13.5 Bitcoin Spacechains Explained in 4 Minutes || Ruben Somsen

from Join the Wasabikas - a Bitcoin Privacy Podcast · host Wasabi Wallet

Ruben Somsen talks about his latest invention: Spacechains, a Bitcoin sidechain where any user can compete to add a hash of the recent statechain block into a transaction in the Bitcoin blockchain. With a perpetual one-way-peg, any user can make his baselayer bitcoin unspendable, and in exchange create spacecoins, which are used to create transactions on the spacechain.

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This episode was published on May 7, 2021.

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