CTV dramatically improves DLCs

The post discusses how OP_CHECKTEMPLATEVERIFY (CTV) significantly improves the performance of Discreet Log Contracts (DLCs) on Bitcoin. It details the current state of DLC protocols, the computational complexities involved, and how CTV can optimize these processes. By using CTV and Taproot, DLCs can reduce computational costs and data exchanges, simplify threshold oracle setups, and eliminate certain multiplications. These improvements make DLC transactions faster and more efficient, even on resource-constrained devices, though with some trade-offs in witness size and transaction distinguishability.

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