5 sats \ 4 replies \ @Rsync25 OP 30 Oct 2023 \ parent \ on: What are Discreet Log Contracts (DLCs)? bitcoin
Yes, is possible generate, but DLCs are early protocol and is necessary add more tools. Thee other use case are 2-of-2 with multisig between channels, open/close channels..
When you open channel using DLCs for X token, automatically is created a mini market with price about asset.
I see. That's what I figured. I suppose Oracle's might be live market feeds that further down the line are plugged into BitVM and deliver outcomes.
reply
BitVM is possible have connections with DLCs, but is necessary this kind orcale stay mature and tested. We're still in early days.
reply
I think I get what you're saying. It's hard to imagine what this could all look like as time increases.
Thanks for your reply!
reply
You're welcome.Short term BitVM and DLC not happen while long term yes
reply