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OP_NET and Arch: Exploring Smart Contracts on Bitcoin
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OP_NET and Arch: Exploring Smart Contracts on Bitcoin

This article discusses two smart contract technologies implemented on the Bitcoin mainnet: OP_NET and Arch. As an execution layer, OP_NET implements smart contract operations through specific Bitcoin transactions and has a mechanism to burn Bitcoins. Arch, on the other hand, is positioned as the "Bitcoin 1.5 layer", using its own token as gas fee to process and verify transactions through nodes.
2024-09-24 17:59:56
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