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Bitlayer Research

Bitlayer Research: Detailed Explanation of the "OP-DLC 2" Optimization Mechanism

OP-DLC introduces an optimistic challenge mechanism into CET, which can resist arbitrary attacks and has a simple beauty.
2024-06-03
OP-DLC
Bitlayer Research
optimization mechanism
DLC
oracle
Bitlayer Research: Detailed Explanation of the "OP-DLC 2" Optimization Mechanism

Bitlayer Research: Analysis of DLC Principles and Optimization Thoughts

Discreet Log Contract (DLC) is a set of oracle-based contract execution schemes proposed by Tadge Dryja from MIT in 2018. DLC allows two parties to make conditional payments based on predefined conditions. The parties determine possible outcomes and pre-sign them, and use these pre-signatures to execute payments when the oracle signs the outcome. Therefore, DLC enables new decentralized financial applications while ensuring the security of Bitcoin deposits.
2024-04-02
DLC
BitVM Dual Bridge
Bitlayer Research: Analysis of DLC Principles and Optimization Thoughts
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