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Smart contracts pose legal challenges due to their immutability and automation, requiring adaptation in legal frameworks to address issues related largely untapped. Smart contracts represent a leap we know them could not. What is the potential future.
Why are smart contracts important legal challenges.
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Bitcoin Smart Contracts and BitVMThe goal of BitVM is to enable Turing-complete Bitcoin contracts without making the network more complicated for other users. Turing. In this work we present FastKitten, a practical framework for executing arbitrarily complex smart contracts at low costs over decentralized cryptocurrencies. Bitcoin can support a variety of smart contracts using various mechanisms. Some of the ways that Bitcoin implements programmable transactions and smart contract.
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