Bitcoin Smart Contracts Explained

Understanding Bitcoin Smart Contracts: 2025 Framework and Use Cases According to Chainalysis data, a staggering 73% of cross-chain bridges are vulnerable, highlighting the urgent need for robust Bitcoin smart contracts to enhance security and interoperability in cryptocurrency transactions. As we head into 2025, the landscape is rapidly shifting, and it’s important to understand how these…

<h1>Bitcoin Smart Contracts Explained: How They Work</h1> <h2>Pain Points in Decentralized Agreements</h2> <p>Many traders struggle with <strong>trustless execution</strong> in peer–to–peer transactions. A 2023 Chainalysis report showed 23% of cross–border crypto deals fail due to counterparty risks. Consider Alice selling NFT art to Bob – without escrow, either party could default.</p> <h2>Technical Implementation Breakdown</h2> <p><strong>OP_CHECKLOCKTIMEVERIFY</strong> (CLTV)…