A Commerceblock BLIP facilitates Lightning channels built on Bitcoin statechains, improving flexibility for the Layer 2 protocol.
Last year, I wrote about Commerceblock’s Mercury Wallet, an implementation of both statechains and CoinSwaps. This simultaneously introduced a new mixing tool as well as the first wallet to implement a new second-layer scaling solution. The team built off of Ruben Somsen’s original statechain proposal with some changes to make it work without the needed ANYPREVOUT/Eltoo sighash flag, and integrated a new CoinSwap design to allow users to mix multiple times without needing to transact on chain for each mix.
Background
To just quickly summarize for those who didn’t read my previous piece: a statechain is an off-chain mechanism for transferring freely between anyone completely off-chain. The original owner/user collaborates with a statechain operator to construct a ECDSA-MPC address where the private key is sharded with one half held by the user and the other
We współpracy z: https://bitcoinmagazine.com/technical/statechain-lightning-combined-in-bitcoin
