I think he’s already done ark and state chains. What else is there?
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155 sats \ 9 replies \ @justin_shocknet 18h
Lightning is the only L2
Ark and Statechains have to refer to Lightning as "glue" because they are not L2's themselves
L1 = Payments
L2 = Payment Channels
Fin.
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33 sats \ 4 replies \ @hynek 7h
Ark is bitcoin just like Lightning..
Liquid, statechains, drivechains, etc. are not bitcoin
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0 sats \ 3 replies \ @justin_shocknet 2h
Wrong, Ark is another scam fake L2 just like the rest... Worse given how bad their marketing is to overtly lie
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0 sats \ 2 replies \ @hynek 1h
Are you really familiar with the Ark design? You are not sending bitcoin elsewhere and you are always able to withdraw the funds without permission.
I'm not commenting the marketing thou.. it's a bit suspicious.
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0 sats \ 1 reply \ @justin_shocknet 1h
It's literally just another centrally coordinated shadow chain, "pre-confirmed transactions" and "vTXOs" are scammer nomenclature, not protocol design.
There is a unilateral exit happy path with pstx's, if you can afford it, but Ark only exist to serve poors that can't afford lightning (therefore can't afford a UTXO or the exit)
It's a trustodial system and their marketing is just the first violation of trust. Bad actors, avoid.
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17 sats \ 0 replies \ @hynek 1h
Valid concerns.. I will still keep an eye on it.
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68 sats \ 2 replies \ @Bell_curve 18h
have you heard of Spark?
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367 sats \ 1 reply \ @justin_shocknet 18h
Yes, it's a statechain implementation Lightspark uses to obfuscate their custodial relationship with users allowing them to distribute SDK's to wallet devs who won't KYC users.
The one thing i'll give them is is that they openly admit its trusted in their docs.
The problem is they're lying when they market it as an L2 as if its not trustodial.
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71 sats \ 0 replies \ @BlokchainB 17h
Trustodial 😆
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17 sats \ 0 replies \ @BlokchainB 17h
Bravo
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16 sats \ 0 replies \ @hasherstacker 9h
There shall be only one.
Only one L1: Bitcoin
Only one L2: Lightning
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