Integrating Statechains With Lightning Channels Can Allow For Off-Chain Balancing And Improved Flexibility

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