Question

How does Litecoin's "Script" language enable more complex transaction types?

Answer 1

Litecoin's "Script" language enables more complex transaction types by allowing users to create custom scripts that define the conditions under which a transaction can be spent. This flexibility enables the implementation of various transaction types such as multi-signature transactions, time-locked transactions, and other more advanced smart contract_

Answer 2

Litecoin's "Script" language enables more complex transaction types by allowing users to create custom conditions for spending their coins. This scripting language provides flexibility for creating various conditions that must be met before a transaction can be completed, such as multi-signature transactions, time-locked transactions, and other advanced features not possible with simpler transaction models. This enables users to implement more sophisticated and secure transaction types beyond the basic send-receive model.