Mercury Layer
@mercurylayer
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Bitcoin off chain MPC Layer 2 protocol. First live state chain implementation.
Global
Joined February 2021
RT @januszg_: Some thoughts on statechains. I used to say "Lightning is the only L2". I changed my mind and think protocols like @buildonsp….
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RT @gregory_nico: Statechains are only interested when they are blinded. @mercurylayer implemented this two years ago, all open source….
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RT @januszg_: and as im asked quite often, an incomplete list of what im excited for:. -@citrea_xyz rollup w/ bitvm bridge.-@Strata_BTC rol….
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RT @gregory_nico: Bitcoin wasn’t hijacked; it was understood early that blockchains don’t scale easily, much like databases. How do Google/….
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RT @gregory_nico: Originally i wanted to contribute to bitcoin because I was genuinely board in my 9 - 5 job and bitcoin looked like someth….
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RT @gregory_nico: This is outrageous—a government official attacking Bitcoin without evidence of it being used in this way. Pure fear-monge….
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RT @gregory_nico: There’s been some confusion about what @mercurylayer is (and isn’t). The original concept explored a mechanism to send pr….
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RT @roxananasoi: @davidmarcus @lightspark @aantonop Surprised to see you tagging Andreas in this conversation while breaching the actual et….
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RT @HouseofChimera: What projects are building on state channels? . 🔹 @mercurylayer enables Bitcoin UTXO transfers off-chain via shared key….
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RT @gregory_nico: Really interested and well written paper on Bitcoin scaling via ZKPs. Some challenges around verifying ZKPs using polynom….
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RT @gregory_nico: More building of sample @mercurylayer apps. This time using a electron to as to fire up simple UI. #bitcoin #Layer2 #Sta….
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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 scaling concept I might imagine for UTXOs is creating a pseudo-chain which is regular chains of transactions but not broadcast. Channels and other stuff transparently receive and spend these virtual outputs. To reduce chain lengths cooperation with MuSig2 is used to aggregate.
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RT @gregory_nico: Keep on building. Nice tutorial from @TTrevethan to build a simple web app with @mercurylayer . #Bitcoin #L2. https://t.….
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RT @TTrevethan: Agree here that Arkoor is not custodial, even through there is a trust assumption - and this is an important distinction wh….
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RT @TTrevethan: Interesting to compare the arkoor implementation with @mercurylayer statechains, both in terms of functionality and trust m….
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RT @gregory_nico: We appreciate the love @brian_trollz. Just don't call us bitcoin maximalists :).
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