Bitcoin Layer 2: Statechains
State Chain is a protocol that was first proposed in 2018 by Ruben Somsen, spurred by ideas related to the Eltoo (or LN symmetry) proposal. In 2021, CommerceBlock developed a variant called Mercury, and in 2024, additional improvements led to the creation of the mercury layer. Discussing the Statechain protocol is a bit more complex […]