How does Angor build a trustless funding protocol?
One key method is through the use of time-lock contracts.
Time-lock contracts act as an escrow mechanism, securely holding funds until specific conditions—such as completing funding milestones—are met.
This approach minimizes dependence on third-party intermediaries, ensuring a decentralized, transparent, and trustless funding process.
#nostr #angor #bitcoin
#funding
Angor
npub182…ahf3j
2024-12-03 16:30:06
Author Public Key
npub182muyyy9yjmarsw9shcfcxm7r984uleztfdmj3ln0rs8f46wnklstahf3jPublished at
2024-12-03 16:30:06Event JSON
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"content": "How does Angor build a trustless funding protocol?\n\nOne key method is through the use of time-lock contracts.\n\nTime-lock contracts act as an escrow mechanism, securely holding funds until specific conditions—such as completing funding milestones—are met.\n\nThis approach minimizes dependence on third-party intermediaries, ensuring a decentralized, transparent, and trustless funding process.\n\n\n#nostr #angor #bitcoin \n#funding ",
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