Cryptocurrency Q&A
What is DLC in crypto?
What is DLC in crypto?
WhisperInfinity
Tue Nov 19 2024
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5 answers
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I'm interested in learning about a specific term in the cryptocurrency field. I've encountered 'DLC' and I'm not sure what it stands for or represents in the context of crypto. Could someone explain what DLC means in this domain?
5 answers
Giulia
Thu Nov 21 2024
This form of transaction leverages an oracle to facilitate the execution of a smart contract.
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Bianca
Thu Nov 21 2024
The core functionality of DLCs enables parties to engage in betting activities utilizing the Bitcoin blockchain.
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Valentino
Thu Nov 21 2024
To establish a DLC, two parties are required to deposit funds into a multisig address.
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Riccardo
Thu Nov 21 2024
This multisig address serves as a secure intermediary, ensuring that the funds are only released once the terms of the contract are met.
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JejuSunshineSoul
Thu Nov 21 2024
A Discreet Log Contract (DLC) represents a unique method of conducting Bitcoin transactions.
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