SegWit Can Enhance Smart Conracts

SegWit Can Enhance Smart Conracts

The idea is still a work in progress, but Dryja said that he’s looking for more feedback from the community with the publication of a white paper on DLC.

For now, he hopes that his idea will help to inspire a new way of thinking about smart contracts; one that is more privacy and scalability focused. As far as next steps for the project, Dryja said that DLC will be his “next fun project” after he squares away some of the work he’s doing on his version of the Lightning Network for MIT.

He noted that DLC does not require any changes to bitcoin, but it (like many others in the space) will work better when a coding optimization known as SegWit is activated on bitcoin – if it ever is.

He further said that it’s possible to code up a version of DLC without SegWit, but it would be “annoying” to complete a version of the code that doesn’t require SegWit’s activation if SegWit is then activated soon after. So, he will likely wait for its activation to begin work on the project.