TLS95: Nicholas Gregory on Statechains, Mercury Wallet, Scaling Bitcoin, and the Lightning Network

Nicholas Gregory is the CEO of CommerceBlock, the company using Statechains to power their product Mercury Wallet.

In our conversation, Nick explained the concept and utility of statechains, Mercury Wallet’s upcoming Lightning integration, and we also discussed LSPs and Bitcoin transaction fees.

→ Mercury Wallet: https://mercurywallet.com/

Sponsors

→ Voltage: https://stacksats.how/voltage

→ Stakwork: https://stacksats.how/stakwork

This show is a Lightning podcast. That means instead of asking for likes or shares, I ask for sats.

The best way to show your support is to download Fountain from the App Store, load your wallet with some sats, and send them over the Lightning Network to kerooke@fountain.fm.

→ Fountain: https://www.fountain.fm/

→ More Episodes: https://www.stacksats.how/podcast

→ Lightning Address: ⚡kerooke@fountain.fm

Links

→ Stack Sats: https://www.stacksats.how/

→ Twitter: https://twitter.com/kerooke

→ Books: https://www.kevinrooke.com/book-recommendations

→ Bitcoin News: https://stacker.news/r/kr

Timestamps

00:00 - Intro

02:18 - Nicholas Gregory Intro

04:25 - CommerceBlock

05:56 - What are Statechains?

17:18 - Building Mercury Wallet

23:51 - Changes to Bitcoin’s Protocol

34:58 - Trends in Bitcoin Transaction Fees

37:50 - Catalysts for Lightning Development

45:37 - Traits of Good Lightning Service Providers

54:58 - Attacking the Lightning Network

1:03:59 - The Lightning Round