Statechains? Statecoins? Changing UTXO ownership offchain? CoinSwaps? What are all these 🤯

In S13 E5 of the Bitcoin Takeover podcast, CommerceBlock CEO and director Nicholas Gregory explains how MercuryWallet works under the hood: a long chain of cryptographic magic which allows bitcoiners to trustlessly swap equal amounts without leaving any permanent traces on the public blockchain.

MercuryWallet is currently one of the most interesting projects in Bitcoin privacy, and one which beautifully complements CoinJoins. While the former effectively changes ownership, the latter obfuscates the existing links on the public ledger.

To learn more about how all of this works and why it’s important, listen to Bitcoin Takeover podcast S13 E5 – now available on Spotify, Apple Podcasts, YouTube & more!

#statechain #statecoins #commerceblock #mercurywallet #bitcoinprivacy #coinswap #privacy #utxo #bitcoin #btc #cryptography

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