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Bitcoin Reddit

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So I've recently read some information stating the taproot upgrade now allows for scriptless scripts which can allow for turing complete smart contracts to be built on top of the lightning network.

So for example we can have decentralised autonomous organisations running on top of lightning, and because they run on top of lightning instead of on the main chain there are no scalability issues as is the case with ethereum.

How correct is this?

submitted by /u/slvbtc
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