Podcasts: S15 E25: Nicholas Gregory & Tom Trevethan on MercuryLayer 🔗 5 weeks ago
- Category: Podcasts | Bitcoin Takeover Podcast
- Author(s): Vlad Costea
- Published: 24th March 2024 14:35
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.
