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Subject: [bitcoin-dev] Smart Contracts Unchained
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https://zmnscpxj.github.io/bitcoin/unchained.html

Smart contracts have traditionally been implemented as part of the consensu=
s rules of some blokchain.  Often this means creating a new blockchain, or =
at least a sidechain to an existing blockchain.  This writeup proposes an a=
lternative method without launching a separate blockchain or sidechain, whi=
le achieving security similar to federated sidechains and additional benefi=
ts to privacy and smart-contract-patching.