Andika Tjahja Hendrawan

Andika Tjahja Hendrawan
Taproot and Beyond: How Bitcoin’s Smart Contract Capabilities Are Evolving

Taproot and Beyond: How Bitcoin’s Smart Contract Capabilities Are Evolving

Introduction Bitcoin was originally designed as a decentralized digital currency, prioritizing security and simplicity over advanced programmability. Unlike Ethereum, which supports complex smart contracts through a Turing-complete language, Bitcoin’s scripting language is intentionally limited to enhance security and scalability. However, the introduction of Taproot, activated in November 2021, significantly

By Andika Tjahja Hendrawan
Decentralized Autonomous Organizations (DAOs): Redefining Governance in the Blockchain Era

Decentralized Autonomous Organizations (DAOs): Redefining Governance in the Blockchain Era

Introduction The emergence of blockchain technology has catalyzed the development of new governance structures, among which Decentralized Autonomous Organizations (DAOs) stand out as a radical departure from traditional corporate models. DAOs leverage smart contracts to facilitate decentralized decision-making, eliminating hierarchical control and enabling collective governance. By distributing authority among token

By Andika Tjahja Hendrawan