S15 E25: Nicholas Gregory & Tom Trevethan on MercuryLayer

MercuryLayer is a very promising Bitcoin Layer 2 which enables scalable and private swaps between bitcoins at no monetary cost. Nicholas Gregory & Tom Trevethan join the show to explain how it works.

Episode 25 of the Bitcoin Takeover Podcast podcast, hosted by Vlad Costea, titled "S15 E25: Nicholas Gregory & Tom Trevethan on MercuryLayer" was published on March 24, 2024 and runs 72 minutes.

March 24, 2024 ·72m · Bitcoin Takeover Podcast

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Summary

MercuryLayer is a very promising Bitcoin Layer 2 which enables scalable and private swaps between bitcoins at no monetary cost. Nicholas Gregory & Tom Trevethan join the show to explain how it works.

Episode Description

Thanks to the efforts of CommerceBlock CEO Nicholas Gregory and CTO Tom Trevethan, Statechains are now a reality on the MercuryLayer. Originally designed by Ruben Somsen, Statechains serve the purpose of transferring ownership of bitcoins in a private, scalable, and affordable environment. However, the original Statechain design requires the ANYPREVOUT soft fork – something Bitcoin didn't get. But thanks to the efforts of Nicholas Gregory and Thomas Trevethan, MercuryLayer works around the limitations to make Statechains happen without the need for a soft fork.

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