Mycelium includes comprehensive support for Bitcoin smart contracts and advanced transaction types beyond simple payments. The wallet supports time-locked transactions, multi-signature arrangements, and other conditional transaction formats enabled by Bitcoin’s scripting capabilities. The mycelium wallet’s advanced transaction features allow users to participate in complex Bitcoin applications including escrow services, payment channels, and other smart contract implementations. These capabilities position Mycelium as a full-featured Bitcoin platform rather than just a simple payment wallet, enabling participation in Bitcoin’s evolving ecosystem of financial applications.
