State Chains ~ Somsen Ruben ~ Breaking Bitcoin
World Crypto Network
Ruben Somsen describes state chains, a scaling protocol where federation and user each hold keys, using Schnorr signatures and SIGHASH_ANYPREVOUT to transfer UTXOs off-chain as tokens—enabling instant Lightning channel opens and atomic coin swaps without blockchain evidence. The federation signs messages blindly without transaction visibility, reducing trust versus federated sidechains. The design

https://relay.towardsliberty.com/8f84d97c7026867aaf16cf8a0c9336d8074398a0fd2f33d8b94a732cfc802194.mp4
Jul 2, 2019