In the Spirit of the current ongoing football tournament at the Euro 2024, we wrote a beautiful piece on the Knowledge Graph explaining key details and moments about the last World Cup in Qatar. Check it out here;

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@rexznn LFG!!! - Creating a PTLC: When Bob deposits BTC into the multi-sig vault, a PTLC is created with a specific point on the elliptic curve, representing the condition for the transaction. - Issuing zBTC: The Zenon Network issues zBTC to Bob, with the corresponding PTLC conditions encoded. - Transferring zBTC: Bob sends 0.5 zBTC to Alice. The transaction includes a partial PTLC condition that must be fulfilled for the transfer to be valid. - Redeeming BTC: Alice wants to redeem her 0.5 zBTC. She provides the necessary partial signature that satisfies the PTLC condition. This is where sentinels come in. They partially sign a TX and relay to the next sentinel. (See Gorg's article for sentinels and watch towers). - Completing the PTLC: The multi-signature wallet on Bitcoin combines the partial signatures to form a complete adaptor signature, satisfying the PTLC condition and releasing the corresponding 0.5 BTC to Alice.

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📚 Learning never stops! What's the most interesting thing you've learned recently about crypto? Share your knowledge with us! 🤓 🌐 Website 💬 Discord 💬 TG News 💬 TG English 💬 TG China 💬 TG Korea 📈 CoinMarketCap ✖️ Twitter 📷 Instagram 🦎 Coingecko 🦄 Uniswap