Complete Proof — We have empirically demonstrated that any Turing machine can be simulated on Bitcoin and thus definitively proven it is Turing-complete¹. We have implemented a Turing machine that recognizes balanced parentheses and deployed it on the Bitcoin blockchain. Any other Turing machines can be simulated in the same way. Introduction to Turing Machine A Turing…

Bitcoin

4 min read

Turing Machine on Bitcoin
Turing Machine on Bitcoin
Bitcoin

4 min read


1 day ago

Borrow and Lend On Bitcoin

We are thrilled to introduce the implementation of loan smart contracts, that allow lending and borrowing directly on chain. Loan contracts are essential financial tools that allow individuals or entities to borrow money with agreed-upon terms and conditions. Leveraging the strengths of smart contract technology has the potential to revolutionize…

Bitcoin

6 min read

Borrow and Lend On Bitcoin
Borrow and Lend On Bitcoin
Bitcoin

6 min read


Nov 23

On-Chain Option Contracts Using Covenants

We are excited to announce the implementation of option contracts on chain, utilizing the power of Bitcoin covenants. This allows the execution of sophisticated financial contracts such as call and put options directly on a blockchain, as long as the chain supports Bitcoin-style covenants such as on Bitcoin SV and…

Smart Contracts

6 min read

On-Chain Option Contracts Using Covenants
On-Chain Option Contracts Using Covenants
Smart Contracts

6 min read


Nov 18

On-chain Limit Orders Using Covenants

We have developed limit orders on chain. It is based on a type of smart contract called covenants, where an output can be spent only if the transaction that spends it meets specific criteria. To demonstrate how it works, we have implemented Ordinals tokens sell and buy limit orders paid…

Bitcoin

3 min read

On-chain Limit Orders Using Covenants
On-chain Limit Orders Using Covenants
Bitcoin

3 min read


Oct 25

Homomorphic Encryption on Bitcoin

On-chain Private Computing — Everything on a blockchain is publicly accessible. This gives rise to privacy concerns, when working with sensitive data. To ensure data on chain remains confidential and secure, we employ a technique called homomorphic encryption (HE). It allows computations to be performed on encrypted data without decrypting it, opening up new…

Homomorphic Encryption

3 min read

Homomorphic Encryption on Bitcoin
Homomorphic Encryption on Bitcoin
Homomorphic Encryption

3 min read


Oct 16

sCrypt now Supports Ordinals

The embracing of 1Sat Ordinals by the Bitcoin community is rapidly increasing with over 48 million inscriptions, and there is a ton of excitement around this new innovation. Despite the excitement, the tooling for ordinal inscriptions remains underdeveloped, making it challenging to build with Ordinals. …

Bitcoin Ordinals

2 min read

sCrypt now Supports Ordinals
sCrypt now Supports Ordinals
Bitcoin Ordinals

2 min read


Sep 19

Sealed Auctions on Bitcoin

Sealed auctions are a well-established method for trading and selling goods and services. With the advent of blockchain technology, sealed auctions can now be implemented on-chain, offering a number of advantages over traditional auctions. In this article, we will implement of a collateralized sealed auction on UTXO-based smart contract blockchains…

Bitcoin

2 min read

Sealed Auctions on Bitcoin
Sealed Auctions on Bitcoin
Bitcoin

2 min read


Sep 14

Catastrophe Bonds on Bitcoin

Smart contract-based financial instrument — Blockchain technology has the potential to revolutionize the financial markets, and catastrophe bonds are one area where this potential is being realized. Catastrophe bonds are a type of financial instrument that allows investors to hedge against the risk of natural disasters. They work by issuing bonds that pay out to…

Smart Contracts

5 min read

Catastrophe Bonds on Bitcoin
Catastrophe Bonds on Bitcoin
Smart Contracts

5 min read


Sep 13

Integrate Ordinals with Smart Contracts on Bitcoin: Part 4

Control Distribution of BSV-20 Tokens — In our last article, we have shown smart contracts can control transfers of BSV-20 tokens after minting. Today, we demonstrate how to control distribution/issuance of such tokens. Tickerless mode BSV-20 introduces a tickerless mode in V2 and takes a different approach from V1. Deploy To deploy and mint a token with a supply…

Bitcoin Ordinals

3 min read

Integrate Ordinals with Smart Contracts on Bitcoin: Part 4
Integrate Ordinals with Smart Contracts on Bitcoin: Part 4
Bitcoin Ordinals

3 min read


Sep 9

Integrate Ordinals with Smart Contracts on Bitcoin: Part 3

Fungible BSV-20 Tokens based on Ordinals — Previously, we have shown how to integrate Bitcoin smart contracts with Ordinals, which can be regarded as NFTs on chain. In this article, we show how to integrate them with the fungible version, i.e., BSV-20 tokens. …

Ordinals Nft

3 min read

Integrate Ordinals with Smart Contracts on Bitcoin: Part 3
Integrate Ordinals with Smart Contracts on Bitcoin: Part 3
Ordinals Nft

3 min read

sCrypt

sCrypt

988 Followers

sCrypt (https://scrypt.io) is a full-stack smart contract development platform for Bitcoin Satoshi Vision

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