Wallet manufacturing giant Ledger has unexpectedly released an update to its Bitcoin App, adding Javascript, Rust, and Python code support for Miniscript.
Thanks to Ledger embedded engineer Salvatore Ingala’s иницијатива, any common Ledger device is now able to create time-morphing vaults and other complex Miniscript transactions using Ledger’s official code. Millions of Bitcoin wallets are now compatible with the programming language.
Miniscript is already a part of the Bitcoin network in its current state. It requires no forks, chain variants, nor separate tokens.
Now, the community is rediscovering its unique capabilities to increase the reliability of self- and collaborative-custody solutions. Rob Hamilton, founder of Bitcoin insurance company AnchorWatch, told Protos that it uses the “available Bitcoin operation codes that exist today. Because of that, it requires no fork or change in the rules of how Bitcoin works.
“We’re leveraging the tools already available within Bitcoin’s code base. Miniscript enables concepts like key heirarchies – where all keys in a multi-signature are not equal. One could also require multiple multi-signature quorums to sign off prior to moving funds.”
Source: https://protos.com/what-is-miniscript__trashed/