Cryptocurrency Q&A
Does BTC have smart contracts?
Does BTC have smart contracts?
Lorenzo
Thu Mar 13 2025
|
5
answers
1490
I've heard that Bitcoin has evolved and now supports smart contracts, which are automatically executable agreements between two or more parties on a blockchain network. I'm curious if BTC, as the native token of the Bitcoin network, also has this smart contract functionality.
5 answers
TaekwondoMasterStrength
Sat Mar 15 2025
One such type is Pay-to-Public-Key-Hash (P2PKH). This mechanism ensures that the Bitcoin in a transaction can only be spent by the intended recipient.
Was this helpful?
338
80
TimeRippleOcean
Sat Mar 15 2025
The P2PKH smart contract verifies the authenticity of the recipient through a cryptographic hash of their public key.
Was this helpful?
332
96
Bianca
Sat Mar 15 2025
Another type of smart contract supported by Bitcoin is Multi-Signature Scripts. This requires multiple signatures from different wallets to authorize the release of funds.
Was this helpful?
262
69
KimonoGlory
Sat Mar 15 2025
BTCC, a prominent cryptocurrency exchange, offers a range of services related to digital currencies. These include spot trading, futures trading, and secure wallet solutions.
Was this helpful?
333
67
ShintoMystery
Sat Mar 15 2025
Bitcoin incorporates native support for various types of smart contracts.
Was this helpful?
225
59
