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The Bitcoin script language allows you to create escrow systems without any trust in a third party intermediary. A working example of this is the lightning pro
by aeternus 8y ago
The Bitcoin script language allows you to create escrow systems without any trust in a third party intermediary.
A working example of this is the lightning protocol which is implemented on top of Bitcoin script. It uses time-based escrow written in Bitcoin script to eliminate the need for trust or third party intermediaries.
This is an important benefit that isn't very well known.