IOHK | Paper

Library > Scripting smart contracts for distributed ledger technology

Scripting smart contracts for distributed ledger technology

December/2016, EPrint Archive

DISTRIBUTEDSMARTCONTRACT

We give an overview of the scripting languages used in existing cryptocurrencies, and in particular we review in some detail the scripting languages of Bitcoin, Nxt and Ethereum, in the context of a high-level overview of Distributed Ledger Technology and cryptocurrencies. We survey different approaches, and give an overview of critiques of existing languages. We also cover technologies that might be used to underpin extensions and innovations in scripting and contracts, including technologies for verification, such as zero knowledge proofs, proof-carrying code and static analysis, as well as approaches to making systems more efficient, e.g. Merkelized Abstract Syntax Trees.