So many people are sleeping on DLCs.

Oct 17, 2021 · 5:16 PM UTC

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smh thought we were friends
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Replying to @MartyBent
What exactly you mean?
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Replying to @MartyBent
What are DLCs?
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Stands for discreet log contract, let's you do oracle based smart contracts directly on bitcoin in a very private way
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Replying to @MartyBent
*Alot* of work seems to need doing there. The oracle needs implementing, adaptors to feed it real world data need writing, onchain is waiting on taproot, offchain would be far better. If Bitcoin is 1997 Internet, and Lightning is 1994, DLCs look to me like 1991
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A lot of progress has been made to date! People were calling Lightning vaporware less than four years ago. Patience.
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Replying to @MartyBent
I learned about them in December and still havent really seen them used. Any good examples @benthecarman ? The VRChat presentation was informative af and I know nothing bout programming/writing DLCs
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@AtomicFinance is probably the most consumer friendly DLC implementation. Still in closed beta but very promising
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Replying to @MartyBent
People are always sleeping on #bitcoin