RATE Group | SegWit Creator Introduces New Language for Bitcoin Smart Contracts
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SegWit Creator Introduces New Language for Bitcoin Smart Contracts

21 Aug SegWit Creator Introduces New Language for Bitcoin Smart Contracts

Posted at 12:52h in Bitcoin News by

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Bitcoin Core developer Peter Wuille has introduced new Bitcoin (BTC) smart contract programming language dubbed Miniscript.

Wuille, a creator of major Bitcoin network upgrade SegWit, announced the Miniscript project website on the mailing list message for Bitcoin developers on Aug. 19.

As noted in the statement, Miniscript was developed and implemented by Wuille, Andrew Poelstra and Sanket Kanjalkar at Canadian blockchain tech firm Blockstream Research. Wuille claimed that the project took the developers around a year, and it has now reached the stage where it needs to get more attention.

Mini-Bitcoin script

Miniscript is a language for writing a subset of Bitcoin scripts in a structured way, which enables analysis, composition, generic signing and others, as Wuille describes it in short. Meanwhile, Bitcoin script is a basic programming language that makes smart contracts on Bitcoin network possible by enabling users to set specific conditions for a certain transaction to be…

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