Introduction to Bitcoin Smart Contracts

UTXO Model

  • The amount of bitcoins it contains.
  • A piece of computer code (the locking script).
  • A reference to the previous transaction output.
  • A piece of computer code (the unlocking script).

Bitcoin Virtual Machine (BVM) and Script

A Working Example

Smart Contracts on Bitcoin

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sCrypt Inc (https://scrypt.io) is a company with a mission to provide integrated on-chain smart contracting solutions using the original BitCoin Protocol on BSV

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sCrypt

sCrypt

sCrypt Inc (https://scrypt.io) is a company with a mission to provide integrated on-chain smart contracting solutions using the original BitCoin Protocol on BSV

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