USANovember 30, 2023 / AlexaBlockchain/ – Dark Fusion Technologies, the company that developed the Simple Contract Language (SCL), has made a breakthrough in the race to develop smart contracts and tokens on Bitcoin Layer 1, becoming one of the first projects to achieve this incredible feat. .
This innovative development offers enormous potential for both the technology industry and a wide range of customers and institutions, ushering in a new era of secure, scalable and interoperable smart contracts. With improved security, scalability, and cross-chain compatibility, SCL enables the creation of innovative applications in a variety of sectors, including decentralized finance, tokenized assets, supply chain management, gaming and NFTs, and data management and privacy.
This technological innovation enables a broad range of users, including blockchain developers, enterprises, financial institutions, governments, and individuals, to harness the power of decentralized systems and digital assets in a secure, efficient, and transparent manner.
SCL is a new smart contract language designed specifically for Bitcoin. It is layer independent, so it can be used on any UTXO-based blockchain. Simple Contract Language is particularly suited to Bitcoin because it leverages Bitcoin’s unique features, such as strong security and decentralization, and confidently enters the blockchain trilemma.
SCL smart contracts differ from Ethereum smart contracts in several key aspects. First, SCL smart contracts provide improved security. They use one-time cryptographic seals to isolate each smart contract, significantly increasing its resistance to hacking attempts. Second, SCL smart contracts boast excellent scalability. It significantly improves throughput by processing multiple transactions simultaneously using a method called batch processing. This feature is a groundbreaking achievement for layer 1 transactions. Third, SCL smart contracts demonstrate greater efficiency. Written in Rust, a high-performance, modern programming language, SCL allows developers to write smart contracts using virtually any programming language, making it a language-agnostic protocol.
“The best thing about working on the cutting edge is feeling like you’re reaching the limits of human knowledge and knowing that what you’re doing can push those limits just a little further,” said Dominic Obojkovits, creator and chief engineer of Dark Fusion. says:
Dark Fusion is already working with several partners to develop and deploy SCL smart contracts on Bitcoin. Dark Fusion and its founding partners are prepared to commercialize and deploy integrated technology solutions through collaboration with a network of partners. The plan will leverage Dark Fusion’s extensive network of opportunities, which includes access to renowned global airlines, major sporting event and festival managers, and a wide range of retailers, among others.
Additionally, Dark Fusion’s partner client portfolio consists of influential institutional and retail payments leaders. This includes a global card scheme and agreements with four of Africa’s five largest banks, Africa’s leading non-bank financial intermediaries and the continent’s most important stock exchanges. This strategic partnership represents an important step for Dark Fusion to scale its operations for global expansion.
Dark Fusion believes that SCL has the potential to revolutionize the way smart contracts are used. Dark Fusion is bringing smart contracts to Bitcoin, allowing you to build secure, scalable, and efficient decentralized applications on the world’s most secure blockchain.
“Our team is at the forefront of unlocking new dimensions of Bitcoin utility. We’re not just exploring uncharted territory. We are making them. Our innovative approach will revolutionize the way Bitcoin is leveraged and open the door to previously unimaginable possibilities,” says Greg Van Der Spuy, CEO of Dark Fusion.
“SCL allows developers to build secure, scalable, and efficient decentralized applications on Bitcoin. Dark Fusion is changing the world of smart contracts, and we can’t wait to see what the future holds.”
As the Dark Fusion team moves forward with its roadmap, we will provide open source opportunities for developers and builders to start building using SCL and Dark Fusion technologies. New token standards and technologies are readily available to fuel innovation in Bitcoin and the Lightning Network.
Introduction to Darkfusion
Dark Fusion is a technology company developing Simple Contract Language (SCL), a new smart contract language designed specifically for Bitcoin. Dark Fusion’s mission is to seamlessly migrate smart contracts and tokens to the world’s largest, most trusted, and secure blockchain, making them accessible to everyone.
Connect with Dark Fusion:
Telegram: https://t.me/+nXK-F8menOo3Njg8
Twitter: https://twitter.com/DarkFusionTech
Website: https://darkfusion.tech/
Source: Dark Fusion
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