Mercury Layer @mercurylayer
Bitcoin off chain MPC Layer 2 protocol. First live state chain implementation. mercurylayer.org Global Joined February 2021-
Tweets795
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Statechains are only interested when they are blinded. @mercurylayer implemented this two years ago, all open source…
Statechains are only interested when they are blinded. @mercurylayer implemented this two years ago, all open source…
and as im asked quite often, an incomplete list of what im excited for: -@citrea_xyz rollup w/ bitvm bridge -@Strata_BTC rollup w/ bitvm bridge -@BotanixLabs launching + research on spiderchain -@babylonlabs_io and bitcoin staking in general -@ArchNtwrk sidechain where VM…
and as im asked quite often, an incomplete list of what im excited for: -@citrea_xyz rollup w/ bitvm bridge -@Strata_BTC rollup w/ bitvm bridge -@BotanixLabs launching + research on spiderchain -@babylonlabs_io and bitcoin staking in general -@ArchNtwrk sidechain where VM…
This guy has not heard of @mercurylayer or OpenDimes…
This guy has not heard of @mercurylayer or OpenDimes…
Bitcoin wasn’t hijacked; it was understood early that blockchains don’t scale easily, much like databases. How do Google/Amazon scale? With multiple DBs and caches. Bitcoin hasn’t cracked that yet—truth is, demand isn’t overwhelming. This debate reminds me of my time at Merrill…
Originally i wanted to contribute to bitcoin because I was genuinely board in my 9 - 5 job and bitcoin looked like something that could change the world...
Originally i wanted to contribute to bitcoin because I was genuinely board in my 9 - 5 job and bitcoin looked like something that could change the world...
This is outrageous—a government official attacking Bitcoin without evidence of it being used in this way. Pure fear-mongering. Yet another dark day under one of the most clueless governments we’ve seen...
There’s been some confusion about what @mercurylayer is (and isn’t). The original concept explored a mechanism to send private keys via adaptor signatures. However, this wasn’t feasible at the time due to the lack of Schnorr signatures, plus the complexity of passing an adaptor…
@davidmarcus @lightspark @aantonop Surprised to see you tagging Andreas in this conversation while breaching the actual ethos of open source software (esp in Bitcoin) and not crediting a single second the work of @mercurylayer @TTrevethan and @gregory_nico that’s been years in the making (since early 2020). :)
Great to see another statechain. The more the merrier...
New xmas toys... tomshardware.com/raspberry-pi/r…
What projects are building on state channels? 🔹 @mercurylayer enables Bitcoin UTXO transfers off-chain via shared key custody and statechains, allowing instant, zero-cost transactions without on-chain confirmation. 🔸The Lightning Network facilitates fast, low-cost Bitcoin…
Really interested and well written paper on Bitcoin scaling via ZKPs. Some challenges around verifying ZKPs using polynomial operations, but the ideas are promising. Perhaps @mercurylayer’s MPC-based trusted setup could help with the initial covenant deployer, ensuring secure…
Really interested and well written paper on Bitcoin scaling via ZKPs. Some challenges around verifying ZKPs using polynomial operations, but the ideas are promising. Perhaps @mercurylayer’s MPC-based trusted setup could help with the initial covenant deployer, ensuring secure…
More building of sample @mercurylayer apps. This time using a electron to as to fire up simple UI. #bitcoin #Layer2 #Statechains github.com/nicosey/electr…
A @mercurylayer statecoin blindly signs a psuedo-chain of backup transactions, but these are not broadcasted. Its uses MuSig2. Its live and and production ready...
A @mercurylayer statecoin blindly signs a psuedo-chain of backup transactions, but these are not broadcasted. Its uses MuSig2. Its live and and production ready...
Keep on building. Nice tutorial from @TTrevethan to build a simple web app with @mercurylayer #Bitcoin #L2 docs.mercurylayer.com/docs/web-lib/t…
Agree here that Arkoor is not custodial, even through there is a trust assumption - and this is an important distinction when it comes to the legal status and obligations of an ASP. 1/5 x.com/stevenroose3/s… @super_testnet @stevenroose3 #ark #bitcoin #layer2 #mercury
Agree here that Arkoor is not custodial, even through there is a trust assumption - and this is an important distinction when it comes to the legal status and obligations of an ASP. 1/5 x.com/stevenroose3/s… @super_testnet @stevenroose3 #ark #bitcoin #layer2 #mercury
Interesting to compare the arkoor implementation with @mercurylayer statechains, both in terms of functionality and trust model. One consequence of the mercury key update mechanism is ‘proactive security’ - it is not possible for a server to collude with an old owner if the keys…
We appreciate the love @brian_trollz. Just don't call us bitcoin maximalists :)
We appreciate the love @brian_trollz. Just don't call us bitcoin maximalists :)
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