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What is Mercury?

Mercury is a new Bitcoin layer-2 scaling technology, based on the concept of statechains, that enables private keys for BTC deposits (UTXOs) to be transfered securely between owners without requiring an on-chain transaction.

This enables users to transfer full cusody of an amount of BTC to anyone almost instantly, with increased privacy, and without having to pay miner fees.

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Frequently asked questions

What is a 'statechain'?

What is a 'statecoin'?

How is the private key 'split'?

How is a statecoin transfered to a new owner?

How can you withdraw?

Can the statechain entity seize my coins?

How does the statechain entity securely delete private key shares?

What are coinswaps?