32 sats \ 2 replies \ @tptrevethan OP 1 Feb \ parent \ on: Mercury layer AMA bitcoin
There are several possibilities. One is that you could use a statechain to send someone a pre-funded channel off-chain (so instantly usable). Another possibility is that different LSPs could use it to rebalance channels to manage liquidity better, without having to go on-chain.
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0 sats \ 1 reply \ @joda 1 Feb
So in the first case, the statechain would act as a Layer 2, with Lightning as more of a Layer 3; And the second case, Lightning and the statechain are sort-of inter-operable Layer 2s?
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0 sats \ 0 replies \ @tptrevethan OP 2 Feb
Yes, king of. LN would still be as it is, but a channel would be opened on top of a statechain. Second case, yes - it is just part of the process of rebalancing without needing to go on-chain.
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