StateChain

StateChains are a cryptographic structure that consists of a chain of digital signatures transfering ownership of a specific statecoin (a bitcoin UTO) between owners. Similar to a blockchain or sidechain, the statechain acts as immutable cryptographic proof of ownership and a proof that a statecoin(bitcoin UTXO) has not been double spent.

In of February 2022, MercuryWallet was the first implementation has been deployed.

External links

• https://medium.com/@RubenSomsen/statechains-non-custodial-off-chain-bitcoin-transfer-1ae4845a4a39
• https://github.com/commerceblock/mercury
• https://www.mercurywallet.com/