
Ungovernable Misfits
Monthly bitcoin update EP32. Stay up to date with what matters.
Jan 26, 2024
Bitcoin monthly hosts Max, Bitcoin QnA, and Antomous discuss the importance of using bitcoin in a private and freedom-focused way. They also cover various updates such as new wallet versions, RoboSats Federation, Foundation Passport Firmware, Bitcoin Keeper features, and more. They highlight the release of Phoenix Wallet iOS v2.1.0 with request inbound liquidity feature and discuss atomic swaps and recent grant rounds.
01:07:16
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Quick takeaways
- Mercury Layer aims to provide instant and zero-cost off-chain transactions for Bitcoin, competing with Lightning Network and Liquid.
- Ledger's Connect Kit was exploited, leading to hacks and stolen funds, highlighting the company's security and privacy breaches history.
Deep dives
Introduction of Mercury Layer
Mercury Layer is a proposed layer two solution that enables off-chain transfer and settlement of Bitcoin while maintaining self-custody. It aims to provide instant and zero-cost transactions without requiring confirmation of on-chain transactions. It is being developed as a competitor to existing layer two solutions like Lightning Network and Liquid, although technical details on how it achieves this are not widely discussed yet.
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